Procure to Pay Operations New Associate

Accenture PLC; Bengaluru; On-site; INR 300,000 - 360,000; Full time

Job summary

Accenture is seeking a Procure to Pay Operations New Associate in Bengaluru. You will contribute to Accounts Payable processing, collect operational data, and reconcile transactions to ensure accurate supplier payments.

The role involves financial close activities and collaboration with cross-functional teams to improve controls and reporting. The ideal candidate has 0-1 years of experience and a graduation in any field, with a willingness to learn the P2P process within a global professional

Qualifications

• Primary skill required: Accounts Payable Process (P1).
• Experience: 0-1 years in finance/accounts payable.
• Graduation completed or in progress.

Responsibilities

• Align with Finance Operations to collect data reports and perform analysis.
• Reconcile transactions and ensure timely, accurate invoicing and payments.
• Lead monthly/quarterly/annual close activities and review financial statements.
• Maintain GL accounting, balance sheet reconciliations and journal entries.
• Coordinate statutory/regulatory filings and liaise with auditors.

Skills

Accounts Payable Process

Education

Any Graduation

Job description

Skill required:

Procure to Pay - Accounts Payable Process

Designation:

Procure to Pay Operations New Associate

Qualifications:

Any Graduation

Years of Experience:

0 to 1 years

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com

What would you do?

• You will be aligned with our Finance Operations vertical and will be helping us in determining financial outcomes by collecting operational data reports, whilst conducting analysis and reconciling transactions.
• boosting vendor compliance cutting savings erosion improving discount capture using preferred suppliers and in confirming pricing and terms prior to payment Responsible for accounting of goods and services through requisitioning purchasing and receiving Also look after order sequence of procurement and financial process end to end The Accounts Payable Processing team focuses on designing implementing managing and supporting accounts payable activities by applying the relevant processes policies and applications The team is responsible for timely and accurate billing and processing of invoices managing purchase and non purchase orders and two way and three way matching of invoices
• Design, implement, manage and support accounts payable activities for an organization by applying the relevant processes, policies and applications.

What are we looking for?

• Primary skill - Accounts Payable Process - P1

Roles and Responsibilities:

• Financial Accounting & Reporting
• Lead monthly, quarterly, and annual financial close activities.
• Ensure accurate preparation and review of financial statements.
• Oversee general ledger accounting and balance sheet reconciliations.
• Review journal entries, accruals, reserves, and adjustments.
• Perform variance and trend analysis on financial results.Insurance Accounting
• Manage accounting for:
  • o Premium revenue
  • o Claims and loss reserves
  • o Reinsurance transactions
  • o Deferred acquisition costs (DAC)
  • o Unearned premium reserves (UPR)
  • o Investment income
• Ensure compliance with insurance accounting standards and regulatory reporting requirements.
• Regulatory & Statutory Reporting
• Coordinate preparation and submission of statutory and regulatory filings.
• Ensure compliance with insurance regulators and governing bodies.
• Support reporting under US GAAP, IFRS 17, Solvency II, NAIC, or applicable local insurance regulations.
• Liaise with external auditors and regulatory authorities.
• Internal Controls & Governance
• Maintain an effective Internal Control over Financial Reporting (ICFR) framework.
• Ensure compliance with SOX and corporate governance requirements.
• Identify control deficiencies and implement remediation plans.
• Support risk assessments and compliance reviews.
• Audit Management
• Coordinate internal and external audits.
• Prepare audit schedules and supporting documentation.
• Manage audit observations and corrective action plans.
• Act as the primary finance contact for audit-related activities.
• Business Partnership
• Partner with Actuarial, Underwriting, Claims, Treasury, Tax, and FP&A teams.
• Support new product launches and business initiatives from an accounting perspective.
• Provide financial insights and recommendations to leadership.
• Process Improvement & Transformation
• Drive automation, standardization, and process optimization initiatives.
• Any Graduation

Equal Employment Opportunity Statement

All employment decisions shall be made without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.

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