Procure To Pay Operations Associate

Skill required: Procure to Pay - Invoice Processing


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")
Refers to the systematic handling and management of incoming invoices within a business or organization. It involves tasks such as verifying the accuracy of the invoice, matching it with purchase orders and delivery receipts, and initiating the payment process. Automated systems and software are often employed to streamline and expedite the invoice processing workflow, improving efficiency and reducing the likelihood of errors.


What are we looking for?

Collaborate with AP processors, procurement, and finance teams to ensure accurate and timely payment processing.

Log and track helpdesk tickets.

Assist vendors with payment remittance details and banking information updates in compliance with internal controls.

Escalate complex issues to appropriate team members or departments when necessary.

Support month-end and year-end close processes by providing documentation and resolving outstanding items.

Assist in maintaining AP-related documentation, such as policies, FAQs, and helpdesk procedures.

Identify trends in recurring issues and provide suggestions for process improvements.

Understanding of 3-way matching and basic accounting principles
o Strong verbal and written communication skills.
o Excellent customer service and problem-solving abilities.


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