Accounts Payable

3 weeks ago

Hyderabad, India Eastman Full time

Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company’s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,000 people around the world and serves customers in more than 100 countries. The company had 2023 revenue of approximately $9.2 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com.

 

Job Location - Hyderabad

An Information Technology & Business Shared Services presence is established in Hyderabad, India with the objective of providing information technology application development and support services

Role Description :

The Accounts Payable Associate will play a crucial role in ensuring accurate and timely processing of vendor invoices and payments. This position requires strong analytical skills, attention to detail, and a commitment to maintaining the highest level of accuracy in financial transactions. The ideal candidate will have a solid understanding of accounts payable processes, a proactive mindset, and the ability to work effectively in a fast-paced corporate environment.

Key Responsibilities :
  • Process vendor invoices, ensuring accuracy, completeness, and compliance with company policies and procedures.
  • Verify invoice details, including prices, quantities, and terms, and resolve any discrepancies or issues with vendors or internal stakeholders.
  • Reconcile accounts payable transactions and resolve any discrepancies with vendors or internal departments.
  • Collaborate with internal stakeholders to resolve invoices and payment-related inquiries in a timely manner.
  • Assist with month-end and year-end closing activities.
  • Support the implementation of process improvements to enhance efficiency, accuracy, and controls within the accounts payable function.
  • Adhere to financial policies, procedures, and internal controls (SOX) to ensure compliance with regulatory requirements.
  • Responsible for GMB - Handle emails and inquiries regarding payment status, discrepancies, and other related issues.
  • Maintain regular updates to the invoice processing documentation (SOP).
Basic Qualifications :
  • Bachelor’s degree in accounting, finance, or a related field.
  • Minimum 4 years of experience in payable accounts processing US/EMEA Purchase invoices in ERP (preferably SAP).
  • Strong analytical skills with the ability to analyze and interpret financial data.
  • Exceptional attention to detail and accuracy, ensuring high-quality deliverables.
  • Proficient in using accounting software and MS Office applications, particularly Excel.
  • Excellent organizational and time management skills, with the ability to prioritize and meet deadlines.
  • Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
  • Knowledge of accounting principles and understanding of accounts payable processes and controls.
  • Ability to maintain confidentiality and handle sensitive information with integrity.

Eastman Chemical Company is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, pregnancy, veteran status or any other protected classes as designated by law.

 

Eastman is committed to creating a powerfully diverse workforce and a broadly inclusive workplace, where everyone can contribute to their fullest potential each day.

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