Execution Senior Analyst, Payments

Location

Pune | India

Job description

• Grade IResponsible for providing elemental procurement, programme and stakeholder management support for the hub or at site, conducting day-to-day (non-category aligned) procurement execution activities under supervision, in order to meet the Service Level Agreements and Operational Level Agreements for procurement operations

Entity: Finance

Job Family Group: Procurement & Supply Chain Management Group

Key Accountabilities and challenges

• Accountable for ensuring accurate and timely recording and payment of all third party supplier invoices while ensuring adherence to policies and procedures in the drive service, operational excellence and compliance.
• Ensure accurate and timely delivery of payment processing services.
• Lead and watch the reconciliation of the relevant systems to ensure they balance and that any discrepancies or variations are investigated and corrected.
• Implement policies with the Balance Sheet Integrity/ Reconciliation standard; accurate and timely reporting to Internal on ledgers for which the team is responsible.
• Work with relevant Internal Control team to keep controls currently owned within the team and facilitate internal and external audit review
• Provide payables related advice and information as and when required.
• Implement standard methodologies for the expense process and identify, propose and implement continuous improvement opportunities in existing processes.
• Regularly lead and resolve pending issues that have been brought up, or further call out to the necessary parties.

Transaction Resolution:

• Review and analyze open items, including invoices, credit memos, and payments, to identify discrepancies and resolve pending issues.
• Investigate root causes of open items and collaborate with internal collaborators to address underlying issues and prevent recurrence.
• Ensure that all transactions are accurately recorded and properly documented in accordance with company policies and accounting standards.

Expectations

• High level of familiarity with the systems used in order to maintain and reconcile the system to ensure it stabilizes accurately.
• Thorough knowledge in payment processing.
• There is a high financial and reputational threats involved in timely and accurate payments processing. Payments reviewed thoroughly to ensure completeness and accuracy.
• Invoices need to be processed and verified in an accurate and timely way within timelines.
• Collaborating closely with vendors and colleagues in different time zones and potentially in different languages requiring meticulous coordination between teams.
• Working hours (ANZ/ASPAC/UK/Europe/US shift) to support Business Partners

Education & Experience

• Any Graduate or equiv in Finance, Accounting
• Experience of 8yrs in general accounting and/ or payables operations

Travel Requirement Negligible travel should be expected with this role

Relocation Assistance: This role is eligible for relocation within country

Skills: Agreements and negotiations, Analytical Thinking, Building sustainability, Business Acumen, Category spend profiling, Category Strategy, Commercial acumen, Communication, Cost modelling, Decision Making, Digital fluency, Market Analysis, Negotiation planning and preparation, Sourcing strategy, Stakeholder Management, Supplier Selection, Sustainability awareness and action, Value creation and management

Job tags

Salary