CityMall - Account Payable Head - CA (5-7 yrs)

CityMall is a community commerce platform focused on 300 million new to internet users living in 400 small cities, towns, and villages in India. CityMall primarily focused on Grocery, Fresh and Packaged FMCG categories. Smaller towns and cities are untouched by traditional online e-grocers with large players like Grofers & BigBasket present in top 8 metropolitan cities in India. Key bottlenecks are lack of trust, lack of familiarity to browse and purchase online, low average order values (which makes economic viability a challenge for the platforms), lack of credit in online channels (which neighbourhood stores offer).

CityMall is a highly efficient channel to serve these consumers through "Community Leaders". They are the "Social" & "Geographical" connectors between end consumers and CityMall. They help us in acquiring customers, doing sales & marketing to retain wallet share as well as doing the last mile logistics in their communities making the community led model more suitable for small towns, cities, and villages Founded by IIT Delhi and IIT Roorkee alumni with 8+ years of entrepreneurial experience, CityMall aims to create several thousands of such micro-entrepreneurs and empower them to create the go-to ecommerce platform for Bharat. CityMall is backed by top tier VCs like General Catalyst, Elevation, Accel and Water bridge.

Roles and Responsibilities:

- Oversee the accounts payable process, including vendor management, invoice processing, and payment disbursements.

- Ensure accurate and timely payment of vendor invoices.

- Manage cash flow and maintain adequate liquidity.

- Develop and implement financial controls and procedures to safeguard company assets.

- Prepare financial reports and analyses to support decision-making.

- Conduct regular reconciliations of bank accounts, credit card statements, and other financial accounts.

- Identify and investigate any discrepancies or errors.

- Manage the monthly financial book closing process, ensuring costs incurred are properly recorded. This involves reviewing journal entries, account balance reconciliations, and report preparation.

- Contract monitoring to ensure the expenses are as per the agreed terms.

-Should ensure adequacy and accuracy of provisions created at the month end.

- Contract monitoring to ensure the expenses are as per the agreed terms.

- Should be responsible for proper maintenance of books of accounts as per IndAS and Companies Act.

Requirements (All mandatory): Tally, Advanced Excel, team handling experience, handling high volume of invoices (5k -10k) and strong expertise in accounts payable.

Qualification - CA qualified - Approx 5 years experience

Non CA - 7 to 10 years Experience

Must have knowledge of Account payable, TDS and GST and handling team experience.

Location : Sector 62 Gurgaon

Salary budget : 20 lpa