Accounts Payable Analyst

DESCRIPTION

Job Summary:

Provides analytical support as a member of the accounts payable team.

WORKING SHIFT : US TIME - 5:30PM to 2:30 AM

Key Responsibilities:

Prepares analyses and reports for the accounts payable team; makes recommendations for changes to methods and processes based on the analyses prepared. Prepares statistical reporting. Resolves moderately complex accounts payable issues and problems. Builds and maintains relationships with other Finance disciplines and work teams. Executes special projects 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.

Instills trust - Gaining the confidence and trust of others through honesty, integrity, and authenticity.

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

Self-development - Actively seeking new ways to grow and be challenged using both formal and informal development channels.

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 Analysis - Interprets financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.

Education, Licenses, Certifications:

College, university, or equivalent degree in Accounting, Finance, or related subject required.

Experience:

Minimal level of relevant work experience required.

QUALIFICATIONS

Educational Qualifications : College, university, or equivalent degree in Accounting, Finance, or related subject required.

Experience Level: 5+ years of relevant experience in Procure to Pay, must have attention to detail and organized. Ability to multi-task, work under pressure, and meet tight deadlines, working globally would be an advantage

Job Summary : Responsible for providing analytical support as a member of accounts payable team.

Key Role Responsibilities:

• Preferred experience in captive shared services environment ensuring KPI's and SLA's are adhered too.

• Experience in global Procure to Pay process, Grant of Authority, Invoice dispute resolution and identifies training and development needs, and establishes performance standards for the function

• Identify, analyse process GAPs and drive standardization / simplification of AP process within GCC

• Basic understanding on indirect taxation in the world of Accounts Payable and understanding of working with multi currency invoices

• Hands on experience with Vendor partner, Stakeholder reviews and preparing monthly performance review.

• Supervises a group of accounts payable clerks within the established accounting policies of the

corporation.

• Monitors records of amounts owed and assures prompt payment of invoices.

• Recommends changes in methods and procedures to improve the efficiency of the accounts payable unit.

• Assesses vendor performance, provides feedback to direct reports

9.Manages the review of work methods and procedures; considers the impact of any changes on the overall organization; develops and implements changes in those methods and procedures to improve the efficiency of the accounts payable unit. 10.Acts as a point of escalation for complex, non-routine accounts payable issues and problems.

• Communicates effectively - Developing and delivering multi-mode communications that convey a

clear understanding of the unique needs of different audiences.

Required Skills & Competencies: Action Oriented, Customer Focus, Business Partnering, General Ledger Knowledge and Managing complexity. Understanding and experience with Oracle would be an added advantage.

Job Finance

Organization Cummins Inc.

Role Category Hybrid

Job Type

ReqID