Assistant Manager - Accounts Payable

<div><strong>About Groww:</strong></div>
<div>We are a passionate group of people focused on making financial services accessible to every Indian through a multi-product platform. Each day, we help millions of customers take charge of their financial journey. Customer obsession is in our DNA. Every product, every design, every algorithm down to the tiniest detail is executed keeping the customers’ needs and convenience in mind. Our people are our greatest strength. Everyone at Groww is driven by ownership, customer-centricity, integrity and the passion to constantly challenge the status quo.</div>
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<div>Are you as passionate about defying conventions and creating something extraordinary as we are? Let’s chat.</div>
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<div><strong>Our Vision</strong></div>
<div>Every individual deserves the knowledge, tools, and confidence to make informed financial decisions. At Groww, we are making sure every Indian feels empowered to do so through a cutting-edge multi-product platform offering a variety of financial services. Our long-term vision is to become the trusted financial partner for millions of Indians.</div>
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<div><strong>Our Values</strong></div>
<div>Our culture enables us to be what we are — India’s fastest-growing financial services company. It fosters an environment where collaboration, transparency, and open communication take center-stage and hierarchies fade away. There is space for every individual to be themselves and feel motivated to bring their best to the table, as well as craft a promising career for themselves.</div>
<div>The values that form our foundation are:</div>
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<li>Radical customer centricity</li>
<li>Ownership-driven culture</li>
<li>Keeping everything simple</li>
<li>Long-term thinking</li>
<li>Complete transparency</li>
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<p><strong>Key Responsibilities:</strong><br><br><strong>Accounts Payable & Payments:</strong><br><br>Manage end-to-end vendor payment processing, including NEFT/RTGS/IMPS<br>and other approved payment modes.<br>Ensure timely and accurate processing of invoices after verifying approvals,<br>contracts, and supporting documents.<br>Handle high-volume transactions while maintaining accuracy and compliance.<br><br><strong>Accounting, Accruals & Provisions:</strong><br><br>Pass accurate accounting entries for vendor invoices, advances, accruals,<br>and provisions.<br>Prepare and book monthly accruals and provisions for expenses incurred but<br>not invoiced.<br>Ensure proper reversal and true-up of accruals and provisions in subsequent<br>periods.<br>Maintain accurate expense recognition in line with accounting standards.<br><br><strong>Vendor Reconciliation & Ageing:</strong><br><br>Maintain vendor ageing and ensure timely clearance of open items.<br>Perform vendor ledger reconciliation and resolve discrepancies.<br>Handle vendor queries related to payments, balances, and reconciliations.<br><br><strong>Compliance & Controls:</strong><br><br>Ensure compliance with GST, TDS, and other applicable statutory<br>requirements.<br>Support internal and external audits by providing necessary AP schedules<br>and documentation.<br>Adhere to internal controls, SOPs, and approval matrices.<br><br><strong>Month-end & Reporting:</strong><br><br>Support month-end and year-end closing activities related to AP.<br>Prepare AP-related reports including vendor ageing, accrual summaries, and<br>payment trackers.<br>Coordinate with cross-functional teams (procurement, business, treasury) for<br>closure of open items.<br><br><strong>Process Improvement & Team Support:</strong><br><br>Identify process gaps and suggest improvements for AP efficiency and<br>controls.<br>Support junior team members and act as a point of escalation when required.<br><br><br><strong>Qualifications & Experience:</strong><br><br>Bachelor’s degree in Commerce / Accounting / Finance<br>CA Inter / MBA (Finance) – preferred<br>3–4 years of hands-on experience in Accounts Payable and accounting<br>operations.<br>Strong understanding of accounting entries, accruals, provisions, and vendor<br>ageing.<br>Experience working on ERP systems (SAP, Oracle, NetSuite, Tally, etc.)<br>Advanced working knowledge of MS Excel.<br><br><strong>Key Skills:</strong><br><br>Strong accounting fundamentals<br>Vendor and stakeholder management<br>Attention to detail and accuracy<br>Ability to work independently and meet deadlines<br>Good communication and coordination skills</p>

Department: Finance