Procure To Pay Operations Associate

Skill required: Procure to Pay - Account Reconciliations

Designation: Procure to Pay Operations Associate

Qualifications:BCom

Years of Experience:1 to 3 years

What would you do To be responsible for the knowledge transfer in the areas of Systems, applications and activities that follow Payments and Payment run process. Responsible for documentation and changes thereof. Ensure that the necessary guidelines are complied with and necessary documents are maintained as applicable for all day-to-day processes.Play a key role in the team, being the link between the team and TL and ensure that adequate process knowledge is developed and be the first point of contact for all members. Act as a back for the TL.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.A type of general ledger account which contains a summary of sub-ledger accounts. Because the reconciliation account only provides a summary, no transactions are directly posted to the account.

What are we looking for Prepare and review payment proposals.Process urgent/manual payments after required approvals.Reconcile vendor balances post payment runs.Support payment preparation and validation under supervision.Verify bank details, vendor master accuracy, and ensure approvals are in place.Review and authorize payment batches per approval hierarchy.Coordinate with Treasury and Procurement for funding and cash flow alignment.1- 3 years of experienceBachelors / Masters degree in Commerce, Finance, Accounting.Working knowledge of accounting and P2P cyclesFlexible to work in shiftsKnowledge of SAP, Oracle and High radius is an added advantageExcellent communication skills, verbal and writtenStrong interpersonal and problem-solving abilities.Customer-oriented mindset with empathy and patience.Proficiency in MS Office (Excel, Outlook, Word).Ability to multitask and manage time efficiently.Analytical thinking and attention to detail
Roles and Responsibilities: In this role you are required to solve routine problems, largely through precedent and referral to general guidelinesYour expected interactions are within your own team and direct supervisorYou will be provided detailed to moderate level of instruction on daily work tasks and detailed instruction on new assignmentsThe decisions that you make would impact your own workYou will be an individual contributor as a part of a team, with a predetermined, focused scope of workPlease note that this role may require you to work in rotational shifts
QualificationBCom