Sr Executive PTP- Payment processing

Company Description Our Parent Organization, NEC Corporation, is a 25 billion Company with offices spread across the globe. NEC is a multinational provider of information technology (IT) services and products, headquartered in Tokyo Japan with 122 years of experience in evolution with technology and innovation. It is recognized as a ‘Top 50 Innovative Company’ globally NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential.    NEC Software Solutions (India) Private Limited  is based in Mumbai (Worli & Airoli) and Bangalore with an employee strength of 1500+. It is one of the foremost providers of end-to-end IT services across various sectors. We work with diverse industry verticals which include publishing, media, financial services, retail, healthcare and technology companies around the world. Our customers range from two-person startups to $bn listed companies.  We have more than 30 years of experience in providing end to end IT services across the globe and have earned a reputation for delighting our customers by consistently surpassing expectations and helping them deliver robust, market-ready software products that meet the highest standards of engineering and user experience. Supported by more than 1300 exceptionally talented manpower, we are a hub for offshore support and technology services  Job Description Experience-6-9  yrs Location-Mumbai (Airoli) Shift timings- US shift (06.00 pm till -3.00 am) Looking for Excellent communication skills Working Hours:  8.5 hours/day (US Shift) Role Requirements:  This position currently requires Work from Home during Night Shift as per project needs.  The candidate must be flexible to travel based on business requirements during this period.  There may be a prepone in shift timing, which will be reviewed post-transition.  Following the transition, the role will shift to a Hybrid Work from Office model, in alignment with company guidelines.  Role Summary:  The team member is responsible for executing timely and accurate payments to vendors, employees, and other stakeholders in accordance with company policies and contractual terms  Essential:  Have worked in SAP environment having T-code knowledge  Experience in shared services / customer facing environment  Have fair knowledge of the Procure to Pay Process  Understanding of Standard Operating Procedures (SOP/DTP)  Good Word, Excel & PowerPoint skills  Good verbal and written communication skills  VIM-SAP working knowledge will be added advantage  Well-in Confidence to handle Multi-Tasking ability and well-verse into it  Overall Project/Task description  Strong knowledge on SCF, Fund-flow estimation, AP Ageing, Domestic and Forex Payment  Review payment terms, prioritise payments and co-ordinate with vendors for prompt resolution of payment related issues  Verify and approve all new requests/changes to the agreed business processes and policies whilst maintaining high levels of understanding, quality and accuracy  Manage the reimbursement process for employees’ expenses including reviewing expense reports, verifying supporting documentation and ensuring compliance with company policies  Accounts Payable Vendor helpdesk knowledge- Handling Query Management  Verify payable information in the system & highlight any data discrepancy   Responsible for documenting bounced and fraudulent payments and notifying proper authorities as and when such documents are created  Respond to queries in a timely and accurate manner  Create data trackers for supporting monitoring activities  Assist team leader in a timely and appropriate manner with regards to Vendor/Employee Payments and payroll activities  Accuracy & timelines: Ensure 100% accuracy rate in day-to-day activities to ensure TAT/SLA are met  Ensure on Validation, reservation and Finalization of due invoices for payment  Mode of payment knowledge and how it gets execute as per process and vendor requirement  Ensuring efficient handling of daily business activities and maintaining data integrity.  GRIR process having end to end P2P knowledge  Knowledge and co-ordination with Treasury process to sync on payment authorization and execution.  Identify opportunities for process improvements within the accounts payable function  Good understanding of the different types of invoice processing   Prepare the AP open items status   Good understanding of Sub- ledgers of AP and make sure to take all actions before closing the AP books  Qualifications Graduate or Post Graduate Bachelor in commerce Additional Information Excellent Communication Skills required.