Finance Associate - Payable
Bengaluru, IndiaFull-timeMid · 2+ years
About this role
ABOUT COMPANY
Blitz enables Same-Day Delivery for eCommerce brands to provide the best on-time delivery experiences to their customers. Blitz aims to simplify scalability & unlock the growth of new-age eCommerce brands by making Same-Day delivery more convenient, reliable & affordable. Same-Day Delivery helps brands with converting their browsers into buyers, serving as a competitive advantage and reducing working capital challenges. Blitz currently engages with enterprise brands with category focus into Fashion, Beauty & Personal Care and Healthcare; helping them with 30% - 40% increase in their website conversions & increasing retention by 2x by providing best in class experience.
ABOUT THE ROLE
We are looking for a proactive and detail-oriented Finance Associate to join our Finance & Accounts team. The ideal candidate will bring a strong foundation in accounts payable, MIS vs Book reconciliation, ledger reconciliation, and financial planning. Prior exposure to the logistics industry and working knowledge of Zoho Books will be a strong advantage. The role demands high accuracy, ownership, and the ability to manage multiple finance tasks independently.
KEY RESPONSIBILITY AREAS (KRAS)
| Job Title | Finance Associate |
| Department | Finance & Accounts |
| Reporting To | Finance Manager/ Assistant Manager Finance |
| Role Type | Full-Time |
| Experience | Minimum 2 Year in Finance / Accounts role |
| Platform | Zoho Books (mandatory working knowledge) |
| Industry Pref. | Logistics / Supply Chain (preferred) |
| Location | Bangalore |
ROLES & RESPONSIBILITIES
Accounts Payable & Invoice Management
- Record, verify and process vendor invoices accurately in Zoho Books
- Perform three-way matching of invoices against purchase orders and GRNs
- Ensure timely vendor payments as per agreed payment terms and schedules
- Coordinate with vendors for outstanding invoice queries and dispute resolution
- Maintain and monitor AP aging reports; flag overdue and stressed payments proactively
- Track GST pending invoices and follow up with vendors for compliance
MIS vs Book Reconciliation
- MIS reports and Zoho Books entries to identify variances
- Ensure all transactions recorded in MIS are accurately reflected in the books of accounts
- Investigate and resolve discrepancies between system-level data and actual ledger balances
- MIS vs Book reconciliation summary to the Finance Manager
- Maintain audit trail and documentation for all reconciliation adjustments made
Ledger Reconciliation
- Perform regular vendor and internal ledger reconciliations to ensure accuracy
- Identify and clear long-pending entries, duplicate payments, and unreconciled items
- Assist in bank reconciliation statements and resolve mismatches on priority
- Support in preparation of balance sheet schedules and vendor balance confirmations
Financial Projection & Planning
- financial projections and cost forecasts
- Track actual vs projected spends and highlight deviations with commentary payment plans and cash flow projections
- Maintain and update projection trackers for payables, vendor costs, and operational expenses
- Contribute to budgeting by providing historical data analysis and trend inputs
MIS Reporting & Zoho Books
- Manage day-to-day accounting entries, journals, and adjustments in Zoho Books
- Generate periodic MIS reports — AP aging, vendor-wise payables, cost variance summaries
- Prepare data for management review meetings including aging analysis and payment forecasts
- Ensure accurate month-end closing in Zoho Books with all provisions and accruals posted.
REQUIRED SKILLS & COMPETENCIES
- B.Com / M.Com / BBA / MBA (Finance) or equivalent — mandatory
- 2 year of experience in a Finance / Accounts role (AP / AR / General Accounting)
- Zoho Books — invoice recording, vendor management, reconciliation
- MIS vs Book reconciliation and ledger matching
- Strong understanding of accounts payable workflow, invoice processing, and GST basics
- MS Excel — VLOOKUP, pivot tables, SUMIF, data validation
- Strong attention to detail and ability to meet month-end deadlines independently