Procure To Pay Operations New Associate

Skill required: Procure to Pay - Invoice Processing

Designation: Procure to Pay Operations New Associate

Qualifications: BCom

Years of Experience: 0 to 1 years

What would you do
Process and validate vendor invoices in SAP by ensuring accuracy of key fields (invoice number, date, amount, tax, vendor details) and compliance with PTP controls.
Perform 2-way/3-way matching of PO, GRN, and invoices, and resolve discrepancies through coordination with vendors and internal stakeholders
Execute end-to-end invoice processing activities including indexing, verification, posting, and handling credit notes within SAP workflows.
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
Process and validate vendor invoices in SAP by ensuring accuracy of key fields (invoice number, date, amount, tax, vendor details) and compliance with PTP controls.
Perform 2-way/3-way matching of PO, GRN, and invoices, and resolve discrepancies through coordination with vendors and internal stakeholders
Execute end-to-end invoice processing activities including indexing, verification, posting, and handling credit notes within SAP workflows.
Process and validate vendor invoices in SAP by ensuring accuracy of key fields (invoice number, date, amount, tax, vendor details) and compliance with PTP controls.
Perform 2-way/3-way matching of PO, GRN, and invoices, and resolve discrepancies through coordination with vendors and internal stakeholders
Execute end-to-end invoice processing activities including indexing, verification, posting, and handling credit notes within SAP workflows.

Roles and Responsibilities:

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

Your primary interaction is within your own team and your direct supervisor

In this role you will be given detailed instructions on all tasks

The decisions that you make impact your own work and are closely supervised

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

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

Qualification BCom