Analyst

Analyst

Description

Analyst roles and responsibilities:

• Process and review invoices, ensuring accuracy and adherence to company policies and procedures.
• Conduct 2-way and 3-way matching of invoices, purchase orders, and receiving documents.
• Verify vendor statements and reconcile discrepancies.
• Prepare and process payment runs, including checks, wire transfers, and electronic payments.
• Maintain vendor records, ensuring accurate and up-to-date information.
• Respond to vendor inquiries and resolve payment-related issues.
• Assist in month-end closing activities, including accruals and reconciliations.
• Collaborate with internal teams to resolve any discrepancies or issues related to invoices or payments.
• Preparing Comparative Quotation Analysis (CQA)
• Creating Purchase Orders (POs) as per Purchase Requisitions (PRs) as per the budget provided by the management
• Monthly reporting to management for budgeted vs. actual spending
• Handling negotiations and approvals for admins requirements
• Vendor management and conducting vendor performance appraisals 

 Technical and Functional Skills:

• B.com with 2+ years of experience into procurement.

• Should be an effective communicator and team/task manager

• Soft skills in terms of training, leadership and understanding of teams' problems 

• Sense of ownership is a must to drive and work with a sense of urgency