Accounts Payable Procure to Pay process and financial control

Accounts Payable -Procure to Pay process and financial control

Exp: 1.5Yrs

Location: Bengalore

Shift Timings : 2- 11 PM

Commerce Graduate

Telecom Industry experience preferred

Understand Procure to Pay process and financial control

Job Description:

Responsible for resolution of PO issues vendor contract review and comparison to invoices invoice analysis processing payment for invoices submitting formal disputes with vendors and constant vendor interaction
Requires significant interaction with various internal departments to resolve payment and expense issues
Performs a wide range of analysis yielding both financial profit/loss data as well as business process improvement
Works on assignments that are moderately difficult requiring judgment in resolving issues or in making recommendations


Duties and Responsibilities:

Invoice Validation
Review and thoroughly comprehend vendor contracts and perform various pricing analyses for invoices
Reconcile invoices through research internal and external written and oral communication and requires judgment in resolving issues
Perform a wide range of tasks to research non-standard pricing elements on vendor invoices including accessing multiple systems to gather required information
Review network orders and inventory to validate the multiple pricing elements and reach out to Network Provisioning and other departments for validation of invoice charges as needed
Provide assistance to more junior staff and secondary review of complex invoice processing

Invoice Processing
Process vendor invoices in accordance with company policy to ensure check issuance/EFT and timely payment
Ensure all transaction properly coded with budget information for expense tracking
Process wire transfer payment requests
Prepare track and validate vendor invoice payments through SAP

Vendor Disputes & Resolution
Perform research to resolve vendor disputes root cause and propose process improvements
File disputes with vendors and track through dispute resolution. Participate in vendor meetings and conference calls as required
Responsible for monitoring GR/IR account in SAP and maintaining a reasonable balance

Stakeholder Management
Assist business owners with payment data requests. This often requires research and analysis.

Financial Reporting
Prepare month end accruals for financial reporting and internal tracking


Required and Desired Skills:

Skills:
Strong MS Excel Word and Access skills
Strong knowledge of finance and accounting principles
Strong knowledge of telecommunications services
General understanding of Wireless Wireline telecommunications industry
Ability to handle multiple priorities
Requires the ability to recognize potential problems develop appropriate solutions and make recommendations to management
Customer focused with the ability to build strategic relationships within the organization and with all levels of the vendor organization
Strong analytical problem solving and control/follow-up skills
Detail oriented
Language Proficiency: Fluent in English both oral and written skills
Technology Experience: SAP as end user