Senior Officer - Finance

As an Invoice to Payment Process executive, Candidate will be responsible for managing the end-to-end process of invoice processing and accounting execution.

Responsibilities

1. Invoice Receipt and Validation:

- Receive invoices from vendors and internal departments.

- Verify the accuracy and completeness of invoices against purchase orders, contracts, and other relevant documentation.

- Ensure adherence to company policies and procedures and resolve discrepancies as needed.

- Collaborate with procurement and other departments to resolve any issues related to invoice validation.

- Ensure compliance with respect to GST and TDS as applicable.

2. Invoice Processing and Approval Workflow:

- Enter validated invoices into the accounting system accurately and timely

- Initiate and manage the approval workflow for invoices, ensuring proper authorization according to company policies.

- Monitor and track the progress of invoices through the approval process and follow up on pending approvals.

3. Process Improvement:

-Identify opportunities to streamline and automate invoice-to-payment processes.

- Propose and implement process improvements to enhance efficiency, accuracy, and controls.

- Collaborate with cross-functional teams to drive continuous improvement initiatives.

Qualifications

- Bachelor's degree in commerce, Finance, Business Administration, or related field.

- Proven experience of 2 to 3 years in invoice processing, payment processing and vendor management.

- Strong understanding of accounting principles and practices.

- Familiarity with ERP systems and accounting software (e.g., SAP, Oracle).

- Excellent attention to detail and accuracy.

- Strong analytical and problem-solving skills.

- Effective communication and interpersonal skills.

- Ability to work independently and collaboratively in a fast-paced environment.

- Proactive mindset with a continuous improvement orientation.

- Data analysis and presentation working experience is MS Excel, Power point & Power BI.