Senior Accounts Payable Specialist at Toast

Chennai, tamil nadu, India -

Full Time

Start Date

Immediate

Expiry Date

09 Apr, 26

Salary

0.0

Posted On

09 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounts Payable, Invoice Processing, Vendor Management, Payment Cycles, ERP Systems, Google Excel, Attention to Detail, Organizational Skills, Time Management, Team Collaboration, Problem Solving, Adaptability, Internal Controls, Audit Support, Process Improvements, Cross-Functional Collaboration

Industry

Software Development

Description

Toast creates technology to help restaurants and local businesses succeed in a digital world, helping business owners operate, increase sales, engage customers, and keep employees happy. As a Senior Accounts Payable Specialist at Toast, you’ll play a critical role in our procure-to-pay process by ensuring that vendor invoices are processed accurately and on time, while maintaining strong internal controls. We’re looking for someone detail-oriented, organised, and proactive—someone who’s as comfortable with spreadsheets and ERP systems as they are with building relationships across teams. The Senior AP Specialist reports to the Accounts Payable Manager (India). This exciting role requires problem-solving and the ability to process invoices accurately. It will involve significant interaction with vendors and internal business partners. Work Mode: Hybrid (2 days in a week at office) Work Location: Chennai Shift Timings: Regular 2 PM to 11 PM; Night shift during month-end close (5.30 PM to 2:30 AM) - Cab will be provided About this roll* (Responsibilities) Accounts Payable Operations Invoice Processing: Accurately review, code, and route vendor invoices through the company’s AP software, ensuring compliance with established policies and maintaining strict adherence to SLAs for timely processing. PO Matching & Compliance: Execute two- and three-way matching protocols, validating invoices against purchase orders and receipts to guarantee accuracy, prevent discrepancies, and uphold internal controls. Inbox & Vendor Communication: Proactively monitor the AP inbox, triage inquiries, and resolve vendor issues while ensuring all invoices are promptly captured and processed within AP systems. Ensure compliance with Indian statutory and tax requirements, including GST, TDS, and withholding taxes. Reconciliation & Statement Review: Regularly review vendor statements to identify and resolve missing or outstanding invoices, ensuring completeness and accuracy of AP records. Operational Support: Perform a wide range of AP-related tasks to support seamless day-to-day operations, maintaining efficiency and control throughout the Procure-to-Pay (P2P) cycle. Internal Control Compliance Audit Support: Assist with internal and external audits by providing required documentation and explanations Process Improvements: Identify opportunities for process improvements, automation, and standardization within AP operations Cross-Functional Collaboration: Partner closely with procurement, treasury, and accounting teams across India and the U.S. to ensure smooth, end-to-end P2P operations and consistent stakeholder alignment. Month End Activities Assist with AP accruals, journal entries, accruals, and adjustments for monthly, quarterly, year-end close Complete bank and credit card reconciliations on a timely basis Complete ad hoc financial analysis and special projects as requested by leadership Do you have the right ingredients*? (Requirements) Bachelor’s degree in Accounting, Finance, or related field 7+ years of experience in Accounts Payable in a multinational (e.g. US) environment is a necessary requirement Strong knowledge of invoice processing, vendor management, and payment cycles Strong customer orientation, passion for helping customers solve their problems Proficiency in ERP systems (Oracle, NetSuite, SAP, or similar) and Google/MS Excel. Exposure to procurement systems (e.g., Zip, Coupa, Ariba) and automated invoice processing tools Excellent attention to detail, organizational skills, and time management Ability to work in a team and collaborate with other team members to solve customer problems Good adaptability and proven ability with new technologies Strong written and verbal English is mandatory AI at Toast At Toast, one of our company values is that we're hungry to build and learn. We believe learning new AI tools empowers us to build for our customers faster, more independently, and with higher quality. We provide these tools across all disciplines, from Engineering and Product to Sales and Support, and are inspired by how our Toasters are already driving real value with them. The people who thrive here are those who embrace changes that let us build more for our customers; it’s a core part of our culture. Our Total Rewards Philosophy We strive to provide competitive compensation and benefits programs that help to attract, retain, and motivate the best and brightest people in our industry. Our total rewards package goes beyond great earnings potential and provides the means to a healthy lifestyle with the flexibility to meet Toasters’ changing needs. Learn more about our benefits at https://careers.toasttab.com/toast-benefits. Diversity, Equity, and Inclusion is Baked into our Recipe for Success At Toast, our employees are our secret ingredient—when they thrive, we thrive. The restaurant industry is one of the most diverse, and we embrace that diversity with authenticity, inclusivity, respect, and humility. By embedding these principles into our culture and design, we create equitable opportunities for all and raise the bar in delivering exceptional experiences. We Thrive Together We embrace a hybrid work model that fosters in-person collaboration while valuing individual needs. Our goal is to build a strong culture of connection as we work together to empower the restaurant community. To learn more about how we work globally and regionally, check out: https://careers.toasttab.com/locations-toast. Apply today! Toast is committed to creating an accessible and inclusive hiring process. As part of this commitment, we strive to provide reasonable accommodations for persons with disabilities to enable them to access the hiring process. If you need an accommodation to access the job application or interview process, please contact candidateaccommodations@toasttab.com. ------ For roles in the United States, it is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Responsibilities

The Senior Accounts Payable Specialist will ensure accurate and timely processing of vendor invoices while maintaining strong internal controls. This role involves significant interaction with vendors and internal business partners to support the procure-to-pay process.