Sr Accounts Payable Analyst

Job Summary: The Accounts Payable Specialist is responsible for managing the company's accounts payable processes, ensuring timely and accurate processing of accounting related activities. This role involves accounting & audit related activities in this domain ensuring compliance with company policies and regulations and contributing to the overall efficiency of the finance department. This position will be based out of UKG Noida office in India and will report to the Manager of Accounts Payable who is based out of UKG Noida office in India. Further, this position will operate during 11:30am IST to 8:30pm IST. Policy Compliance, Train Internal & External Customers: Work with the business to identify their needs and requirements Ensure that Accounts Payable policies and procedures are created, communicated, maintained and monitored within the organization and with external vendors Build strong internal/external and cross-functional business relationships Respond to vendor inquiries and resolve invoice discrepancies in a timely manner Key Responsibilities: Execute Accounting Activities: Pre-Month End workings, APSL close, Posting Manual Journals within timelines as per the company policies with accuracy Payment Processing: Prepare and execute payment runs, including checks, ACH, and wire transfers, while ensuring timely payments to vendors. Vendor Management: Maintain positive relationships with vendors, addressing inquiries and resolving discrepancies in a timely manner. Audit Support: Assist in internal and external audits by providing necessary documentation and explanations related to accounts payable transactions. Ensure first time responses and support in preparation for various global audits. Proactive communication on any anticipated audit observations. Reconciliation: Perform monthly reconciliations of accounts payable ledgers and vendor statements to ensure accuracy and completeness within timelines Reporting: Generate and analyse accounts payable reports, providing insights to management regarding outstanding liabilities & pending accountings Process Improvement: Identify opportunities for process improvements within the accounts payable function to enhance efficiency and accuracy & ensure its practices. Collaboration: Work closely with other departments, including procurement and finance, to ensure seamless operations and communication. Mentorship: Support the team members and guide on the process questions to enhance learnings Process Documentations: Create/update Process documentation/SOP creation as and when required Qualifications: 5-8 years of work experience Advanced working knowledge of Microsoft Excel is a must Experience in Analysing data, identifying trends and Suggesting solutions which lead to process efficiency Bachelor's degree in Accounting or Business Ability to embrace technology and change management Technical Skills MS Office, creating & delivering business presentations etc. Capable to function professionally and maturely in a fast paced highly interactive work environment Strong people and customer service skills, advocate positive working relationships among internal and external customers Good project management skills and proven influencing skills with peers and senior management Well-organized, extreme attention to detail and a self-directed individual Working knowledge of Global Tax nuances will be a plus Reporting experience of basic AP KPIs Experience of change management like process transition/ Policy changes/ERP transition management will be a value add