Procure to Pay Operations Analyst

Procure to Pay Operations Analyst

Skill required: Procure to Pay - Accounts Payable Processing
Designation: Procure to Pay Operations Analyst
Qualifications:BCom
Years of Experience:3 to 5 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? 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") Design, implement, manage and support accounts payable activities for an organization by applying the relevant processes, policies and applications.
What are we looking for? Job Description - Aged AP/Prepayments Role • Perform ledger scrutiny for open AP subledger transactions • Reconcile AP subledger with supplier statements • Identify reason for open invoices, prepayments or credit memos • Work with stakeholders to rectify and close open AP Subledger transactions • Coordinates with Global P2P teams, Business Owners and Suppliers to resolve P2P inquiries • Update and maintain working files, trackers for reporting purpose • Work with Accounting team to clear open prepayment and Aged AP balances • Adhere to the monthly and year-end close schedules • Provides quality and timely resolution for level 2 inquiries related to Aged AP / Open Prepayments • Performs data analysis, provides insights on activity and recommendations on process improvements that will reduce manual effort and improve timeliness and accuracy • Plan and organize work so that Service Level Agreement objectives are met or exceeded • Ensures compliance to SOX controls and maintains documentation as assigned All About You • Master’s degree in Accounting or Finance or equivalent work experience • Experience supporting procure to pay processes and expense/ sub-ledger accounting with reliance on metrics-based performance management tool Job Description - Aged AP/Prepayments Role • Perform ledger scrutiny for open AP subledger transactions • Reconcile AP subledger with supplier statements • Identify reason for open invoices, prepayments or credit memos • Work with stakeholders to rectify and close open AP Subledger transactions • Coordinates with Global P2P teams, Business Owners and Suppliers to resolve P2P inquiries • Update and maintain working files, trackers for reporting purpose • Work with Accounting team to clear open prepayment and Aged AP balances • Adhere to the monthly and year-end close schedules • Provides quality and timely resolution for level 2 inquiries related to Aged AP / Open Prepayments • Performs data analysis, provides insights on activity and recommendations on process improvements that will reduce manual effort and improve timeliness and accuracy • Plan and organize work so that Service Level Agreement objectives are met or exceeded • Ensures compliance to SOX controls and maintains documentation as assigned All About You • Master’s degree in Accounting or Finance or equivalent work experience • Experience supporting procure to pay processes and expense/ sub-ledger accounting with reliance on metrics-based performance management tool
Roles and Responsibilities: •In this role you are required to do analysis and solving of lower-complexity problems • Your day to day interaction is with peers within Accenture before updating supervisors • In this role you may have limited exposure with clients and/or Accenture management • You will be given moderate level instruction on daily work tasks and detailed instructions on new assignments • The decisions you make impact your own work and may impact the work of others • You will be an individual contributor as a part of a team, with a focused scope of work • Please note that this role may require you to work in rotational shifts