Accounts Payable Associate - Level II

DESCRIPTION

Key Responsibilities:

• Invoice Processing: Administer and set up invoices for payment, including preparing and processing accounts payable checks, wire transfers, and payments.
• Vendor Management: Address basic vendor inquiries, reconcile vendor statements, and resolve invoice discrepancies.
• Account Analysis: Prepare account analyses and participate in month-end closing activities.
• Process Improvement: Contribute to projects aimed at enhancing Accounts Payable processes and perform other related duties as assigned.
• Experience in global Procure to Pay process, Grant of Authority, Invoice dispute resolution and identifies training and development needs, and establishes performance standards for the function
• Identify, analyze process GAPs and drive standardization / simplification of AP process.
• Ready to take call with the stakeholders.
• He/She has to liaise with the VM/Payment team to release hold/payment of the invoices.

• Action Oriented: Demonstrates urgency, high energy, and enthusiasm when tackling new challenges.
• Collaborates: Works effectively with others to meet shared goals and build strong partnerships.
• Communicates Effectively: Delivers clear, multi-mode communications tailored to diverse audiences.
• Customer Focus: Builds strong customer relationships and provides customer-centric solutions.
• Drives Results: Achieves results consistently, even under challenging circumstances.
• Nimble Learning: Learns actively through experimentation and adapts based on experiences.
• Values Differences: Appreciates and leverages diverse perspectives and cultures.
• Business Partnering: Develops partnerships to drive performance aligned with organizational goals, influencing decisions and mitigating risks.
• Financial Internal Controls: Assesses and develops plans to strengthen internal controls, responding to financial reporting risks and changing business needs.
• Education, Licenses, Certifications: Minimum Bachelor's degree in Commerce (B.Com); candidates with an MBA will be given preference.
• Experience: 4-6 years of relevant work experience in Accounts Payable or a similar role, with specialized skills obtained through education, training, or on-the-job experience.

• Shared Services Experience: Preferred experience in a captive shared services environment, ensuring adherence to KPIs and SLAs.
• Procure to Pay (P2P) Process: Experience with global Procure to Pay processes, Grant of Authority, and invoice dispute resolution.
• Process Improvement: Ability to identify and analyze process gaps, drive standardization, and simplify Accounts Payable processes within a Global Capability Center (GCC).
• Taxation and Multi-Currency: Basic understanding of indirect taxation related to Accounts Payable and handling multi-currency invoices.
• Helpdesk Experience: Hands-on experience with helpdesk operations.
• Comprehensive P2P Knowledge: Thorough understanding of the Procure to Pay lifecycle.