Executive - PTP- Payment processing

NECSWS; Mumbai; Hybrid; INR 600,000 - 800,000; Full time

Job summary

NECSWS in Mumbai is hiring a Sr. Executive responsible for executing timely payments to vendors and employees, ensuring compliance with corporate guidelines. The role requires strong knowledge of SAP, the Procure to Pay process, and excellent communication skills.

This position will begin with a work-from-home arrangement during early morning shifts and will transition to a hybrid model post-transition. Candidates should have 4 to 6 years of relevant experience and the ability to manage multiple tasks effectively.

Qualifications

• 4 to 6 years of experience in an accounts payable or finance role.
• Experience in shared services and customer-facing environments.
• Familiarity with standard operating procedures (SOP/DTP).

Responsibilities

• Execute accurate payments to vendors and employees as per company policies.
• Review and prioritize payments, coordinating with vendors for resolutions.
• Handle reimbursement processes and ensure compliance with company policies.

Skills

SAP environment

Procure to Pay Process

Good verbal and written communication skills

VIM-SAP knowledge

Multi-Tasking ability

SCF knowledge

Payment terms and coordination

Education

Graduate or Postgraduate

Tools

SAP

Job description

Sr.Executive - Graduate or Postgraduate with 4 to 6 yrs 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 prepone 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.

• 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 verbal and written communication skills
• VIM-SAP working knowledge will be added advantage
• Well-in Confidence to handle Multi-Tasking ability and well-verse into it
• Strong knowledge on SCF, Fund-flow estimation, AP Ageing, Domestic and Forex Payment
• Review payment terms, prioritize 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
• 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 executed 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