Accounts Payable

Role: Accounts Payable

Location: Bangalore

About LoadShare

LoadShare is one of Indias most innovative and resilient logistics platforms, transforming how goods move across the country. Founded in 2017, weve grown to become a pan-India, multi-category last-mile network with a unique presence in both Tier 1 metros and deep Tier 2/3 towns.

What sets us apart:

Scale with depth: We handle ~400K deliveries/day across food, e-commerce (B2C), B2B retail, and digital commerce, powered by a 20,000+ rider network.

Strong financials, stronger ambition: With 430 Cr in FY25 revenue and support from global investors (Tiger Global, Matrix, BII, Stellaris, BeeNext), we have a long runway and a path to profitability.

Dual-engine model: We not only operate India’s most flexible last-mile delivery network, but also license our in-house logistics tech platform that processes an additional 20 lac orders/day — one of the few in India to enable asset cross-utilization across verticals.

Strategic partner to India’s digital economy: We work with every major digital commerce player (ecomm, quick commerce, food, mobility) and are expanding wallet share and capabilities within existing giants while co-creating new models with emerging platforms and brands.

Built to scale profitably: We’re not chasing GMV at all costs. We’re building the most capital-efficient, tech-enabled logistics engine in the country.

We’re now building for our next phase: a 5X scale-up over the next 5 years, anchored in sharper client focus, deeper solutions, and new growth engines.

Founders / Founding Team:

Raghu Talluri (CEO) – Formerly at Myntra, McKinsey

Pramod Nair (CTO) – Formerly at Freecharge, Snapdeal, MartMobi

Rakib Ahmed (Co-Founder, Head EComm / Trucking / Warehousing) – Formerly at ICICI Prudential, Co-founder of Lunate Eco

Overall 500+ employees on roll

About the Role

We are seeking an experienced professional to oversee the end-to-end Accounts Payable (AP) process. The role is responsible for managing vendor payments, employee reimbursements, reconciliations, taxation compliance, and driving process improvements through automation.

The ideal candidate should have strong expertise in AP operations, stakeholder management, and financial compliance, with a proven ability to optimize cash flow and strengthen internal controls.

Key Responsibilities

1. Invoice Processing

Receive, verify, and process vendor invoices in a timely manner.

Ensure invoices are supported with proper documentation, approvals, and agreements.

Perform 3-way matching (PO, GRN, Invoice) wherever applicable.

Handle non-PO invoices through proper approval workflows.

2. GST / TDS Compliance

Verify vendor GST details and compliance status.

Ensure correct GST input credit accounting.

Deduct and account for TDS as per applicable sections and ensure timely remittance.

3. Payment Execution

Prepare and process vendor payments in line with company policies and agreed payment terms.

Validate bank details and supporting documents before payment release.

Ensure accuracy and completeness to prevent duplicate or erroneous payments.

4. Reconciliation

Reconcile accounts payable ledger with vendor statements periodically.

Perform AP aging analysis and outstanding review.

Resolve discrepancies promptly to maintain accurate financial records.

5. Record Keeping & Reporting

Maintain accurate and updated vendor transaction records.

Prepare periodic AP aging reports and outstanding analysis.

Ensure proper documentation for internal and external audit purposes.

6. Vendor Management

Serve as the primary point of contact for vendor payment queries and disputes.

Coordinate internally with procurement, finance, and operations teams to resolve issues.

Review vendor contracts and agreements before payment processing.

Ensure compliance with agreed commercial terms and SLAs.

7. Compliance & Month-End / Year-End Closing

Support month-end and year-end closing activities, including reconciliations, accruals, and reporting.

Ensure compliance with internal controls and audit requirements.

Assist in audit documentation and respond to audit queries.

8. Internal Controls & Risk Management

Identify and flag duplicate or fraudulent invoices.

Strengthen internal controls to prevent overpayments and financial leakages.

Ensure adherence to SOPs and approval matrices.

9. Security Deposit (SD) Recovery

Upon serving vacation notice, ensure booking of all pending bills.

Recover balance amounts from landlord (LL).

Close accounts properly in Zoho Books.

10. Process Improvement & Automation

Identify and implement process improvements to enhance efficiency.

Improve ERP approval workflows (Zoho Books / other ERP systems).

Qualifications & Experience

Hands-on experience in Zoho Books.

Working knowledge of Tally (value-added).

Strong proficiency in MS Excel (Pivot, VLOOKUP/XLOOKUP, reconciliation tools).