Associate Analyst, Accounts Payable
20 hours ago
Relocation Assistance Offered Within Country
Job Number # Mumbai, Maharashtra, India
Who We Are
Colgate-Palmolive Company is a global consumer products company operating in over 200 countries specializing in Oral Care, Personal Care, Home Care, Skin Care, and Pet Nutrition. Our products are trusted in more households than any other brand in the world, making us a household name
Join Colgate-Palmolive, a caring, innovative growth company reimagining a healthier future for people, their pets, and our planet. Guided by our core values—Caring, Inclusive, and Courageous—we foster a culture that inspires our people to achieve common goals. Together, let's build a brighter, healthier future for all.
Title: Associate Analyst, Accounts Payable
Brief introduction - Role Summary/Purpose:
- Associate Analyst with a strong focus on ensuring accurate and efficient accounts payable operations.
- He should have a comprehensive understanding of invoice processing, reconciliation, and financial controls, aimed at maintaining high data integrity and supporting timely financial closing.
- This role involves not only day-to-day execution but also proactive problem-solving and continuous improvement initiatives
Responsibilities:
- Review, verify, and post purchase order (PO) and non-PO invoices (both 3rd party and inter-company), ensuring high efficiency and accuracy.
- Understand and accurately pass Goods in Transit (GIT) and accrual entries during periodic book closings.
- Perform vendor account reconciliations, resolve discrepancies, and secure necessary sign-offs.
- Analyze old vendor balances, review debit balances, and resolve issues, including flagging exceptions in open Purchase Orders.
- Generate, analyze, and clear Goods Receipt/Invoice Receipt (GR/IR) reports, and address Level 2 support inquiries from suppliers and internal customers.
- Review the SOP periodically and recommend necessary changes as and when needed in consultation with relevant stake holders
- Timely submission and maintenance of SOX documentation
- Participate in standardization and continuous improvement initiatives as well as other business partner initiatives
- Ensure prompt response to queries of local business
Required Qualifications:
- Education: Bachelor's Degree
- Experience: Minimum of 2+ years in accounts payable or a related finance role.
- Systems: Proficient in SAP.
- Taxation: Solid understanding of taxation principles.
Preferred Qualifications:
- Strong Collaboration
- Good communication
- Performing monthly GL analysis & review
Our Commitment to Inclusion
Our journey begins with our people—developing strong talent with diverse backgrounds and perspectives to best serve our consumers around the world and fostering an inclusive environment where everyone feels a true sense of belonging. We are dedicated to ensuring that each individual can be their authentic self, is treated with respect, and is empowered by leadership to contribute meaningfully to our business.
Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.
Reasonable accommodation during the application process is available for persons with disabilities. Please complete this request form should you require accommodation.
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