02 Sep
|
ZEISS Group
|
Bengaluru
02 Sep
ZEISS Group
Bengaluru
ZEISS in India
ZEISS in India is headquartered in Bengaluru and present in the fields of Industrial Quality Solutions, Research Microscopy Solutions, Medical Technology, Vision Care and Sports & Cine Optics.
ZEISS India has 3 production facilities, R&D; center, Global IT services and about 40 Sales & Service offices in almost all Tier I and Tier II cities in India. With 2200+ employees and continued investments over 25 years in India, ZEISS’ success story in India is continuing at a rapid pace.
Further information at ZEISS India.
Purpose of the Role The Analyst owns the end-to-end execution of ZEISS India's international vendor payments and intercompany settlements: from invoice validation and tax/regulatory clearance through banking execution, reconciliation and closure of regulatory reporting. Beyond flawless execution, the role is expected to benchmark ZEISS India's cross-border payment process against world-class practice and drive measurable improvement in cycle time, straight-through processing, cost per transaction and compliance robustness.
This is a hands-on role with a visible improvement mandate. The successful candidate will spend roughly 60–65% of their time on disciplined transaction execution and control, and 35–40% on process improvement, automation, stakeholder alignment and compliance strengthening. 3. Key Responsibilities 3.1 International (Cross-Border) Vendor Payment Processing • Execute the full cycle of foreign currency payments to global vendors — import of goods, import of services, royalties, licence fees, qualified and technical fees, reimbursements, freight and logistics, and advance remittances. • Validate invoices against purchase orders, goods receipts and service entry sheets (three-way / two-way match), including verification of Incoterms, currency, payment terms, bank details and supporting documentation (Bill of Entry, Bill of Lading, contracts, SOWs, tax residency certificates, Form 10F, No-PE declarations). Page 1 ZEISS India —
📌 Accounts Payable Specialist (Bengaluru)
🏢 ZEISS Group
📍 Bengaluru