Executive - PTP- Payment processing

NEC Software Solutions; Mumbai; Hybrid; INR 600,000 - 800,000; Full time

Job summary

NEC Software Solutions in Mumbai is looking for a Sr. Executive to manage vendor and employee payments. Candidates should have 4 to 6 years of experience in a relevant role and be proficient in SAP and office applications.

This position starts with Work from Home, transitioning to a Hybrid model. Strong communication and organizational skills are essential.

Qualifications

• 4 to 6 years of experience in relevant field.
• Knowledge of Standard Operating Procedures (SOP/DTP).
• VIM-SAP working knowledge will be an added advantage.

Responsibilities

• Execute timely and accurate payments to vendors and employees.
• Manage the reimbursement process for employees' expenses.
• Verify payable information in the system & highlight any discrepancies.
• Identify opportunities for process improvements in accounts payable.

Skills

SAP T-code knowledge

Experience in shared services/customer facing environment

Knowledge of Procure to Pay Process

Good Word, Excel & PowerPoint skills

Good verbal and written communication skills

Education

Graduate or Postgraduate

Job description

Job Description

Sr. Executive - Graduate or Postgraduate with 4 to 6 years of experience

Working Hours

8.5 hours/day (Australia Shift)

Role Requirements

• This position currently requires Work from Home during Early Morning Shift as per project needs.
• The candidate must be flexible to travel based on business requirements during this period.
• There may be a pre‑pone in shift timing, which will be reviewed post‑transition.
• Following the transition, the role will shift to a Hybrid Work from Office model, in alignment with company guidelines.

Role Summary

The team member is responsible for executing timely and accurate payments to vendors, employees, and other stakeholders in accordance with company policies and contractual terms.

Essential

• Have worked in SAP environment having T‑code knowledge
• Experience in shared services / customer facing environment
• Have fair knowledge of the Procure to Pay Process
• Understanding of Standard Operating Procedures (SOP/DTP)
• Good Word, Excel & PowerPoint skills
• Good verbal and written communication skills
• VIM‑SAP working knowledge will be added advantage
• Well‑in Confidence to handle Multi‑Tasking ability and well‑versed into it

Overall Project/ Task Description

• Strong knowledge on SCF, Fund‑flow estimation, AP Ageing, Domestic and Forex Payment
• Review payment terms, prioritise payments and coordinate with vendors for prompt resolution of payment related issues
• Verify and approve all new requests/changes to the agreed business processes and policies whilst maintaining high levels of understanding, quality and accuracy
• Manage the reimbursement process for employees’ expenses including reviewing expense reports, verifying supporting documentation and ensuring compliance with company policies
• Accounts Payable Vendor helpdesk knowledge – Handling Query Management
• Verify payable information in the system & highlight any data discrepancy
• Responsible for documenting bounced and fraudulent payments and notifying proper authorities as and when such documents are created
• Respond to queries in a timely and accurate manner
• Create data trackers for supporting monitoring activities
• Assist team leader in a timely and appropriate manner with regards to Vendor/Employee Payments and payroll activities
• Accuracy & timelines: Ensure 100% accuracy rate in day‑to‑day activities to ensure TAT/SLA are met
• Ensure on Validation, reservation and Finalization of due invoices for payment
• Mode of payment knowledge and how it gets execute as per process and vendor requirement
• Ensuring efficient handling of daily business activities and maintaining data integrity.
• GRIR process having end to end P2P knowledge
• Knowledge and co‑ordination with Treasury process to sync on payment authorization and execution.
• Identify opportunities for process improvements within the accounts payable function
• Good understanding of the different types of invoice processing
• Prepare the AP open items status
• Good understanding of Sub‑ledgers of AP and make sure to take all actions before closing the AP books

Qualifications

• Graduate or Postgraduate

Additional Information

Excellent communication skills