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- This role will be a part of that recent company. Would you like to join us, and move people further?

Sr. Accountant P2P (CMA) - SKF Automotive Business**

Purpose of the role : The Procure-to-Pay (P2P) Contract Manufacturing Accounting professional will be responsible for managing end-to-end accounting and transactional activities related to contract manufacturing operations. This role ensures accurate processing of procurement transactions, inventory accounting, vendor settlements, GR/IR reconciliation, accrual management, and compliance with company policies and accounting standards.

Key responsibilities (or What you can expect in the role)

P2P Operations

- Manage end-to-end Procure-to-Pay activities for Contract Manufacturing operations.
- Process and validate supplier invoices related to raw materials, packaging materials, tolling fees, and manufacturing services.
- Ensure timely invoice matching (2-way/3-way matching) and payment processing.
- Resolve invoice discrepancies and vendor queries & Knowledge of GST, TDS & IDPMS

Month-End Close Activities

- Prepare and post accruals, provisions, and journal entries.
- Perform GR/IR reconciliation and clearing & monthly balance sheet schedules
- Support month-end, quarter-end, and year-end close processes .

Vendor & Stakeholder Management

- Coordinate with counterparts/O2C, suppliers, procurement teams, and internal stakeholders.
- Resolve payment disputes and invoice exceptions.
- Ensure adherence to vendor payment terms and corporate compliance policies.





Controls & Compliance

- Ensure compliance with SOX/internal controls and accounting policies.
- Support internal and external audits.
- Maintain proper documentation and audit trails.
- Drive process improvements and automation initiatives.

Reporting & Analytics

- Prepare operational and financial reports related to:

- Open PO analysis & aged GR/IR

- Monthly MIS

- Identify process bottlenecks and recommend corrective actions

Key Competencies

- Analytical thinking
- Problem-solving skills
- Stakeholder management
- Attention to detail
- Strong communication skills
- Team collaboration

Key Performance Indicators (KPIs)

- Invoice processing accuracy
- On-time payment performance
- GR/IR ageing reduction
- Month-end close timeliness

Requirements (or We expect you to have/be)

- Bachelor’s degree in commerce, Accounting, Finance, or Business Administration
- SAP (ECC/S4HANA), Microsoft Office, Power BI
- 5+ years of experience in P2P, Inventory Accounting, Manufacturing Accounting, or Shared Services
- Experience supporting Contract Manufacturing/Toll Manufacturing operations preferred
- Working knowledge of inventory accounting and cost accounting concepts.

If you want to go further

If you want to know more about SKF Automotive business, please visit our webpage.

SKF Automotive: Bearings & aftermarket solutions since 1907

Transparency and fairness matter to us

- Come as you are - just be yourself. #weareSKF_

📌 Senior Accountant-p (Cma) (Pune)
🏢 SKF Vertevo
📍 Pune