Job Description – Manager (Accounts Payable – Expenditure & Commercials)
Experience: 4-7 Years
Department: Finance & Accounts
Designation: Manager – Accounts Payable (Expenditure & Commercials)
Reporting To: Head – Finance / Financial Controller
Job Purpose
To lead and manage the end-to-end Accounts Payable (AP) function for expenditure and commercial transactions, ensuring timely and accurate accounting, vendor payments, statutory compliance, robust financial controls, and effective working capital management. The role is responsible for strengthening vendor relationships, driving process automation, and ensuring adherence to company policies and financial governance across all retail operations.
Key Responsibilities
1. Accounts Payable & Invoice Processing
Lead the end-to-end AP function for operational expenditure (OPEX), capital expenditure (CAPEX), and commercial transactions.
Ensure timely verification, accounting, and processing of vendor invoices in SAP/ERP.
Validate Purchase Orders (PO), Goods Receipt Notes (GRN), contracts, rate approvals,



and supporting documents before invoice booking.
Review non-PO invoices and ensure approvals as per the Delegation of Authority (DOA).
Ensure accurate GL mapping, cost centre allocation, and expense classification.
2. Commercial Accounting & Vendor Management
Manage accounting for vendor rebates, trade discounts, incentive schemes, marketing support, logistics charges, warehousing costs, rent, utilities, and other commercial expenses.
Review commercial agreements to ensure accurate accounting and settlement.
Monitor vendor advances, security deposits, recoveries, and adjustments.
Resolve vendor disputes related to invoices, deductions, and payment settlements.
Maintain strong relationships with vendors and internal stakeholders.
3. Payment Management
Prepare and approve vendor payment proposals based on agreed credit terms and cash flow priorities.
Ensure timely payments through banking platforms and ERP systems.
Monitor

📌 Accounts Payable Manager (Gurugram)
🏢 V2 retail
📍 Gurugram