Accounts P

Tech Mahindra; Mumbai; On-site; INR 450,000 - 650,000; Full time

Job summary

Tech Mahindra in Mumbai seeks an Accounts Payable professional to handle high-volume vendor invoices, ensuring accuracy and policy compliance. The role focuses on invoice coding, discrepancy resolution, and prompt payments, with involvement in month-end close, vendor communication, and audit support.

The position emphasizes process standardization within Shared Services and ongoing system enhancements to drive efficiency and accuracy in financial operations.

Responsibilities

• Process high-volume vendor invoices accurately and in compliance with company policies.
• Review invoices for proper coding, approvals, and supporting documentation.
• Monitor and resolve invoice discrepancies, including price/quantity variances, missing PO numbers, and matching issues.
• Reconcile vendor statements and follow up on outstanding items.
• Act as a point of contact for internal stakeholders and external vendors regarding invoice status, payments, and issue resolution.
• Manage shared inboxes, ensuring timely and professional responses.
• Support month-end close activities, including AP analysis and reporting.
• Identify trends in recurring issues and recommend process improvements.
• Assist with audit requests by providing documentation and explanations as needed.
• Support standardization and optimization of Shared Services processes.
• Ensure adherence to internal controls, financial policies, and compliance requirements.
• Participate in system enhancements, testing, and continuous improvement projects

Job description

Key Responsibilities

Accounts Payable Operations

• Process high-volume vendor invoices accurately and in compliance with company policies.
• Review invoices for proper coding, approvals, and supporting documentation.
• Monitor and resolve invoice discrepancies, including price/quantity variances, missing PO numbers, and matching issues.
• Reconcile vendor statements and follow up on outstanding items.

Customer & Vendor Support

• Act as a point of contact for internal stakeholders and external vendors regarding invoice status, payments, and issue resolution.
• Manage shared inboxes, ensuring timely and professional responses.

Reporting & Analysis

• Support month-end close activities, including AP analysis and reporting.
• Identify trends in recurring issues and recommend process improvements.
• Assist with audit requests by providing documentation and explanations as needed.

Process Improvement & Controls

• Support standardization and optimization of Shared Services processes.
• Ensure adherence to internal controls, financial policies, and compliance requirements.

Participate in system enhancements, testing, and continuous improvement projects