Procure-to-Pay (PTP)Associate

Teamware Solutions

5 - 10 years

3 - 12 Lacs

hyderabad telangana india

Posted:1 day ago| Platform: Foundit logo

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Skills Required

accounts payable procurement vendor management invoice processing process improvement

Work Mode

On-site

Job Type

Full Time

Job Description

The Procure-to-Pay (P2P) team manages end-to-end P2P operations with accuracy, compliance, and efficiency, primarily using Oracle Fusion. The Manager focuses on governance, controls, and process improvement, while the Sr. Associate handles day-to-day operations, documentation, and issue resolution.

Key Responsibilities:

End-to-End P2P Operations:
Execute full lifecycle from requisition and PO creation to invoice processing and vendor payments; validate invoices, ensure 2-way/3-way PO matching; reconcile open payables; manage vendor master data and onboarding verification.
Oracle Fusion Expertise:
Operate invoice workflows, PO management, payment runs; generate reports; support troubleshooting and compliance checks.
Compliance, Controls & Audit:
Ensure adherence to policies and financial controls; support internal/external audits; maintain confidentiality of vendor financial information.
Documentation & Transition:
Create and maintain SOPs and DTPs; support process transition and knowledge transfer sessions.
Issue Resolution & Coordination:
Act as point-of-contact for vendor/internal escalations; collaborate with procurement, finance, and vendor teams; escalate issues promptly.
Process Excellence & Improvement:
Identify automation and cycle-time improvement opportunities; participate in RCA discussions and align with best practices.

Required Skills & Competencies:

Strong hands-on experience with Oracle Fusion (P2P/AP modules)
Deep understanding of Accounts Payable, procurement, GR/IR, and vendor management
Excellent documentation skills (SOPs/DTPs)
Problem-solving, data validation, and escalation handling
Strong stakeholder communication and coordination skills

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Teamware Solutions

IT Services and IT Consulting

Chennai Tamilnadu

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Procure-to-Pay (PTP)Associate