Analyst

ITC Limited; South 24 Parganas; On-site; INR 279,000 - 424,000; Full time

Job summary

ITC Limited invites an Accounts Payable professional to join our team in India. The role focuses on processing vendor invoices, maintaining precise AP records, monitoring payment schedules, and reconciling accounts with SAP ERP expertise.

You will collaborate with procurement and accounting to ensure accurate, timely transactions. Ideal candidates hold a Bachelor’s degree in accounting/finance, fluency in English, and at least 1.5 years of financial experience in a major company.

Qualifications

• SAP ERP experience is essential.
• Strong accounting knowledge required.
• Data entry and record management skills needed.
• Good communication and time-management skills are required.
• Knowledge of SAP and procure-to-pay processes is important.

Responsibilities

• Receive and process vendor invoices, ensuring accuracy and PO matching.
• Maintain accurate records of all accounts payable transactions.
• Monitor payment schedules and ensure timely payments to vendors.
• Process payments by checks or electronic transfers.
• Reconcile vendor accounts and resolve discrepancies.
• Respond to vendor inquiries on account status and payments.
• Maintain vendor files with up-to-date contact and payment information.
• Follow company policies related to accounts payable processing.
• Collaborate with purchasing and accounting to ensure accurate transactions.
• Perform other duties as assigned to support the accounting team.
• Major experience in SAP ERP is preferred.

Skills

SAP ERP

Accounting knowledge

Data entry

Record management

Good communication skills

Time management

Education

Bachelor’s degree in accounting and/or Finance

Fluency in English (written and spoken)

Minimum 1.5 years of financial experience

Knowledge/Exposure to SAP

Job description

About Us

• Receive and process vendor invoices: This includes reviewing invoices for accuracy, coding invoices with the correct account codes, and verifying that the invoice matches the purchase order.
• Maintain accurate records: Keep accurate and up-to-date records of all accounts payable transactions, including invoices, receipts, and payments.
• Monitor payment schedules: Track payment due dates and ensure that payments are made on time to avoid any late fees or penalties.
• Process payments: Prepare checks or electronic payments to vendors and ensure that they are sent out on time.
• Reconcile accounts: Verify that vendor accounts are accurate and up to date by reconciling accounts and resolving any discrepancies.
• Respond to vendor inquiries: Communicate with vendors to answer any questions they may have about their accounts or payment status.
• Maintain vendor files: Maintain accurate and up-to-date files on all vendors, including contact information, payment terms, and payment history.
• Follow company policies: Adhere to company policies and procedures related to accounts payable processing.
• Collaborate with other departments: Work closely with other departments, such as purchasing and accounting, to ensure that all transactions are processed accurately and efficiently.
• Perform other duties as assigned: Assist with other tasks or projects as needed to support the accounting team.
• Major Experience in SAP ERP

Role Overview/ Job Description

• Receive and process vendor invoices: This includes reviewing invoices for accuracy, coding invoices with the correct account codes, and verifying that the invoice matches the purchase order.
• Maintain accurate records: Keep accurate and up-to-date records of all accounts payable transactions, including invoices, receipts, and payments.
• Monitor payment schedules: Track payment due dates and ensure that payments are made on time to avoid any late fees or penalties.
• Process payments: Prepare checks or electronic payments to vendors and ensure that they are sent out on time.
• Reconcile accounts: Verify that vendor accounts are accurate and up to date by reconciling accounts and resolving any discrepancies.
• Respond to vendor inquiries: Communicate with vendors to answer any questions they may have about their accounts or payment status.
• Maintain vendor files: Maintain accurate and up-to-date files on all vendors, including contact information, payment terms, and payment history.
• Follow company policies: Adhere to company policies and procedures related to accounts payable processing.
• Collaborate with other departments: Work closely with other departments, such as purchasing and accounting, to ensure that all transactions are processed accurately and efficiently.
• Perform other duties as assigned: Assist with other tasks or projects as needed to support the accounting team.
• Major Experience in SAP ERP

Requirements

Requirements/ Ideal Candidate:

• Ensures the delivery of a high quality, customer focused service on a daily basis in accordance with agreed Service Level Agreements.
• India market AP experience preferable
• SAP ERP experience must for the major part of candidate’s experience.
• Good accounting knowledge.
• Data entry skills.
• Record management skills.
• Good communication skills.
• Time management skills.

Qualifications (Education/Experience/Certification)

• Bachelor’s degree in accounting and/or Finance only .
• Fluency in English both written and spoken.
• Minimum 1.5 years of financial experience for major company or division of large corporation.
• Previous experience in procure to pay or accounts payable preferred.
• Knowledge/Exposure to SAP must.