Role Purpose
The Invoice Processing executive will be responsible for the accurate and timely processing of supplier invoices received through digital and manual channels. The role will focus on invoice validation, matching, approvals, discrepancy resolution, tracking and ensuring invoices are processed within defined SLAs to support timely supplier payments.
Key Responsibilities
• Receive, review and process supplier invoices received through digital channels.
• Validate invoices against Purchase Orders (POs), contracts, SOWs, receipts, cost centers, GL codes and applicable approval requirements.
• Perform 2-way / 3-way matching, where applicable, and identify mismatches or missing information.
• Check invoices for accuracy, completeness, duplicate submissions, tax details, payment terms and required supporting documentation.
• Route invoices to the appropriate business owner, budget owner or Finance approver based on the defined approval matrix.
• Follow up with stakeholders on pending approvals, missing information and invoice discrepancies.
• Coordinate with suppliers to resolve issues related to PO numbers, pricing, quantities, taxes, payment terms and invoice documentation.
• Process invoices covering multiple cost centers, legal entities and business functions, ensuring appropriate approvals are obtained.
• Monitor invoice queues and ensure invoices are processed within agreed SLA / turnaround time (TAT).
• Track pending, rejected and blocked invoices and proactively follow up to minimize invoice aging and payment delays.
• Maintain accurate invoice records and ensure all required documentation and approval trails are available for audit purposes.
• Support month-end and year-end activities by monitoring open invoices, pending approvals and outstanding items.
• Prepare routine reports on invoice volumes, pending invoices, aging, rejections and SLA performance.
• Respond to basic supplier and stakeholder queries related to invoice status and processing.
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📌 Invoice Processing Executive (Thane)
🏢 Revvity
📍 Thane