Skill required: Procure to Pay - Accounts Payable Processing
Designation: Senior Analyst
Qualifications:BCom
Years of Experience:5 - 8 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 699,000 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. boosting vendor compliance, cutting savings erosion, improving discount capture using preferred suppliers, and in confirming pricing and terms prior to payment. Responsible for accounting of goods and services, through requisitioning, purchasing and receiving. Also look after order sequence of procurement and financial process end to end. The Accounts Payable Processing team focuses on designing, implementing, managing and supporting accounts payable activities by applying the relevant processes, policies and applications. The team is responsible for timely and accurate billing and processing of invoices, managing purchase and non-purchase orders and two-way and three-way matching of invoices. The Accounts Payable Processing team focuses on designing, implementing, managing and supporting accounts payable activities by applying the relevant processes, policies and applications. The team is responsible for timely and accurate billing and processing of invoices, managing purchase and non-purchase orders and two-way and three-way matching of invoices.
What are we looking for? Good understanding of end to end accounts payable process Good understanding of upstream and downstream processes of accounts payable Good undestanding of accounts payable and accounts receivable functions and there linkages Good project mangement skills to work with mutiple departments and function owners (i.e. Accounts Receivable, R2R, Account payable & Business) Good understanding of Vendor Invoice Processing & related controls Good understanding of Vendor Payment processing & related controls Good understanding of T&E processing & related controls Experience of Vendor Reconciliations Experience of Vendor Master Update Experienced in Helpdesk - Query resolution Good understanding of PTP Month End Close Tasks Experienced in preparation of GRIR Reconciliations Good Written Communication Good Verbal Communication Skills Good hands on experience in MS Excel Ready to work in night shifts Team management & work allocation skills Analytical skill Logical reasoning and thought process Prior experience of handling client facing calls Process transition experience Proficient in creating process relevant documents - DTP, KT , FMEA, Quality framework, PKT etc Understanding of RPAs Knowledge of current technologies in PTP domain Prior experience in PTP Tranformation/improvement initiatives Project management experience with several engagements Atleast B.Com Prior experience in Great Plains, AS400 & Navision
Roles and Responsibilities: Responsible to manage collobration and effectivness of all upstream & downstream functions/departments "Ensuring delivery of actvities as per agreed timelines timeframe" Ensuring end to end closure of open action items including refunds request, Troubleshoot payment issues and work closely with accounting to problem solve. "identify non-compliant invoices and send these back to required stakeholders" Support Accounts Receivable team with aged accounts and write offs Quality assurance and reporting as needed Raise query to internal business or supplier while parking the invoice using appropriate reason Able to do Multiple follow ups on hold/park /stuck invoices as via emails or calls with relevant parties for driving resolution as per business guidelines Ability to comprehend information available on invoice for country specific Tax/VAT guidelines Ensure Invoice data is correctly captured in the ERP/workflow system Process PO invoices following 2 way/ 3 way match Process Non PO invoices following required approvals Manage and follow up invoice exceptions Perform quality check of invoices/ credit notes Ensure adequacy of process controls being in place Ensure compliance to policies and procedure Manage periodic audit Keep documentation update Manage and ensure control on GRIR, vendor debit balances, direct debits, Invoice on holds etc. Ensure all SLA and KPIs are met Creating/validating payment schedule as per business guidelines "Process vendor payment runs as per the defined schedule following parameters given in Desktop procedure" "Process urgent payment in agreed timeframe availing all required approvals" Ensure quality review of the payment proposals Ensure Pre payment and post payment validations are performed "Co-ordinate with Vendor master team to manage the invoices/vendor hold" Confirm Payment run is debited from the bank account Ensure next payment runs is performed post bank reconciliation is done by RTR side Co-ordinate with banking team to manage payment exceptions and vendor refunds Generate payment remittance advice and ensure these are sent to the vendors on timely basis Maintaing relevant payment approval audit trail for audit and compliance purposes, Perform Duplicate audit check Do the RCAs for duplicate or errorneous payment Maintaining duplicate audit tracker untill duplicate payments are received Keep documentation update, Manage periodic audit, Ensure compliance to policies and procedure, Ensure adequacy of process controls being in place

BCom

About Accenture

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with 742,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com.

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