Role Summary:
The team member is responsible for executing timely and accurate payments to vendors, employees, and other stakeholders in accordance with company policies and contractual terms
Essential:
Have worked in SAP environment having T-code knowledge
Experience in shared services / customer facing environment
Have fair knowledge of the Procure to Pay Process
Understanding of Standard Operating Procedures (SOP/DTP)
Good Word, Excel & PowerPoint skills
Good verbal and written communication skills
VIM-SAP working knowledge will be added advantage
Well-in Confidence to handle Multi-Tasking ability and well-verse into it
Overall Project/Task description
Strong knowledge on SCF, Fund-flow estimation, AP Ageing, Domestic and Forex Payment
Review payment terms, prioritise payments and co-ordinate with vendors for prompt resolution of payment related issues
Verify and approve all new requests/changes to the agreed business processes and policies whilst maintaining high levels of understanding, quality and accuracy
Manage the reimbursement process for employees’ expenses including reviewing expense reports, verifying supporting documentation and ensuring compliance with company policies
Accounts Payable Vendor helpdesk knowledge- Handling Query Management
Verify payable information in the system & highlight any data discrepancy
Responsible for documenting bounced and fraudulent payments and notifying proper authorities as and when such documents are created
Respond to queries in a timely and accurate manner
Create data trackers for supporting monitoring activities
Assist team leader in a timely and appropriate manner with regards to Vendor/Employee Payments and payroll activities
Accuracy & timelines: Ensure 100% accuracy rate in day-to-day activities to ensure TAT/SLA are met
Ensure on Validation, reservation and Finalization of due invoices for payment
Mode of payment knowledge and how it gets execute as per process and vendor requirement
Ensuring efficient handling of daily business activities and maintaining data integrity.
GRIR process having end to end P2P knowledge
Knowledge and co-ordination with Treasury process to sync on payment authorization and execution.
Identify opportunities for process improvements within the accounts payable function
Good understanding of the different types of invoice processing
Prepare the AP open items status
Good understanding of Sub- ledgers of AP and make sure to take all actions before closing the AP books
Education: Graduate or MBA/Post Graduate bachelor’s in commerce
Location: Mumbai, Airoli & Worli
Working Hours: 8.5 hours/day (UK Shift)
