Executive - Procure to Pay (P2P)

Ø Major Responsibilities

• Should have expertise in vendor invoice processing, procurement, and T&E
• Experience in handling Payment process.
• Manage AP Mailboxes and ensure timely response of vendor or internal queries.
• Resolve queries from internal and external stakeholders related to invoice and payment status.
• Analyse POs to resolve tax, accounting, and other discrepancies.
• Support month-end activities including accruals and reconciliations.
• Conduct reconciliation of accounts to avoid duplicate/overpayment situations.
• Support internal & External audit process.
• Work with other departments to obtain appropriate approval to payments.
• Experience of Vendor master creation, changes, verification and cleansing.
• Perform root cause analysis related to invoice discrepancies and work with buyers, vendors and the Procurement Dept. via email and telephone to resolve them.
• Prepare and issue detailed, accurate purchase orders in compliance with company standards and policy.
• Support in activities such as ERP setup and UAT for new entities

Ø Qualification:          

• Commerce or Finance Graduate from a recognised University (B.Com/MBA)

Ø Experience: 

• 6+ years of overall experience in Accounts Payable process
• Good Understanding of accounting theory and strong knowledge of basics of accounting
• Experience and in depth understanding of P2P, T&E processes in ERP Systems; Knowledge of procurement system is added advantage.
• Have proficient knowledge of commonly used accounts payable concepts, practices, and procedures
• Have worked on Accounts payable process for European regions; experience in Shared Service Centre or BPO for International companies is a must