Accounts Payable

4 weeks ago

Pune, Maharashtra, India Suzlon Group Full time

Job Purpose:

As a Process Specialist in Accounts Payable within the Finance Shared Service Centre, the primary aim is to ensure accurate accounting and processing of Accounts Payable transactions. This involves conducting thorough three-way matches, preparing debit and credit notes, posting details in SAP, reconciling vendor accounts, maintaining records, and providing support for monthly consolidation and process adherence, ultimately contributing to the cost-effective, timely, and quality-driven performance standards set out in SLAs.

Responsibilities

  • Carry out 3 way match to ensure correctness of the invoice processing
  • Posting of approved debit and credit notes provided by business teams and clearing of the same against respective invoice.
  • Post the actual details in SAP based on the documents received.
  • Verify the invoices sent by the vendors against the purchase orders/ goods receipt note to identify variations and inform the respective departments (if any).
  • Post the invoices in the SAP system and clearing against advances / payments.
  • Creating vendor payment proposals, scheduling payments, and ensuring timely payments to vendors.
  • MIS Reports on creditors aging and vendor payments
  • Adherence to approval mechanisms
  • Ensure that all transactions associated with the process meet the cost, quality and time-related performance standards as set out in the Service Level Agreements (SLA).
  • Perform accounting functions as per statute & company policy
  • Implement best practices
  • Act as buddies for new recruits for job orientation

Experience:

  • Graduates with 0-4 years of experience, preferably in the manufacturing industry.
  • Experience in Accounts Payable processes is essential.
  • Proficiency in Microsoft Office suite and familiarity with SAP FICO & MM module is required.
  • Strong service orientation with the ability to promptly meet vendor-related requirements and handle ad-hoc tasks.
  • Demonstrated interpersonal skills including seeking guidance to resolve issues and collaborating with team members when necessary.
  • Good communication skills and effective command over language are desirable

Qualifications:

Bachelor's degree in relevant field (e.g., Accounting, Finance, Business Administration).

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