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Title:  Financial Specialist-Procure To Pay

Location: 

Bangalore, Karnataka, IN, 560071

Requisition ID:  31892
Job Summary

Responsible for end to end invoice processing activities in an automated/ semi-automated work environment including invoice receipt scanning into correct work-queue, exception handling of invoices not processed automatically including communication with external and internal stakeholders on holds, performing manual invoice matching (3-way/2-way) in Oracle and application/ release of invoice holds amongst others     

Team Lead will also be responsible for identifying, analyzing and timely reporting of key issues/ risks/ improvement opportunities in the process, training and onboarding of senior processors, supporting manager in client and other stakeholder management and escalation/ issue management.

Key Accountabilities:

A) Invoice receipt & scanning:

  • Scanning of invoices into correct work-queue
  • Monitoring and follow-up on with vendors on invoices not received in correct email-inbox/ office address 

B) Invoice & holds processing/invoice aging.

  • Monitor and process the invoices which are not processed automatically/ parked in the exception queue for manual follow-up
  • Perform invoice validation and match in Oracle (3-way/ 2-way) for invoices which are not processed automatically
  • Send/ receive/ closely follow-up on communication where invoice has been rejected/ put on hold and no follow-up action has completed by internal and external stakeholders
  • Analyze invoice ageing report and follow-up with internal and external stakeholders on invoice which are at/ beyond payment due date

C) Month end close and Bank reconcilation.

  • Momitor Month end close performed by the team. Analyse unaccounted transactions and resolve prior close.
  • Communicate with GL team on close and perform/monitor post close activities.
  • Regular communication with GL team on the Bank recon open items and its reconcilation prior close.

D) Process SME

  • Supporting manager in escalation/ issue management
  • Acting as knowledge SME for senior processor/ other team members
  • Analyze, identify and report continuous improvement opportunities/ issues/ risks in the current process
Job Requirements

Oracle ERP experience is a must

Global - End to End Accounts Payable experience(Holds management/Invoice aging/Month end close/Bank reconcilation/Scanning/Understanding of GST/WHT specifically for India and EMEA)

6 to 9 years of work experience

Team/People handling skills is required with an experience of minimum 1 to 2 years.

 

Education

Bachelor of Commerce/Any graduation

Post graduation will be helpful. Not mandatory.


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