Accounts Payable Manager

Position Title: Assistant Manager Finance & Accounts

Location: Hyderabad

Reports To: Unit Financial Controller

Company: The Quorum

Position Overview

The Assistant Manager Finance & Accounts supports the unit finance function by ensuring accurate accounting, statutory compliance, timely reporting, and smooth day-to-day financial operations. This role works closely with the Unit Financial Controller and cross-functional teams to maintain financial discipline, support audits, and enable informed decision-making at the unit level.

The role requires strong accounting fundamentals, hands-on execution capability, and the ability to coordinate across departments in a hospitality-led environment.

Key Responsibilities

Accounting & Financial Operations

• Oversee accounts payable processes, including expense and inventory journal vouchers, reconciliations, vendor coordination, and timely payments.
• Review and monitor general ledger entries to ensure accuracy and compliance with accounting standards.
• Prepare and review bank reconciliation statements on a regular basis.
• Develop and maintain cash flow and fund flow statements for the unit.

Statutory Compliance & Audit Support

• Handle unit-level compliance related to GST, TDS, and VAT, including filings, reconciliations, and documentation.
• Support statutory audits and assist in the finalisation of accounts.
• Ensure readiness of records and schedules required for audits and regulatory reviews.

Coordination & Ad-hoc Support

• Work closely with internal stakeholders to resolve finance-related queries and ensure timely closures.
• Support the Unit Financial Controller on finance-related tasks and projects as required.

Success Metrics

• Timely and accurate accounting closures and reconciliations.
• Compliance with statutory timelines and audit requirements.
• Accurate MIS reporting and financial documentation.
• Smooth coordination with internal teams and vendors.

Qualifications & Experience

• Graduate or Masters degree in Finance or Accounting.
• Minimum 5 years of relevant experience in finance and accounts.
• Strong working knowledge of Microsoft Excel.
• Prior experience in hospitality, services, or multi-unit operations preferred.

Skills & Competencies

• Strong accounting and compliance fundamentals.
• Attention to detail and process discipline.
• Clear communication and coordination skills.
• Ability to manage multiple priorities in a fast-paced environment.