Procure To Pay Operations Analyst

Skill required: Procure to Pay - Accounts Payable Processing

Designation: Procure to Pay Operations Analyst

Qualifications:BCom

Years of Experience:3 - 5 Years
Language - Ability:English - Elementary
About AccentureCombining 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 "You will be aligned with our Finance Operations vertical and will be helping us in determining financial outcomes by collecting operational data/reports, whilst conducting analysis and reconciling transactions.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 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."

What are we looking for "Bachelor s degree in accounting, finance, or equivalent practical experience 10- 15 years of experience with public accounting and/or industry CPA, CA, or other professional accounting accreditation with a focus on strategic initiatives and process excellence, a proven track record of leading teams and driving operational excellence, a strong understanding of P2P processes, proficiency in ERP systems like SAP or Oracle, excellent analytical, problem-solving, and decision-making skills, strong leadership, communication, and interpersonal skills, 1 and the ability to work with different teams and able to drive outcomes DomainExcellent communicationStakeholder ManagementCollaboration with various teams"
Roles and Responsibilities: "Strategic LeadershipDevelop and execute a comprehensive S2P strategy aligned with Accenture s overall business objectives.Become part high-performing team, fostering a culture of innovation and continuous improvement.Collaborate with cross-functional teams to identify and implement transformational process improvements.Conduct regular reviews of the S2P function to identify opportunities for optimization and cost reduction.Process ExcellenceStreamline and automate S2P processes, including supplier onboarding, purchase order generation, invoice processing, and payment.Implement robust controls and compliance measures to mitigate risks and ensure accuracy.Leverage advanced technologies such as AI and machine learning to drive efficiency and reduce costs.Develop and implement key performance indicators (KPIs) to measure the effectiveness of P2P processes.Cost OptimizationAnalyze spend data to identify opportunities for significant cost savings and optimization.Implement cost-saving initiatives, such as supplier consolidation, contract renegotiation, and volume discounts.Monitor and control procurement spend to ensure adherence to budgets and forecasts.Risk ManagementIdentify and mitigate S2P risks, including supplier performance issues, fraud, and compliance breaches.Develop and implement robust contingency plans to minimize the impact of potential disruptions.Conduct regular risk assessments to identify emerging risks and take proactive measures to address them.Reporting and AnalyticsGenerate actionable insights through regular reports on S2P performance, key metrics, and cost savings.Utilize data analytics to identify trends and opportunities for transformational improvement.Develop and implement a robust reporting framework to provide visibility into P2P performance."
Qualification
BCom