Sr Analyst, Accounts Payable

Colgate; Mumbai; On-site; INR 1,000,000 - 1,800,000; Full time

Benefits offered by this job

Relocation assistance offered within 2

Job summary

Colgate-Palmolive is seeking a Senior Analyst focused on Abandoned & Unclaimed Property (AUP) and ledger reconciliations. The role requires deep knowledge of unclaimed property processes, review, verification, and reporting to internal stakeholders.

Responsibilities include month-end reconciliations, escheatment support, and collaboration with HR and accounts payable to resolve uncashed checks while ensuring compliance with corporate policies and state regulations.

Qualifications

• Bachelors in Accounting, Finance or Business Administration.
• 6 years of AP experience; 1–2 years in Unclaimed Property (AUP) preferred.
• Proficient in SAP and Advanced Excel with strong data handling.

Responsibilities

• Execute monthly ledger balance display and reviews; submit reconciliation packages.
• Oversee daily/monthly outstanding disbursals across AP, payroll, and promo checks.
• Perform annual aging reviews and reclassifications for long‑standing liabilities.
• Manage third‑party/vendor and state compliance via MarketSphere and data submissions.

Skills

Attention to detail

Team collaboration

Problem solving

Education

Bachelor's Degree in Accounting/Finance/Business Administration

Tools

SAP

Advanced Excel

Job description

Established in 1806 as a small soap and candle business in New York City, Colgate-Palmolive is now a truly global company with products sold in over 200 countries and territories under such internationally recognized brand names as Colgate, Palmolive, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom's of Maine, Sanex, Ajax, Axion, Soupline, Haci Sakir, Suavitel, PCA SKIN, EltaMD, Filorga and Hello as well as Hill's Science Diet and Hill's Prescription Diet.

Colgate-Palmolive is a leading consumer products company that serves hundreds of millions of consumers worldwide with brands and products across four core businesses – Oral Care, Personal Care, Home Care and Pet Nutrition. We are committed to offering products that make lives healthier and more enjoyable, and programs that enrich communities around the world.

Every day millions of people trust our products to care for themselves and the ones they love. Our goal is to use our technology to create products that will continue to improve the quality of life for our consumers wherever they live.

A career at Colgate-Palmolive is an excellent opportunity if you seek a global experience, constant challenge, and development opportunities in an environment that respects work/life effectiveness.

Relocation Assistance Offered Within Country

Job Number#176184 - Mumbai, Maharashtra, India

Who We Are

Colgate-Palmolive Company is a global consumer products company operating in over 200 countries specializing in Oral Care, Personal Care, Home Care, Skin Care, and Pet Nutrition. Our products are trusted in more households than any other brand in the world, making us a household name!

Join Colgate-Palmolive, a caring, innovative growth company reimagining a healthier future for people, their pets, and our planet. Guided by our core values—Caring, Inclusive, and Courageous—we foster a culture that inspires our people to achieve common goals. Together, let's build a brighter, healthier future for all.

Brief introduction - Role Summary/Purpose:

Sr Analyst with a strong focus on ensuring accurate and efficient knowledge of Abandoned & Unclaimed Property (AUP) and ledger reconciliations.

The ideal candidate should have a comprehensive understanding of corporate unclaimed property processes, including review, verification, and processing of stale/uncashed checks, month-end general ledger reconciliations, and state compliance reporting. Ensuring compliance with corporate policies and statutory regulations, and providing support to internal stakeholders regarding escheatment, due diligence, and ledger submissions.

Responsibilities:

General Ledger & Month-End Reconciliations

Execute monthly ledger balance display and transactional reviews. Monitor and review Colgate AUP General Ledger Account . Prepare and submit official monthly reconciliation packages and detail backup files to internal controllers and global bank reconciliation teams by established closing deadlines. Audit multi-entity monthly bank statements against SAP outstanding check listings to verify clearing values and account numbers.

Daily & Monthly Outstanding Disbursals Oversight

Perform proactive due diligence on stale checks aged 90+ days across Accounts Payable, Payroll/Commissions, Coupon Redemptions, and Consumer Affairs. Collaborate with HR, Accounts Payable, and external payees to research uncashed checks, verify active status, acquire updated legal addresses, and process voids or re-issuances in SAP. Audit Consumer Affairs and promotional check listings against gift card issuance databases to eliminate duplicate payments prior to escheatment.

Annual Reclassifications & Multi-Year Aging

Perform annual aging reviews to reclassify unresolved liabilities older than two fiscal years into centralized balance sheet AUP accounts. Coordinate annual data collection from subsidiary teams (CP Skin Health A/R and A/P, Colgate Consumer Affairs). Conduct specialized audits on JPMorgan and Citibank accounts, applying filtering rules for check number strings, bank explanation codes, and void history.

Third-Party Vendor & Statutory State Compliance Management

Manage operational relationship with external compliance partner (MarketSphere) across Fall, Spring, and Summer statutory filing cycles. Prepare and upload accurate data submission files into MarketSphere’s secure portal by strict cutoff deadlines. Review preliminary escheatment reports, exemption analyses, and state due diligence mailing responses. Request, verify, and execute seasonal custodial wire transfers (e.g., via M&T Bank) to fund state remittances. Maintain state-by-state due diligence rules, threshold limits, and online negative reporting mandates.

Required Qualifications:

Education: Bachelor's Degree in Accounting, Finance, or Business Administration.

Experience: Overall 6 Years of AP experience and preferably 1-2 years experience in Unclaimed Property (AUP) management

Systems: Proficient in SAP and Advanced Excel

Preferred Qualifications:

Strong Collaboration with global finance, payroll, and vendor management teams.

Good communication skills for conducting due diligence outreach and resolving payee inquiries.

Our Commitment to Inclusion

Our journey begins with our people—developing strong talent with diverse backgrounds and perspectives to best serve our consumers around the world and fostering an inclusive environment where everyone feels a true sense of belonging. We are dedicated to ensuring that each individual can be their authentic self, is treated with respect, and is empowered by leadership to contribute meaningfully to our business.

Equal Opportunity Employer

Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.

Reasonable accommodation during the application process is available for persons with disabilities. Please complete this request form should you require accommodation.

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