Senior Associate

Itcportal; Kolkata Metropolitan Area; On-site; INR 700,000 - 1,100,000; Full time

Job summary

Itcportal in India seeks an experienced Accounts Payable specialist to manage procure-to-pay processes, verify invoices, and ensure SLA-compliant payments across vendor networks.

You will collaborate with vendors, finance teams and business partners to resolve queries, maintain vendor master data, and support month-end close with accurate reconciliations.

The role requires English fluency, 5+ years in financial operations, and SAP ERP expertise; prior India market AP experience is preferred.

Qualifications

• Fluent English written and spoken.
• Minimum 5 years of financial experience at a major company or division of a large corporation.
• Previous experience in procure-to-pay or accounts payable is preferred.

Responsibilities

• Support P2P lead to ensure service levels and proper accounting of financial transactions.
• Coordinate with vendors and internal teams to facilitate payments and ensure SLA compliance.
• Manage blocked invoices, balance sheet reconciliations, and timely resolution of overdue items.

Skills

English fluency

Attention to detail

Vendor/customer communication

Education

Bachelor’s degree in accounting/finance

Tools

SAP ERP

Job description

• Support P2P Lead to provide services at expected levels with aclear customer service and escalates exceptions, ensuring properaccounting of financial transactions.
  
• Interacts proactively with all functional areas to ensureappropriate accounting, financial reporting and settlement of liabilitiesare accomplished.
  
• Coordinate with local entities and outsourced activities toprovide seamless service.
  
• Contact Vendors to facilitate payment, ensuring alignment withbusiness partners.
  
• Manage blocked Invoices, assessing risk and proposing actionsin collaboration with business partners and in compliance with policiesand procedures.
  
• Manage direct debits and bill of exchange transactions incollaboration with Reporting and related banks.
  
• Perform Vendor Master Data Maintenance and regular statementreviews, i.e., invoicing in collaboration with Commercial Operations.
  
• Perform balance sheet reconciliations of allocated accounts andensure timely resolution and clean-up of overdue items identified.
  
• Support continuous improvement of services in quality andeffectiveness in close collaboration with line manager and peercolleagues, isolates problem trends and ensures that troubleshootingefforts are completed for recurring problems until permanent solutions arefound.
  
• Process credit card related matters (application, inquiries,dunning process on overdue balances on credit cards), travel requests,advance payment requests and expense reports in line with Company'sExpense Manuals and flags any noncompliance in a timely manner.
  
• Responsible for all accounts payable administrative functionssuch as invoices matching purchase orders, obtaining approvals andentering the invoices in the accounting system.
  
• Review of open purchase orders.
  
• Improve quality of information on vendor invoices.
  
• Preparation of changes in vendor master data.
  

Requirements

Requirements/Ideal Candidate:

• Ensures that the daily activities withinIndividual’s responsibilities are fulfilled properly and timely in accordancewith Desktop Procedures and SLA targets.
  
• Responds to client/vendor queries in timelymanner.
  
• Invoice processing is completed within SLAaccurately and timely.
  
• Invoice Queries are raised in timely mannerto vendors/client for resolution.
  
• Payments are processed accurately and timelyas per agreed SLA.
  
• Provides data for internal and externalaudit.
  
• Ensures Month end activities are completed ontime for smooth closing of AP subledger.
  
• Ensure the errors identified in concurrentaudit are rectified in system in timely manner.
  
• India market APexperience preferable
  
• SAP ERP experiencemust for the major part of candidate’s experience.
  

Qualifications(Education/Experience/Certification):

• Bachelor’s degree in accounting and/or Finance preferred.
  
• Fluency in English both written and spoken.
  
• Minimum 5 years of financial experience for major company ordivision of large corporation.
  
• Previous experience in procure to pay or accounts payablepreferred.