Procure To Pay Analyst

14 hours ago

Bengaluru, Karnataka, India Spes Manning Solutions LLP Full time ₹ 5,00,000 - ₹ 12,00,000 per year

Skill Required

Procure to Pay - Payment Processing Operations

Designation

Procure to Pay Operations Analyst

Qualifications

Any Graduation

Years of Experience

3 to 5 years

Language Ability

Portuguese - Proficient

Job Overview

You will be aligned with the Finance Operations vertical and will help determine financial outcomes by collecting operational data/reports, conducting analysis, and reconciling transactions. Responsibilities include boosting vendor compliance, reducing savings erosion, improving discount capture through preferred suppliers, and confirming pricing and terms prior to payment. You will be responsible for accounting of goods and services through requisitioning, purchasing, and receiving, and managing the order sequence of procurement and financial processes end-to-end.

The Accounts Payable Processing team is focused on designing, implementing, managing, and supporting accounts payable activities by applying relevant processes, policies, and applications. The team ensures timely and accurate billing and processing of invoices, manages purchase and non-purchase orders, and handles two-way and three-way matching of invoices.

The Payment Processing Operations team manages payments via checks, wire, SWIFT, direct debits, etc., as part of the invoice processing cycle. The team executes manual payments and automated payment runs, runs potential duplicate payments reports and takes appropriate action, and executes payment-related controls. The role requires a good understanding of vendor payments, Travel and Expense (T&E) payments, and taxation.

Desired Skills

  • Agility for quick learning

Roles and Responsibilities

  • Analyze and solve lower-complexity problems.
  • Interact daily with peers before updating supervisors.
  • Limited exposure with clients and/or management.
  • Receive moderate instruction on daily tasks and detailed instructions on new assignments.
  • Decisions impact your own work and may impact the work of others.
  • Contribute individually as part of a team with a focused scope of work.
  • This role may require working in rotational shifts.

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