Skill required: Procure to Pay - Payment Processing Operations

Designation: Procure to Pay Operations Senior Analyst

Qualifications:BCom/MCom

Years of Experience:6 to 9 years

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world's largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com

What would you do The selected persons should be willing to perform such projects / tasks which provides them an overview of the work in the General Accounting services area for Manufacturing business. Identified individuals should understand the client business, technology, process details and procedures. Typically, a resource would assist business units of client in performing and reviewing scheduled payments to various trade vendors related to Manufacturing purchases. This includes verification, reconciliation, accurate pricing and adherence to company policies, especially as they relate to Trade Payables. Trade Payable analysts are expected to support and educate all related departments on any required information needed to improve the flow of the accounts payable process to comply with period close schedules. Procure to Pay is the process of managing the entire purchasing cycle from ordering goods and services to making the final payment. It includes steps like requisitioning, purchasing, receiving, invoicing, and payment processing. The goal is to ensure efficient and accurate procurement and payment activities. This process helps in maintaining good supplier relationships and controlling costs. Effective Procure to Pay systems streamline operations and improve financial management. keyword includes:- (Invoice Processing, PO & Non PO,Vendor Payament,Master Data Managemet, Vendor Management, Accounts Payable) The Trade Payable Analysts supports the company goals by focusing on personal accountability, customer service and work efficiency. Proactively recognize and solve poorly defined problems, maintain an awareness of the client s business. Make payments using checks, wire, swift, direct debits etc. as part of invoice processing cycle. Additionally, execute manual payments and automated payment runs, run potential duplicate payments reports and take appropriate action and execute payment related controls.

What are we looking for

Commerce Graduate with 6 - 9 years of experience in Account Payable area preferably for Manufacturing business
Candidate must possess good written and verbal communication skills, be well organized, detail oriented, and have the ability to perform in a fast-paced changing environment
Experience working with SAP, Salesforce, Service Now preferred
Experience in Indian accounting, Taxation, TDS etc.,
Experience in Trade AP domain, preferably for Manufacturing business
Proven experience of leading operations teams
Detail oriented and able to handle multiple tasks or projects simultaneously.
Should have sound knowledge of PTP processes like Invoice Processing, Payments, Account Payables Reconciliations,
Proven experience in managing clients
Strong verbal and written communication skills
Proficient in driving process transformation actions
Proficient at problem solving and analyzing data
Proficient at Indian Accounting, Taxation, TDS etc. Roles and Responsibilities:
In this role, you are required to fulfil below responsibilities: -
Interaction with key stakeholders regarding invoicing and payment
Reconciliation of vendor statements to invoices in Accounts Payable system
Work with project teams and key internal stakeholders to continue implementation of electronic invoicing and payment process
Research invoices, payments, pricing issues as requested
Follow company and department policies and procedures
Accurate filing to ensure compliance of routine testing and audits
Support team involvement and attend routine team meetings
Review and posting of correction journals (if needed)
Manage team workload allocation and balancing
Perform quality audits
Ensuring compliance on various process requirements, policies, and regulations by enforcing adherence to standard operating procedures and defined controls.
Ability to comprehend basic statistics and terms involved in the day-to-day business and using the same during process discussions.
Constantly be on the lookout for ways to enhance value for your respective stakeholders/clients
Analyze transactions, understand, explain variances, and proactively identify potential problems and recommend solutions.
Answer inbound calls from client stakeholders.
Ensure that the SLAs and Operations metrics are met
Guide, support, and work with other team leaders & team members
Prepare management reports for clients and internal management
Share feedbacks and execute performance management actions
Execution of backup planning for all service delivery actions
Facilitate quality checks for the work performed by the team members
Participation in performance review/governance discussions with client
Managing small / mid-size team (10-15 FTE)