Finance Associate - Payable

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)

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