Process Associate or Senior Process Associate - Accounts Payable

FMS Solutions; Hyderabad; On-site; INR 450,000 - 650,000; Full time

Benefits offered by this job

CAB transportation

Job summary

FMS Solutions in Hyderabad is seeking an Accounts Payable professional to manage invoice processing, payment execution, and vendor reconciliations. The role emphasizes accurate PO/PO- and non-PO invoice handling, three-way matching, and timely payments to maintain good supplier relationships.

Responsibilities include month-end close support, accruals, and reconciling payable reports with the general ledger. Shift work is required with cab transport for night shifts.

Qualifications

• Strong accounting skills and understanding of the accounting process.
• Ability to work in a multi-client environment.
• MS Office proficiency and good English communication.

Responsibilities

• Process PO/Non-PO invoices and manage invoice processing.
• Execute 2-way/3-way matching and reconciliation.
• Prepare and issue payments (checks, ACH, wire) to vendors on time.
• Reconcile payable reports with GL and vendor statements monthly.
• Support month-end close activities including accruals.

Skills

Accounting knowledge

Multi-client environment

Microsoft Office

English proficiency

Time management

Technology use

Typing speed 30 wpm

Education

B.Com with MBA (Finance)/CA-Inter/ICWA-Inter

Tools

Oracle Financial

Job description

Accounts Payable Responsibilities

• Knowledge Oracle Financial.
• Processed PO/ Non-PO Invoices.
• P2P Cycle 2way match and 3 way match.
• Involved in Invoice processing.
• Handling the PO Holds and contacting the supplier through call/mail to clear holds.
• Invoice Management: Reviewing, verifying, and entering vendor invoices into the accounting system for accuracy.
• Payment Processing: Preparing and issuing payments (via checks, ACH, wire) for goods/services on time to avoid penalties and maintain good vendor relations.
• Three-Way Matching: Verifying invoices against purchase orders (POs) and receiving reports (goods received) before processing payments.
• Reconciliation and Reporting: Reconciling payable reports with the general ledger and reconciling vendor statements monthly.
• Month-End Close Support: Assisting with closing activities, including accruals, to ensure accurate financial reporting.

Skill Requirements

• Strong accounting skills and understanding of the accounting process Ability to work in a multi-client environment Microsoft office skills
• Strong English both verbal and written Time management Effective use of technology.

• Strong accounting skills and understanding of the accounting process Ability to work in a multi-client environment.
• Microsoft office skills
• Strong English both verbal and written.
• Time management
• Effective use of technology
• Typing Speed 30words per mint

Qualifications

1.2 to 5 years of experience

2.Graduate in Bachelor of Commerce degree with MBA (Finance)/CA-Inter/ICWA-Inter background.

Terms and Conditions

Should be ready to work in shifts

• Should be ready to work in shifts
• General Shift Timings (9:00AM-6:00PM)
• Night Shift Timings ( 6:30PM- 3:30PM ) - No deviataion.
• CAB TRANSPORTATION : Two-way cab facility(only for Night shift).

FMS Solutions India Private Limited :(https://www.fmssolutions.com/eng/)

Location: FMS Solutions India Private Limited JVP Soft, Unit # 5, Software Units Layout | Madhapur| Hyderabad -81

Point of Contact: Meghana