Job Description

Position in detail

• To process Vendor & Employee payments in SAP after performing the due diligence as per the AP guidelines.

• The candidate will oversee weekly payment run F110 for assigned entities, Indian Accounting is must.

• The individual must be well versed with Forex payment A1 & A2 Payment, custom duty payment and should understand about the upload functionality in bank portals for online payments.

• The candidate will be responsible for payment generation, getting authorization & transmitting files to bank for processing.

This includes maintaining bank correspondences and payment files and following up with banks to ensure that disbursements are successfully made.

• Working with Controlling team to clear the bank open reconciliation items before the month end closing.

• The candidate should be well versed in Bank Account Reconciliation, Cash Forecast and Cash Actuals.  

• Help Treasury by Timely communicating on the funding requirement.

• Auditing of high value invoices before the payment run is a must.

• The candidate will be responsible for minimizing the payment rejections to zero by aligning with Supplier Onboarding team & IT.

• Liaising with Travel & Expense Team to ensure all the employee reimbursement gets paid successfully.

• Co-ordinating with AP internal processing Team to clear the open payment entries and request cancellation of unwanted invoices from the Vendor Account.

• Driving disbursement related process improvement. Any other ad-hoc tasks/projects assigned by the Manager.

Requirement

• Candidates should possess a bachelor/master’s degree in accounting

• Minimum of 3 to 5 years’ experience in Accounts Payable Process

• Experience in Finance Shared Service Center is preferable

• Experience in SAP FICO is mandatory

• Strong attention to details and focus on accuracy 

• Ability to work independently 

• Good communication skills 

Proficiency in Microsoft Office applications Excel, Word, PowerPoint 

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