Finance Executive Accounts Payable
Location
Mumbai | India
Job description
About Godrej Consumer Products
Godrej Consumer Products is a leading emerging markets company. As part of the 125-year young Godrej Group, we are fortunate to have a proud legacy built on the strong values of trust, integrity, and respect for others. At the same time, we are growing fast and have exciting, ambitious aspirations.
Today, our Group enjoys the patronage of 1.2 billion consumers globally, across different businesses. We rank among the largest Household Insecticide and Hair Care players in emerging markets. In Household Insecticides, we are the leader in India, the second largest player in Indonesia and are expanding our footprint in Africa. We are the leader in serving the Hair Care needs of women of African descent, the number one player in Hair Colour in India and Sub-Saharan Africa, and among the leading players in Latin America. We rank number two in Soaps in India and are the number one player in Air Fresheners and Wet Tissues in Indonesia.
But for us, it is very important that besides our strong financial performance and innovative, much loved products, we remain a good company. Approximately 23 per cent of the promoter holding in our Group is held in trusts that invest in the environment, health, and education. We are also bringing together our passion and purpose to make a difference through our 'Good &Green' approach to create a more inclusive and greener India.
At the heart of all of this, is our talented team. We take much pride in fostering an inspiring workplace, with an agile and high-performance culture. We are also deeply committed to recognizing and valuing diversity across our teams.
Designation Executive Accounts Payable – Finance
Location Mumbai – Godrej One
Job Purpose Our Finance team partners to drive sustainable, long-term value creation, ensure the continued health of our business, and build the foundation for us to live our purpose, achieve our ambitious growth aspirations, and serve our consumers and communities. From business partnering and accounting to expert services, there's a broad range of roles to explore in what could be your next team. Read about our strategy and plans in our Annual and Integrated Report.
Roles & Responsibilities - Invoice processing
- Review and verify incoming invoices for accuracy, completeness, and adherence to company policies and procedures.
- Ensure that all relevant supporting documentation are attached to invoices.
- Match invoices with corresponding purchase orders and receipts to ensure accuracy.
- Expense management
- Process and review employee expense reports, ensuring accurate documentation, adherence to company policies, and compliance with relevant regulations.
- Verify receipts, invoices, and other supporting documents for accuracy and completeness.
- Identify and rectify discrepancies, errors, or policy violations in expense reports.
- Stay up to date with company travel and expense policies.
- Provide guidance to employees on expense reporting procedures, policy compliance, and best practices.
- Monitor and enforce adherence to company policies to prevent fraudulent or non-compliant expense submissions.
- Data entry and support
- Enter invoice details accurately into the accounting system or invoice processing software.
- Monitor and execute T&E file transfers in system.
- Maintain interface with departmental personnel to provide information to verify or support records and ensure compliance with established policies and procedures.
- Maintain comprehensive and organized records of invoices and related documentation.
- Undertake any other ad-hoc duties assigned and administrative support.
- Discrepancy resolution
- Investigate and resolve any discrepancies or issues related to invoice & T&E processing.
- Communicate effectively with vendors, suppliers, and internal teams to resolve discrepancies promptly.
- Escalate issues to the team leader as appropriate.
- Compliance and reporting
- Ensure compliance with company policies, industry regulations, and legal requirements related to invoice processing.
- Generate regular and ad-hoc reports for management, highlighting invoice status, key performance indicators and invoice processing improvements.
- Generate regular and ad-hoc travel expense reports for management review, highlighting trends and insights.
- Assist with auditor and/or internal stakeholder requests, including providing copies of invoices/expense reports as required and answering related queries as they arise.
- Process improvement
- Continuously identify opportunities to streamline and enhance the invoice processing workflow.
- Propose and support implementation of PTP process improvements to increase efficiency and accuracy.
- Vendor relations
- Develop and maintain positive relationships with vendors and suppliers.
- Address vendor inquiries and concerns professionally and promptly.
Educational Qualification - Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- Relevant certifications or additional qualifications are a plus.
Experience - 2 to 4 years of experience in in invoice processing, accounts payable, or similar roles is required.
- Experience working in a financial shared services environment is preferred but not mandatory.
- Proven track record of process improvement and optimization initiatives within invoice processing or related financial processes will be advantageous.
Skills Technical Skills
- Proficiency in using enterprise-level financial software and systems, such as [SAP S/4HANA, or Microsoft Dynamics].
- Familiarity with automated invoice processing technologies such as OCR, RPA or other tools will be a plus.
- Excellent command of Microsoft Excel, including pivot tables, complex formulas, and data manipulation techniques to facilitate financial analysis and reporting.
- Ability to analyze invoices and financial data to identify discrepancies and irregularities.
- Proficiency in using expense management software or tools for processing and tracking expenses.
- Experience with tools such as Concur, Expensify, AP Console or similar platforms is highly desirable.
- Working knowledge of basic accounting practices, legalities and compliances pertaining to direct and indirect tax regulations in India.
An inclusive Godrej Before you go, there is something important we want to highlight. There is no place for discrimination at Godrej. Diversity is the philosophy of who we are as a company. And has been for over a century. It's not just in our DNA and nice to do. Being more diverse - especially having our team members reflect the diversity of our businesses and communities - helps us innovate better and grow faster. We hope this resonates with you.
We take pride in being an equal opportunities employer. We recognise merit and encourage diversity. We do not tolerate any form of discrimination on the basis of nationality, race, colour, religion, caste, gender identity or expression, sexual orientation, disability, age, or marital status and ensure equal opportunities for all our team members.
If this sounds like a role for you, apply now!
We look forward to meeting you.
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