Accounts Payable Associate

ICE


Date: 2 weeks ago
City: Hyderabad, Telangana
Contract type: Full time
Responsibilities

Job Description

Invoice Processing and Payment Management

  • Process high volume invoices including processing, approvals and timely payment
  • Ensure Adherence to the established policies, procedures, and controls.
  • Performing 3-way match where appropriate ,to ensure invoices PO and receiving documents all reconcile appropriately.
  • Monitor invoice approval workflows and resolve and exceptions or discrepancies.
  • Review payment terms, prioritise payments and co-ordinate with vendors for prompt resolution of payment related issues.

Vendor Management

  • -Manage Vendor relationships, including onboarding new vendors and maintaining vendor master data.
  • Verify and approve all new requests/changes to the agreed business processes and policies whilst maintaining high levels of understanding, quality and accuracy
  • Ensure all requests contain the appropriate supporting documentation and comply with policies before they are updated into the system.
  • Effectively communicate with vendors to validate the data from the documents provided address inquiries if any.

Process Improvement

  • Identify opportunities for process improvements within the accounts payable function.
  • Develop and implement initiatives to enhance efficiency, accuracy, and productivity.
  • Streamline workflows and leverage automation tools to optimise invoice processing and payment cycles

Team Leadership And Development

  • Supervise and mentor accounts payable team providing guidance and support
  • Assign Tasks set performance goals and conduct regular performance evaluations
  • Foster a collaborative and positive work environment promoting professional growth and development

Financial Reporting and Analysis

  • Prepare Periodic reports and analysis related to AP highlighting key metrics and tends
  • Assist in month end year end closing activities
  • Collaborate with the finance team to ensure accurate and timely financial reporting

Compliance and Audit

  • Ensure compliance with company policies, procedures and regulatory requirements.
  • Support internal and external audits by providing requested documentation and explanations.
  • Assist in implementing controls and measures to mitigate risks and maintain data integrity

Knowledge And Experience

  • Proven experience in Accounts Payable roles with a minimum of 5 years of experience
  • Excellent written, verbal communication skills with the ability to effectively simplify policies and regulations
  • Ability to assess customer service issues, determine proper course of action and respond rapidly to requests.
  • Excellent analytical and problem-solving skills with a keen eye for details
  • Capacity to identify process- improvement opportunities and implement effective solutions.
  • Ability to build and maintain positive relationships with vendors, internal stakeholders and auditors.
  • Ability to work independently manage multiple priorities and meet deadlines in a fast-paced environment
  • Excellent Organizational skills to ensure timely and accurate processing of financial transactions.
  • Proficiency and technical aptitude with MS PowerPoint, Excel and ERP systems ( Oracle and Service Now)

Schedule

This role offers work from home flexibility of one day per week.

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume

Similar jobs

Associate QA & E-file Analyst

Thomson Reuters, Hyderabad, Telangana
3 days ago
About the Role:Candidate should be working on the Quality Assurance of Ultra tax product in terms of QA. Should be working on the testing of Forms and post issues in the issue tracker. Should follow up with the developers and see that the issue is resolved on time. Should retest the issues and close them accordingly. Should work on testing...

Manager - Retail Store Operations

Vodafone Idea Limited, Hyderabad, Telangana
2 weeks ago
RoleStore ManagerFunction / DepartmentRetailLocationHyderabadJob PurposeResponsible for adherence to store processes in terms of documentation and systems. Maintain availability of stock at the store while adhering to normsCore Competencies, Knowledge, Experience Monitoring and ensure quality of acquisition through store Increasing revenue per footfall by aiding customers’ purchase decisions Achieving profitability (Return on investment) targets for the store Minimizing losses from pilferage...

UI Developer

PURVIEW, Hyderabad, Telangana
2 weeks ago
Job DescriptionJob DescriptionTitleUI DeveloperProject DescriptionThis position falls under HSBC Group Data Technology space. The key focus is on creating connections between business processes, data, products, services, and technology, that underpin our interactions with customers, and financial success. The team provides the provides a single comprehensive data cataloguing solution across HSBC business units.ResponsibilitiesDesign and develop complex applications to be used by...