Executive - Accounts Payable & Accounts Receivable

Role summary

A reputed real estate company in Pune is hiring finance professionals for two openings: one focused on accounts payable and the other on accounts receivable. The roles are based in NIBM, Pune, and are intended for candidates with strong accounting fundamentals, hands-on reconciliation experience, and exposure to real estate, construction, or developer operations.

Accounts Payable role

The AP executive will handle vendor invoice processing, payment coordination, reconciliations, compliance checks, and financial documentation. The role involves working closely with vendors, contractors, consultants, procurement, projects, and finance teams to keep the payables cycle accurate and timely.

• Check, validate, and process vendor invoices within required timelines.
• Compare invoices against purchase orders, work orders, agreements, and contracts.
• Support timely payments to vendors, contractors, consultants, and other service providers.
• Confirm that statutory and policy compliance requirements are met before payments are released.
• Maintain vendor master data and respond to vendor payment queries.
• Resolve mismatches, disputes, and payment-related differences with vendors.
• Review employee expense claims and reimbursements and ensure correct accounting treatment.
• Track AP reconciliations, vendor statements, outstanding balances, advances, retention, and contractor payments.
• Keep complete documentation ready for audits and internal control checks.
• Prepare AP ageing reports, payment schedules, and MIS summaries.
• Assist with month-end and year-end closing activities.

Accounts Receivable role

The AR executive will manage customer billing, invoice recording, collections, bank reconciliations, receivables monitoring, and reporting. Candidates with real estate sector experience and SAP knowledge will be preferred for this profile.

• Create and maintain customer invoices and billing records.
• Record invoices correctly in SAP or other ERP systems.
• Review customer agreements and payment schedules to ensure accurate billing.
• Coordinate with sales, CRM, and finance teams to maintain billing accuracy.
• Monitor overdue accounts, ageing, and collection follow-ups.
• Handle customer payment disputes and reconcile ledger differences.
• Improve receivable realisation and support cash flow management.
• Perform monthly bank reconciliations and verify customer receipt allocations.
• Investigate differences between bank statements and ledger balances.
• Prepare AR ageing, collection status, and management reports.
• Identify process improvements and support automation within SAP/ERP workflows.
• Maintain records for audit and compliance purposes.

Experience and qualification

The AP position calls for 4 to 7 years of experience. The AR position also requires 4 to 7 years of experience. A bachelor's degree in accounting, finance, commerce, or a related discipline is preferred. The posting also states that any graduate may apply.

Industry and work environment

This opportunity is with a top listed real estate organization operating in the real estate, construction, and developer space. The company highlights exposure to large residential and commercial projects, a collaborative setup, and a performance-oriented workplace.

Application and hiring note

Interested candidates are asked to share an updated CV. Candidates from real estate, construction, infrastructure, or developer backgrounds are preferred. The posting includes contact details for Leena Bhandari and Ravi Sir, and notes that the consultancy does not charge candidates for placements.

The source also mentions an application option through a recruiter website and an email subject line reference. External source references have been omitted in this version.

Additional information

Location: NIBM, Pune. Industry: Real Estate / Construction / Developer. The role emphasizes vendor management, receivables tracking, statutory compliance, MIS reporting, reconciliation work, and use of ERP/SAP tools. A finance team environment with coordination across procurement, projects, sales, CRM, and management is expected.