Procure to Pay Operations Associate

Procure to Pay Operations Associate

Skill required: Procure to Pay - Invoice Processing
Designation: Procure to Pay Operations Associate
Qualifications:BCom/MCom
Years of Experience:1 to 3 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? "Handle payments, vendor & user queries, accruals, prepaids, Trade Payables, GRIR Interaction with internal and cross-functional teams regarding invoicing and payment Reconciliation of vendor statements to invoices in Accounts Payable system Support implementation of projects such as electronic invoicing and payment process Research invoices, payments, pricing issues as requested Review and posting of correction journals (if needed) Follow company and department policies and procedures Accurate filing to ensure compliance of routine testing and audits Support team involvement and attend routine team meetings Ensuring compliance on various process requirements, policies, and regulations by enforcing adherence to standard operating procedures and defined controls. Ability to comprehend basic statistics and terms involved in the day-to-day business. 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? "Commerce Graduate/Post Graduate with 1 - 3 years of experience preferably in Indian Accounts Payable and retail business. Candidate must possess good written and verbal communication skills, be well organized, detail oriented, and have an ability to perform in a fast-paced changing environment Experience working with SAP, Experience in Indian accounting and taxation norms like GST & TDS compliances." "Experience in Trade AP domain, preferably for Manufacturing business Proven experience of leading operations teams Detail oriented and able to handle multiple tasks or projects simultaneously. Should have sound knowledge of PTP processes like Invoice Processing, Payments, Account Payables Reconciliations, Proven experience in managing clients Strong verbal and written communication skills Proficient in driving process transformation actions Proficient at problem solving and analyzing data"
Roles and Responsibilities: •"Handle payments, vendor & user queries, accruals, prepaids, Trade Payables, GRIR Interaction with internal and cross-functional teams regarding invoicing and payment Reconciliation of vendor statements to invoices in Accounts Payable system Support implementation of projects such as electronic invoicing and payment process Research invoices, payments, pricing issues as requested Review and posting of correction journals (if needed) Follow company and department policies and procedures Accurate filing to ensure compliance of routine testing and audits Support team involvement and attend routine team meetings Ensuring compliance on various process requirements, policies, and regulations by enforcing adherence to standard operating procedures and defined controls. Ability to comprehend basic statistics and terms involved in the day-to-day business and using the same during process discussions. Analyze transactions, understand, explain variances, and proactively identify potential problems and recommend solutions"