PTP Analyst

Bangalore - India

Monthly Salary: Not Disclosed

Posted on: 15 days ago

Vacancies: 1 Vacancy

Job Summary

Job Description: Procure-to-Pay (PTP) Analyst

Role Title:	Procure-to-Pay (PTP) Analyst / Sr. Analyst
Location:	Bengaluru Karnataka India
Experience:	3 - 5 Years
Function:	Finance / Global Business Services (GBS)
Reporting To:	PTP Team Lead / Manager

Job Summary

The PTP Analyst is responsible for the efficient and accurate execution of the end-to-end Procure-to-Pay cycle ensuring compliance with internal policies and financial controls. This role involves processing high volumes of invoices resolving vendor and internal queries supporting month-end activities and driving process improvements within a fast-paced Global Shared Services environment.

Key Responsibilities

1. Invoice and AP Processing (Core Operations):

Perform end-to-end invoice processing for both Purchase Order (PO) and Non-PO invoices across various entities and currencies.
Execute the 3-way match (PO Goods Receipt Note/Service Entry Sheet and Invoice) accurately and promptly.
Investigate and resolve discrepancies with internal stakeholders (Procurement Operations) and external vendors to ensure timely processing.
Process advance payments credit notes and manual adjustments as required.

2. Payment and Disbursement:

Prepare review and execute payment runs (e.g. ACH Wire Cheque) in compliance with payment schedules and company cash management policies.
Ensure all payments are accurately recorded and reconciled to the general ledger.
Manage urgent or special payment requests while adhering to appropriate authorization levels.

3. Reconciliation and Reporting:

Perform periodic (monthly/quarterly) vendor statement reconciliations addressing and clearing any outstanding items.
Assist in month-end and year-end closing activities including the preparation of Accounts Payable accruals (GR/IR).
Generate and analyze key performance indicator (KPI) reports for the PTP process (e.g. invoice processing time first-pass yield payment on-time percentage).

4. Query Management and Vendor Relations:

Act as the primary point of contact for internal employees and external vendors for all payment and invoice-related inquiries ensuring timely and professional resolution.
Manage the PTP mailbox/ticketing system logging and tracking all queries until closure.

5. Compliance and Process Improvement:

Ensure all PTP activities comply with corporate policies SOX controls and local regulatory/tax requirements (e.g. GST TDS knowledge is a plus).
Identify opportunities for process automation efficiency and continuous improvement (e.g. enhancing OCR/Scanning tools improving 3-way match rates).
Support internal and external audit requirements by providing necessary documentation and explanations.

Required Qualifications and Skills

Education: Bachelors degree in Accounting Finance Commerce () or related field.
Experience: 3 to 5 years of hands-on experience in a dedicated Procure-to-Pay (PTP) / Accounts Payable (AP) function preferably within a Shared Service Centre (SSC) or Global Business Services (GBS) environment.
System Proficiency: Must have strong working experience with a major ERP system (e.g. SAP (FI/MM) Oracle Microsoft Dynamics). Experience with PTP workflow tools (e.g. Coupa Ariba Basware) is a distinct advantage.
Technical Skills: Advanced proficiency in Microsoft Excel (VLOOKUP Pivot Tables) and other MS Office tools.
Core Competencies:
- Strong understanding of fundamental accounting principles particularly in Accounts Payable.
- Excellent analytical and problem-solving skills with a high degree of accuracy and attention to detail.
- Fluent communication (written and verbal) in English with proven stakeholder management abilities.
- Ability to work effectively in a team environment and manage high volumes under tight deadlines.

Job Description: Procure-to-Pay (PTP) Analyst Role Title: Procure-to-Pay (PTP) Analyst / Sr. Analyst Location: Bengaluru Karnataka India Experience: 3 - 5 Years Function: Finance / Global Business Services (GBS) Reporting To: PTP Team Lead / Manager Job Summary The PTP Analyst...

Job Description: Procure-to-Pay (PTP) Analyst

Role Title:	Procure-to-Pay (PTP) Analyst / Sr. Analyst
Location:	Bengaluru Karnataka India
Experience:	3 - 5 Years
Function:	Finance / Global Business Services (GBS)
Reporting To:	PTP Team Lead / Manager

Job Summary

Key Responsibilities

1. Invoice and AP Processing (Core Operations):

Perform end-to-end invoice processing for both Purchase Order (PO) and Non-PO invoices across various entities and currencies.
Execute the 3-way match (PO Goods Receipt Note/Service Entry Sheet and Invoice) accurately and promptly.
Investigate and resolve discrepancies with internal stakeholders (Procurement Operations) and external vendors to ensure timely processing.
Process advance payments credit notes and manual adjustments as required.

2. Payment and Disbursement:

Prepare review and execute payment runs (e.g. ACH Wire Cheque) in compliance with payment schedules and company cash management policies.
Ensure all payments are accurately recorded and reconciled to the general ledger.
Manage urgent or special payment requests while adhering to appropriate authorization levels.

3. Reconciliation and Reporting:

Perform periodic (monthly/quarterly) vendor statement reconciliations addressing and clearing any outstanding items.
Assist in month-end and year-end closing activities including the preparation of Accounts Payable accruals (GR/IR).
Generate and analyze key performance indicator (KPI) reports for the PTP process (e.g. invoice processing time first-pass yield payment on-time percentage).

4. Query Management and Vendor Relations:

Act as the primary point of contact for internal employees and external vendors for all payment and invoice-related inquiries ensuring timely and professional resolution.
Manage the PTP mailbox/ticketing system logging and tracking all queries until closure.

5. Compliance and Process Improvement:

Ensure all PTP activities comply with corporate policies SOX controls and local regulatory/tax requirements (e.g. GST TDS knowledge is a plus).
Identify opportunities for process automation efficiency and continuous improvement (e.g. enhancing OCR/Scanning tools improving 3-way match rates).
Support internal and external audit requirements by providing necessary documentation and explanations.

Required Qualifications and Skills

Education: Bachelors degree in Accounting Finance Commerce () or related field.
Experience: 3 to 5 years of hands-on experience in a dedicated Procure-to-Pay (PTP) / Accounts Payable (AP) function preferably within a Shared Service Centre (SSC) or Global Business Services (GBS) environment.
System Proficiency: Must have strong working experience with a major ERP system (e.g. SAP (FI/MM) Oracle Microsoft Dynamics). Experience with PTP workflow tools (e.g. Coupa Ariba Basware) is a distinct advantage.
Technical Skills: Advanced proficiency in Microsoft Excel (VLOOKUP Pivot Tables) and other MS Office tools.
Core Competencies:
- Strong understanding of fundamental accounting principles particularly in Accounts Payable.
- Excellent analytical and problem-solving skills with a high degree of accuracy and attention to detail.
- Fluent communication (written and verbal) in English with proven stakeholder management abilities.
- Ability to work effectively in a team environment and manage high volumes under tight deadlines.