Accounts Payable Associate - Level III

Description

GPP Database Link (https://cummins365.sharepoint.com/sites/CS38534/)

Assists the accounts payable team with more complex tasks related to the efficient maintenance and processing of accounts payable transactions. Performs activities under minimal supervision.

Key Responsibilities

Processes invoice administration and set up for payment. Prepares and processes accounts payable checks, wire transfers and payments. Answers all vendor inquiries and reconciles more complex vendor statements. Prepares analysis of accounts. Resolves more complex invoice discrepancies. Conducts root cause analysis of accounts payable processing errors and suggests process improvements. Supports month end closing. Participates in and/or leads projects related to Accounts Payable improvement. Performs other duties as assigned.

Responsibilities

Competencies:

Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.

Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.

Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.

Customer focus - Building strong customer relationships and delivering customer-centric solutions.

Drives results - Consistently achieving results, even under tough circumstances.

Nimble learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.

Values differences - Recognizing the value that different perspectives and cultures bring to an organization.

Business Partnering - Collaborates with stakeholders and develops partnerships to drive performance that aligns to organizational goals and strategies; influences the organization by demonstrating knowledge of the business to provide guidance to support the decision making process and guiding the business towards positive results and organizational alignment; evaluates business environment using measures to mitigate risk and capitalize on opportunities.

Financial Internal Controls - Leverages internal control framework by assessing internal controls and developing remediation plans to mitigate financial reporting risks and respond to changing business needs.

Education, Licenses, Certifications

High school diploma or certificate of completion of secondary education or equivalent experience to the extent such experience meets applicable regulations.

Experience

Requires significant relevant work experience or specialized skills obtained through education, training or on-the-job experience.

Qualifications

Collaboration with business unit to achieve common objective. If required work at business/plant location according to requirement of work.

Excellent excel skill with data analysis and interpretation.

Should have end to end P2P process knowledge, with strong attention to detail and organizational skills.

Experience In Accounting Domain - Intercompany/Goods In-transit.

Should have experience in manufacturing background.

Should be willing to travel to plant location once or twice a week as per business requirement.

Exposure working on Oracle ERP

Ability to multi-task, work under pressure, and meet tight deadlines.

Strong process knowledge to identify, analyze process gaps, and drive standardization/simplification of AP processes.

Basic understanding of direct/indirect taxation and multi-currency invoices.

Hands-on experience with vendor partners, stakeholder reviews, and preparing monthly performance reviews

Experience managing the review of work methods and procedures, considering the impact of changes on the overall organization, and implementing improvements.