06 Sep
|
Zeiss
|
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, skilled 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 Ind
📌 Accounts Payable Specialist (Bengaluru)
🏢 Zeiss
📍 Bengaluru