Summary:
We are looking for a detail-oriented and customer-focused Analyst – Accounts Payable to join our Finance Shared Services team in Bangalore. The Analyst will be responsible for the timely and accurate processing of vendor invoices, resolving invoice and payment-related issues, maintaining vendor relationships, and ensuring compliance with company policies and internal controls.
The ideal candidate will have experience in end-to-end Accounts Payable operations, robust analytical skills, and the ability to work effectively in a fast-paced, global environment.
Responsibilities Include:
- Ensure timely and accurate posting of invoices and other invoice processing-related functions, including:
- Process vendor invoices accurately and within agreed service level agreements (SLAs)
- Verify invoices against Purchase Orders (POs), contracts, and supporting documentation.
- Review invoices for compliance with company policies, tax regulations, and internal controls.
- Ensure invoice approvals are in accordance with the company's Delegation of Authority (DOA).
- Investigate and resolve invoice discrepancies, blocked invoices, and payment issues by collaborating with internal stakeholders and vendors.
- Process prepayments, advance payments, progress payments, and other AP-related transactions.
- Monitor and reconcile GR/IR accounts to ensure timely resolution of outstanding items.
- Perform vendor statement reconciliations and resolve discrepancies through root cause analysis.
- Support month-end and year-end closing activities related to Accounts Payable.
- Create and maintain Standard Operating Procedures (SOPs) for AP activities.
- Maintain professional and effective communication with vendors and internal customers to support timely issue resolution and smooth operations:
- Serve as the primary point of contact for vendor payment and invoice-related inquiries.
- Build and maintain effective working relationships with vendors a