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:
• Robust understanding of Accounts Payable processes and vendor management
• Hands-on
📌 Finance Associate (Bengaluru)
🏢 TMRW House of Brands
📍 Bengaluru
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