Process Specialist- Accounts Payable
Job Description
Role Requirement/Skills
- Commerce Graduate/ MBA or equivalent degree in finance or accounting.
- 5+ years of relevant working experience in invoicing or similar roles in multinational organisation. Exposure to Indian accounting is preferred.
- Proven experience managing Direct Debit/GIRO transactions, Down Payments, Advance Payments, and Intercompany GR/IR reconciliation.
- Strong track record in handling and resolving complex AP queries.
- In-depth knowledge of AP systems and processes, including VIM, Coupa, and ERP systems.
- Knowledge of Indian Indirect taxes- GST, WHT etc.
- Be meticulous, structured, detail oriented and have a flexible approach.
- Demonstrate initiative and a constant process improvement mindset.
- High attention to detail and a commitment to accuracy.
Responsibilities
- Oversee the VIM invoice processing workflow, ensuring accurate and timely management of invoices.
- Troubleshoot and resolve issues related to VIM processing, providing guidance and support to the AP team.
- Manage Non-PO invoice processing to ensure all invoices are captured, matched, approved, and paid within agreed timelines.
- Collaborate with procurement and other relevant teams to address and resolve issues efficiently.
- Prepare, review, and approve payment proposals, ensuring compliance with financial controls and company policies.
- Coordinate and execute timely payment runs, including managing Direct Debit/GIRO payments.
- Lead the month-end closing process for accounts payable, ensuring all transactions are accurately recorded and reconciled.
- Oversee the management of Direct Debit and GIRO payments, ensuring accurate processing and compliance with banking regulations.
- Manage the processing, monitoring, and clearing of down payments and advance payments.
- Ensure all down payments and advances are properly documented, approved, and reflected accurately in the financial statements.
- Serve as the primary escalation point for complex accounts payable queries, providing resolutions and ensuring high levels of customer satisfaction.
- Ensure that all AP processes comply with internal controls and external regulatory requirements.
Job Category
Finance
Posting Date
30 Apr 2025; 00:04