- Key Responsibilities

- Process inventory and Purchase Order (PO) invoices accurately within agreed service levels.

- Perform three-way matching of Purchase Orders, Goods Receipts and Supplier Invoices.

- Review invoices for completeness, approvals, pricing, tax treatment, coding and policy compliance.

- Process invoices through ERP and OCR platforms while ensuring data accuracy and workflow completion.

- Investigate and resolve purchase order, pricing, quantity and receipt discrepancies with Procurement, Receiving, Supply Chain and Business Units.

- Prioritize urgent invoices to support uninterrupted business operations and supplier commitments.

- Monitor blocked invoices and drive timely resolution to maintain payment performance.

- Support recurring invoice processing and scheduled payment activities where applicable.

- Reconcile vendor statements and resolve outstanding supplier issues.

- Maintain complete documentation supporting invoice approvals, exceptions and payment processing.

- Ensure compliance with internal controls, delegated authority limits and company accounting policies.

- Support month-end close activities including accruals, GR/IR reconciliations and AP reporting where applicable.

- Assist internal and external auditors by providing documentation and transaction support.

- Maintain standard operating procedures, work instructions and process documentation.

- Identify opportunities for automation, standardization and continuous improvement across the Procure-to-Pay process.

- Support migration of new entities and business units into the Global Shared Services Centre.

- Cross-train with other AP team members to ensure operational continuity.

- Deliver responsive,



skilled customer service to internal stakeholders and suppliers.

- Perform additional Accounts Payable and Finance responsibilities assigned by management.

- KPIs: Three-Way Match Rate, Blocked Invoice Resolution, GR/IR Exception Aging, SLA Compliance.

- Digital: ERP, OCR solutions, Power BI exposure preferred.

- Process Excellence: Lead initiatives to improve PO invoice processing efficiency.

- Global: Partner with Procurement and Finance teams supporting multiple global entities.

- Controls: SOX controls, procurement compliance and SoD requirements.

- Analytics: Analyze PO exception trends and identify root causes for recurring mismatches.

- Career: Participate in global process optimization and ERP transformation initiatives.

Knowledge, Skills & Competencies

- Good understanding of General Ledger accounting and Record-to-Report (R2R) processes.

- Knowledge of journal entries, accruals, prepayments, intercompany accounting, balance sheet reconciliations and period-end close activities.

- Understanding of Generally Accepted Accounting Principles (GAAP) and/or IFRS.

- Strong analytical, organizational and problem-solving skills.

- Excellent attention to detail and financial accuracy.

- Strong customer service and stakeholder management skills.

- Effective verbal and written communication.





- Ability to manage priorities and meet reporting deadlines in a fast-paced global environment.

- Advanced proficiency in Microsoft Excel for financial analysis, reconciliations and reporting.

- Experience with ERP platforms such as Microsoft Dynamics, SAP, Oracle or equivalent preferred.

- Exposure to financial close management, reconciliation automation or journal workflow solutions is advantageous.

- Exposure to Power BI or similar reporting tools is advantageous.

- Knowledge of SOX controls, Segregation of Duties (SoD), financial risk management and internal control frameworks.

- Understanding of information security, data privacy, records management and confidentiality requirements applicable to financial information.

- Ability to analyze financial trends, investigate reconciliation exceptions and recommend process improvements using data-driven insights.

- Ability to work collaboratively across global teams while maintaining confidentiality and professional integrity.

Education & Experience

- Bachelor's Degree in Commerce, Accounting, Finance or Business Administration preferred.

- Professional qualification such as CA, CMA, ACCA or equivalent, or progression toward one, is desirable.

- Minimum 3–10 years of General Ledger, Financial Accounting or Record-to-Report experience.

- Experience in a multinational organization or Global Shared Services environment preferred.

- Experience supporting ERP-enabled financial close and reconciliation processes.

- Experience supporting multiple legal entities and global reporting requirements is advantageous.

- Manufacturing or industrial industry experience is advantageous.

📌 Accounts Payable Associate (Mumbai)
🏢 Summit Consulting Services
📍 Mumbai