Payable Manager

Job Title: Manager- Payables/ Expenses

Location: New Delhi, India
Reporting To: CFO

Nature Morte Manifesto: We expect prospective employees to abide by the NM Manifesto of Integrity, Accountability and Transparency. These are our non-negotiables and serves as a prerequisite for a successful career at Nature Morte.

Integrity: Our true north. We value honesty, dedication, and a consistent commitment to our core values.

Accountability: We act consistently across situations and people. Nothing is not my work and we go above and beyond to ensure quality and impact

Transparency: We communicate transparently, especially when stakes are high and act consistently across situations and people

Role Summary

We are seeking a detail-oriented and commercially strong Manager Expenses to manage and oversee all expense-related accounting and operations. This role will lead a team of executives and ensure accurate recording, classification, compliance, and reconciliation of all expense categories, including artist-related and operational/vendor expenses across domestic and international transactions.

Key Responsibility Areas

1. Expense Management & Oversight

• Lead and supervise executives handling end-to-end expense accounting.
• Manage and track all categories of expenses, including:
• Artist expenses
• Capital expenditures (CapEx)
• Recurring operational expenses
• Vendor-related expenses (mapped to cost centers such as artist, marketing, or
• other functions)
• Ensure proper classification and allocation of all expenses.

2. Cost Center Accounting (Critical Responsibility)

• Ensure all expenses are accurately recorded in Tally with correct cost center
• allocations.
• Maintain discipline in cost center mapping across departments (artist, marketing,
• capital, etc.).
• Monitor and review entries to ensure consistency and accuracy.

3. MIS & Commercial Analysis

• Prepare and manage expense MIS reports.
• Provide insights into cost trends, variances, and budget vs. actuals.
• Support management with commercial analysis and cost optimization inputs.

4. Compliance & Taxation

• Ensure compliance with all applicable regulations, including: GST, TDS, Other statutory requirements, Validate tax applicability on different expense categories and vendor payments.
• Ensure proper documentation and audit readiness.

5. Domestic & International Vendor Payments

• Manage payments for both Indian and international vendors.
• Understand and execute:
• International payment structures
• Applicable tax implications (cross-border transactions)
• Coordinate with banking channels for smooth execution of:
• Local payments
• Cross-border remittances

6. Banking & Financial Operations

• Handle and oversee banking processes for expense payments.
• Ensure timely and accurate processing of payments.
• Work closely with banking partners for international and domestic transactions.

7. Reconciliation & Controls

• Perform and oversee expense reconciliations, including:
• Vendor reconciliations
• Ledger reconciliations
• Ensure accuracy between booked expenses and actual payments.
• Strengthen internal controls to avoid discrepancies and delays.

8. Stakeholder Coordination

• Work closely with:
• Internal teams (operations, marketing, artist management, etc.)
• Vendors (domestic & international)
• Finance and audit teams
• Ensure smooth communication and resolution of discrepancies.

Goals of the roles:

• Accuracy of cost center allocation
• Timeliness and accuracy of expense bookings
• Efficiency in vendor payment processing
• Quality and timeliness of MIS reporting
• Accuracy of reconciliations
• Compliance with tax and regulatory requirements