Procure To Pay Operations Associate

Skill required: Procure to Pay - Payment Processing Operations

Designation: Procure to Pay Operations Associate

Qualifications: BCom

Years of Experience: 1 to 3 years

What would you do
You will be aligned with our Finance Operations vertical and will be helping us in determining financial outcomes by collecting operational data/reports, whilst conducting analysis and reconciling transactions.
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")
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
Education- BCOM or Commerce / Finance graduate
ERP / any certification required - SAP / Oracle / SAP S/4HANA, Ariba, ServiceNow, OCR tools
Commerce graduate with 1+ years of experience in Accounts Payable / Procure to Pay process
Knowledge of PO and Non-PO invoice processing, invoice validation and coding
Knowledge of 2-way / 3-way matching, supplier query handling and vendor statement reconciliations
Basic understanding of payment processing, payment terms, discounts and TE claims processing
Good Excel skills, data analysis and reporting exposure
Positive attitude and effective communication skills

Strong Accounts Payable / PTP process knowledge
ERP exposure: SAP / Oracle / SAP S/4HANA
Ariba, ServiceNow, OCR / invoice automation tool exposure
Month-end close and accrual posting exposure

Roles and Responsibilities:

In this role you are required to solve routine problems, largely through precedent and referral to general guidelines

Your expected interactions are within your own team and direct supervisor

You will be provided detailed to moderate level of instruction on daily work tasks and detailed instruction on new assignments

The decisions that you make would impact your own work

You will be an individual contributor as a part of a team, with a predetermined, focused scope of work

Please note that this role may require you to work in rotational shifts

Qualification BCom