Role Overview:

The role involves managing vendor payments, reconciliations, store finance operations, inventory tracking, and compliance-related activities. The ideal candidate will ensure accurate accounting of transactions, timely settlements, smooth store financial operations, and adherence to statutory requirements.

Key Responsibilities:

Accounts Payable & Reconciliations:

- Manage vendor invoice accounting and ensure timely processing of payments
- Perform vendor and customer reconciliations and drive timely closure of outstanding items
- Track payable aging and coordinate with stakeholders for resolution of discrepancies

Foreign Payment Compliance:

- Prepare and coordinate Form 15CA/15CB documentation for foreign remittances
- Ensure compliance with applicable regulatory and statutory requirements related to overseas payments

Store Inventory & Asset Management:

- Track and monitor store inventory movements across locations
- Reconcile inventory records and coordinate with relevant teams to resolve mismatches
- Ensure all store assets and inventories are adequately insured and maintain insurance documentation

Store Finance Operations:

- Perform store sales and collection reconciliations on a periodic basis
- Monitor store cash balances and report exceptions to the Head Office team




- Prepare monthly store commission calculations and validate supporting data

Store Payments Management:

- Track and manage monthly rental, CAM (Common Area Maintenance), and electricity payments for stores
- Coordinate with vendors, landlords, and internal stakeholders to ensure timely settlements

Audit, Reporting & Documentation:

- Support audit activities by maintaining accurate records and providing required documentation
- Handle ad-hoc financial data requests, analysis, and audit-related requirements
- Prepare periodic reports and trackers for management review

Key Skills & Requirements:

- Strong understanding of Accounts Payable processes and vendor management
- Hands-on experience in reconciliations, invoice accounting, and payment processing
- Knowledge of Form 15CA/15CB and foreign remittance processes
- Good understanding of accounting principles and financial controls
- Proficiency in Microsoft Excel and ERP systems
- Robust analytical, problem-solving, and stakeholder management skills
- High attention to detail and accuracy

Preferred Qualifications:

- Bachelor's degree in Commerce, Accounting, Finance, or related field
- 1-2 years of experience in Accounts Payable Operations
- Experience in retail finance, store accounting, or finance operations will be an added advantage

📌 Finance Associate (Bengaluru)
🏢 TMRW House of Brands
📍 Bengaluru