Senior Analyst - Accounts Payable

Job Description

• Accounts Payable Invoice processing – Largely related to Korea & India vendors (South Korea)
• Ensuring invoices are accurate and legitimate before processing them.
• Recording the Invoice in ERP and processing as per Accounting procedures
• 2Way match & 3 Way match Invoices , Utility, Admin and Raw material purchase.
• Ensure Debit Note & Credit Notes are tracked and timely accounted.
• Verifying the details of the invoice on receipt (GRN) and Matching to PO
• Updating Project Code for certain spend categories.
• Run Payment propsal and send request for payment .

Ensure maintains monthly Productivity of minimum 650 Invoices Per month

• Maintain the Invoice Processing Accuracy at 98%
• Ensure the TAT (Turn Around Time) of 3-4 days to process an invoice is Met.
• Ensure No Backlogs are accumulated and invoice processing should be done timely basis.
• Knowledge of USA Tax Rules (will be tested on taxable and non-taxable invoices and the process)

Reconciling

Matching invoices with purchase orders (3 Way Match ) and receipts to identify and resolve discrepancies. Hold Invoices and its resolutions

Review of Invoices

Before posting the invoice AP processor to ensure that the Invoice is accurate and the spending approval and relevant GL codes and Tax information’s are secured in ERP.

Stakeholders Management

Correspond with external and internal customers. Follow SOX, Approval Authority policies Attend ‘Invoice on HOLD’ meeting with Buying team and resolve discrepancies

Month End Responsibilities

• Prepare Accrual Report and record accrual transactions during month end.
• Supporting team members and be a ‘Team player’ and manage the P2P process efficiently

Qualification

Any Graduate in Commerce with 5 plus years of experience .