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Accounts Payable Lead

BHIVE Workspace is looking for an experienced Accounts Payable Lead to oversee the end-to-end accounts payable function. The ideal candidate will ensure timely processing of invoices, vendor payments, reconciliations, and compliance with financial policies. This role requires strong analytical skills, attention to detail, and the ability to streamline payment processes while maintaining vendor relationships.

Key Responsibilities:

Accounts Payable Management:

  • Oversee the entire accounts payable process, ensuring timely invoice verification, approvals, and payments.
  • Maintain an accurate record of vendor invoices, purchase orders, and payment schedules.
  • Ensure proper matching of invoices with purchase orders and contracts.
  • Review and process employee reimbursements in compliance with company policies.

Vendor & Stakeholder Coordination:

  • Establish and maintain strong relationships with vendors by ensuring timely payments and resolving disputes.
  • Work closely with procurement and finance teams to streamline the payment cycle.
  • Address vendor queries, discrepancies, and escalations in a timely manner.

Reconciliation & Reporting:

  • Perform monthly and quarterly reconciliations of accounts payable balances.
  • Generate aging reports, outstanding payment reports, and cash flow projections.
  • Ensure accurate accruals and expense booking in financial statements.
  • Assist in financial audits and statutory compliance related to accounts payable.

Process Improvement & Compliance:

  • Implement automation and process improvements to enhance efficiency in accounts payable.
  • Ensure compliance with GST, TDS, and other applicable tax regulations.
  • Stay updated on regulatory changes impacting vendor payments and taxation.

Key Requirements:

  • Experience: 5+ years in accounts payable, finance, or accounting, with at least 2 years in a leadership role.
  • Education: Bachelor’s degree in Accounting, Finance, or Commerce (B.Com, M.Com, or MBA Finance preferred).
  • Technical Skills:
    • Proficiency in ERP systems (SAP, Tally, QuickBooks, or Zoho Books).
    • Strong knowledge of GST, TDS, and financial reporting.
    • Expertise in MS Excel (VLOOKUP, Pivot Tables, Financial Modeling).
  • Soft Skills:
    • Strong analytical and problem-solving skills.
    • Excellent communication and stakeholder management.
    • Ability to work in a fast-paced environment and meet deadlines.

Preferred Qualifications:

  • Experience in real estate, coworking, or hospitality industries.
  • Hands-on experience in AP automation tools and process optimization.
  • Strong understanding of accounting principles and IFRS/GAAP standards.

About BHIVE Group

The BHIVE Group stands at the forefront of revolutionizing managed offices & enterprise coworking spaces, while democratizing investments in Bengaluru.

1,000 + Companies

Backed by Blume Ventures

28,000 Seats

27+ Centres

1.8+ million sq. ft

*INR 350+ Crore Revenue

To know more about the BHIVE GROUP, visit – www.bhive.group 

BHIVE’s Mission: The BHIVE Group’s mission is to be amongst the most loved and admired real estate companies of India by 2033 

BHIVE’s Vision: BHIVE Group envisions helping people live a better quality of life. Anything that we do will have people and quality of life in mind. 

Benefits: At BHIVE, we are committed to providing more than just a paycheck—we strive to create a supportive and rewarding work environment where employees feel valued, empowered, and motivated to excel. Our comprehensive benefits package includes  

1,000 + Companies

We’re a passionate, youthful, and vibrant team, located in the heart of the city’s bustling Central Business District   Equal Opportunity

Employer: BHIVE proudly stands as an Equal Opportunity Employer – By Choice. We firmly believe that we are most effective in helping our associates, customers, and the communities we serve, lead better lives when we genuinely understand them. This involves recognizing, respecting, and valuing diversity in terms of unique styles, experiences, identities, ideas, and opinions while fostering inclusivity for all individuals.  

Impactful Work: Joining BHIVE means contributing to a real impact on the startup ecosystem in India.

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