Procure To Pay Operations Analyst

Job Description

Skill required: Procure to Pay - Payment Processing Operations Designation: Procure to Pay Operations Analyst Qualifications: BBA/BCom/MCom Years of Experience: 3 to 5 years About Accenture Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song all powered by the worlds largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. Visit us at www.accenture.com What would you do Responsibilities may include, but are not limited to:Process outgoing payments as per the agreed calendar in compliance with financial policies and procedures accuracy and efficiencyPerform payment parameters audit as and when requiredAdhere to Bank cut off time for all the paymentsNeed to analyze transactions to detect and prevent fraudulent activities to minimize financial losses and ensure the security of the payment systems.Should have knowledge on duplicate audit (will be an asset)Ensure customer support tickets are managed effectively in a timely manner before payment run.Monitoring of aged blocks and payment rejectionsDirect debit Reconciliation Reviewing of high dollar value invoices and seek the approval from internal stake holdersManage exception and provide guidance in understanding accounting transactionsContinuously monitor, recommend and implement process improvement initiatives to increases effectiveness and productivity of department.boosting vendor compliance, cutting savings erosion, improving discount capture using preferred suppliers, and in confirming pricing and terms prior to payment. Responsible for accounting of goods and services, through requisitioning, purchasing and receiving. Also look after order sequence of procurement and financial process end to end. The Accounts Payable Processing team focuses on designing, implementing, managing and supporting accounts payable activities by applying the relevant processes, policies and applications. The team is responsible for timely and accurate billing and processing of invoices, managing purchase and non-purchase orders and two-way and three-way matching of invoices.The Payment Processing Operations team is responsible for making payments using checks, wire, swift, direct debits, etc. as part of the invoice processing cycle. The team also executes manual payments and automated payment runs, run potential duplicate payments reports and take appropriate action, and execute payment-related controls. The role requires a good understanding of vendor payments, Travel and Expense (T&E) payments, and taxation. What are we looking for Payment Processing ExperinceAdaptable and flexibleStrong analytical skillsWritten and verbal communicationThe candidates should possess the following skills:Knowledge of accounts payable procedures and disbursements best practicesAbility to analyze processes, develop efficiencies and initiate constructive solutions.Strong English oral and written communication skills.Demonstrate a new approach to solving an issue(s) and implementing new processes.Ability to converse comfortably with business partners.Ability to work independently and as a part of a team.Ability to prioritize work so all target dates are achieved, and to coordinate and control multiple tasks.Advanced experience with spreadsheet applications, word documents and email (office suite).Previous experience in SAP be considered an asset.Time management skills with keen attention to detail and commitments to excellence.Be flexible and able to adapt to change in a positive manner.SAP FI Accounts Payable Roles and Responsibilities: In this role you are required to do analysis and solving of lower-complexity problems Your day to day interaction is with peers within Accenture before updating supervisors In this role you may have limited exposure with clients and/or Accenture management You will be given moderate level instruction on daily work tasks and detailed instructions on new assignments The decisions you make impact your own work and may impact the work of others You will be an individual contributor as a part of a team, with a focused scope of work Please note that this role may require you to work in rotational shifts Qualification BBA,BCom,MCom