Assistant Manager Finance

4 days ago

Bengaluru, Karnataka, India Chai Point Full time

Job Title: Assistant Manager - Accounts Payable

Department/Group: Finance Operations

Location: Bangalore (Work from Office)

Company Profile

Chai Point is the world's largest chai-led beverage platform, present across 9 cities through its retail network and specialized Brewing Bots at leading workplaces in 40+ cities across India. Our mission is to serve a great cup of chai that brightens lives and brings people together. We continue to expand our omni-channel presence in India, brewing high-quality beverages along with a wide range of food and accompaniments, serving customers at homes through our CPG products.

Job Description

As an Assistant Manager - Accounts Payable, you will play a key role within the Finance team by managing accounts payable processes, ensuring timely and accurate payments, and overseeing vendor reconciliations. The ideal candidate will be able to thrive in a high-growth environment, handle ambiguity, and have a keen interest in driving efficiency in finance operations.

Role and Responsibilities

  • Manage and oversee the accounting operations, specifically focusing on Accounts Payable and Fixed Asset Register (FAR).
  • Ensure accurate accounting of invoices and maintain trackers for payments.
  • Monitor and establish KPIs and SLAs for the Accounts Payable and Vendor Onboarding processes.
  • Oversee the P2P (Purchase-to-Pay) process and ensure smooth vendor reconciliations.
  • Coordinate the preparation and reporting of the Purchase Register, Accounts Payable reports, and Vendor Reconciliation.
  • Take ownership of Payable Reconciliations and maintain strong controls.
  • Run the invoice accounting process efficiently, ensuring all invoices are processed and accounted for in a timely manner.
  • Provide support during the month-end and year-end closing processes as they relate to Accounts Payable.

Requirements and Skills

  • 3-4 years of experience in Finance Operations, specifically in Accounts Payable.
  • A Bachelor's degree or higher in Accounting, Finance, or a related field.
  • Thorough knowledge of accounting principles and expense recognition processes.
  • Strong experience with Excel and advanced Excel skills for data tracking and reporting.
  • Experience in managing general ledger functions and participating in the month-end/year-end close process.

Personal Traits

  • Strong team management skills with the ability to collaborate effectively within the team.
  • Excellent communication and interpersonal skills.
  • Self-starter with strong problem-solving abilities.
  • Meticulous attention to detail and accuracy in work.
  • Ownership mindset with a proactive approach to tasks and responsibilities.

We're looking for an individual who is eager to contribute to a fast-paced, growth-phase company and who thrives in a dynamic work environment. If you have a passion for numbers and process efficiency, we would love to have you join our team

This job description outlines the key responsibilities and qualifications for an Assistant Manager - Accounts Payable role, while ensuring alignment with Chai Point's values and growth trajectory.

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