Oracle Fusion PTP

4 weeks ago

Hyderabad, India a MNC IT Company - Client of Axim Digitech Full time

Role Overview- The PTP (Procure-to-Pay) Associate is responsible for executing day-to-day PTP activities with accuracy, compliance, and efficiency.- The role requires close collaboration with clients, managers, and process owners to ensure seamless execution of tasks, adherence to policies, and continuous improvement of PTP operations.Key Responsibilities- Execution of PTP Activities: Perform assigned tasks in line with client-approved policies, procedures, and all applicable legal and regulatory requirements.- Transition Support: Actively participate in the transition of PTP activities from the client including the development and continuous update of detailed Desktop Procedures (DTPs) with step-by-step process instructions.- System Utilization: Demonstrate working knowledge of PTP systems Oracle Fusion- Issue Escalation: Promptly escalate service delivery or production issues to managers and collaborate to resolve them in a timely manner.- Process Improvement: Identify opportunities for continuous improvement in PTP processes, including automation, process optimization, and organizational design to drive efficiency and operational excellence.Skills & Competencies- Technical Proficiency:- Oracle Fusion- Process Knowledge:- Strong understanding of end-to-end PTP lifecycle (Requisition → PO → Invoice → Payment).- Awareness of compliance and regulatory requirements in Accounts Payable and Procurement.- Problem-Solving: Ability to identify, escalate, and assist in resolving service delivery or production issues.- Documentation Skills: Skilled in creating and updating Desktop Procedures (DTPs) with clarity and precision.- Continuous Improvement Mindset: Proactively identifies opportunities for efficiency, automation, and operational excellence.- Collaboration & Communication: Works effectively with managers, process owners, and clients to ensure alignment and delivery of high-quality outcomes.Qualifications:- Minimum of 1 to 3 years of relevant operational experience in a executing day-to-day PTP activities with accuracy, compliance, and efficiency.- Ready for contract role in Hyderabad- Can join immediately- In-depth understanding and application of Generally Accepted Accounting Principles (GAAP) and financial reporting, including financial statements and footnotes.- Experience supporting SOX compliance and working with internal and external auditors.- Proven track record in leading teams and managing complex operational processes.

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