Education: Graduate or MBA/Post Graduate Bachelor in commerce
Experience (years): 1) Sr. Executive - Graduate or Postgraduate with 4 to 6 yrs of experience
Working Hours: 8 hours/day
Role Summary:
- The individual will be responsible to ensuring that sensitive financial information is transmitted securely and that transactions are processed accurately.
Qualification Criteria/Work Experience
Essential:
- Have worked in SAP environment having T-code knowledge Experience in shared services / customer facing environment Have fair knowledge of the Procure to Pay Process Understanding of Standard Operating Procedures (SOP/DTP) Good Word, Excel PowerPoint skills Positive verbal and written communication skills VIM-SAP working knowledge will be added advantage Well-in Confidence to handle Multi-Tasking ability and well-verse into it
Overall Project/Task description
- Strong knowledge on SCF, LC, Fund-flow estimation, AP Ageing, Foreign (A1/A2 documentation)
- and Forex Payment
- Review payment terms, prioritise payments and co-ordinate with vendors for prompt resolution of
- payment related issues
- Verify and approve all new requests/changes to the agreed business processes and policies whilst
- maintaining high levels of understanding, quality and accuracy
- Manage the reimbursement process for employees expenses including reviewing expense reports,
- verifying supporting documentation and ensuring compliance with company policies
- Accounts Payable Vendor helpdesk knowledge- Handling Query Management
- Verify payable information in the system highlight any data discrepancy
- Responsible for documenting bounced and fraudulent payments and notifying proper authorities
- as and when such documents are created
- Respond to queries in a timely and accurate manner
- Create data trackers for supporting monitoring activities
- Assist team leader in a timely and appropriate manner with regards to Vendor/Employee Payments and payroll activities
- Accuracy timelines: Ensure 100% accuracy rate in day-to-day activities to ensure TAT/SLA are met Ensure on Validation, reservation and Finalization of due invoices for payment
- Mode of payment knowledge and how it gets execute as per process and vendor requirement
- Ensuring efficient handling of daily business activities and maintaining data integrity.
- GRIR process having end to end P2P knowledge
- Knowledge and co-ordination with Treasury process to sync on payment authorization and execution.
- Employee Salary Disbursement
- Identify opportunities for process improvements within the accounts payable function