ROLE SUMMARY
We are looking for a motivated and detail-oriented Accounts Payable Clerk to join our real estate finance team in New Delhi. This is an excellent opportunity for a fresh or early-career professional to build a strong foundation in invoice processing, vendor payments, and financial operations within a fast-paced real estate environment. The successful candidate will demonstrate strong English communication skills, a self-starter mindset, and the ability to learn quickly on the job.
KEY RESPONSIBILITIES
Invoice Processing
• Receive, review, and verify vendor invoices for accuracy, completeness, and appropriate authorisation before processing
• Match purchase orders, delivery notes, and invoices for contractor payments related to construction, fit-out, and property maintenance works
• Code invoices to the correct cost centres, property codes, and GL accounts within the accounting system
• Process invoices for recurring real estate expenses including utilities, AMC contracts, security services, housekeeping, and property management fees
• Maintain an organised digital and physical filing system for all vendor invoices, credit notes, and supporting documentation
Vendor & Payment Management
• Maintain accurate vendor master data including addresses, bank details, and payment terms
• Prepare weekly and monthly payment runs, ensuring invoices are settled within agreed terms to maintain good vendor relationships
• Process security deposit refunds, broker commissions, and contractor milestone payments in line with project schedules
• Respond to vendor payment queries in a timely and professional manner, escalating disputes to the Finance Manager as needed
Reconciliation & Compliance
• Reconcile vendor statements against internal ledgers on a monthly basis and resolve any discrepancies
• Ensure accurate withholding and timely remittance of backup withholding and 1099 preparation for applicable vendors and contractors
• Assist with sales tax compliance by verifying vendor exemption certificates and flagging taxable transactions
• Support month-end and year-end closing by ensuring all payables and accruals are accurately recorded
Reporting & Documentation
• Prepare ageing reports for accounts payable and highlight overdue or unapproved invoices to the Finance Manager
• Maintain organised records of all AP documentation for internal audits, statutory filings, and compliance reviews
• Support the finance team with ad hoc reporting and analysis as required
QUALIFICATIONS & EXPERIENCE
Required Preferred / Advantageous
• Associate's or Bachelor's degree in Accounting, Finance, Business, or related field
• 0-3 years of experience in accounts payable, invoice processing, or general accounting
• Proficiency in MS Excel and accounting software
• Basic understanding of sales tax, 1099 reporting, and vendor compliance requirements • Prior experience in a real estate, property management, or construction company
• Experience with real estate ERP platforms (MRI Software, Yardi, AppFolio, or similar)
• Familiarity with three-way invoice matching and purchase order workflows
SKILLS & COMPETENCIES
Technical Skills Soft Skills
• Invoice processing & three-way matching
• Vendor payment runs & disbursement scheduling
• MS Excel (pivot tables, VLOOKUP, data validation)
• QuickBooks / ERP accounting software
• Sales tax compliance & vendor ledger management • Self-starter - takes initiative without waiting to be directed
• Quick learner - adapts rapidly to new systems, processes, and property products
• English proficiency - high level, both written and spoken (required for client correspondence and reporting)
• Strong attention to detail and numerical accuracy
• Effective communicator - professional and courteous with tenants and clients
• Ability to prioritise workload and meet financial deadlines