Procure to Pay Operations Associate

Skill required: Procure to Pay - Payment Processing Operations
Designation: Procure to Pay Operations Associate
Qualifications:Any Graduation
Years of Experience:1 to 3 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? The incumbent will perform routine and transactional processing within the Accounts Payable function to ensure quality and accurate completion of services and Key Performance Indicators, as defined in the Service Level Agreement Procure to Pay is the process of managing the entire purchasing cycle from ordering goods and services to making the final payment. It includes steps like requisitioning, purchasing, receiving, invoicing, and payment processing. The goal is to ensure efficient and accurate procurement and payment activities. This process helps in maintaining good supplier relationships and controlling costs. Effective Procure to Pay systems streamline operations and improve financial management. keyword includes:- ("Invoice Processing", "PO & Non PO","Vendor Payament","Master Data Managemet", "Vendor Management", "Accounts Payable") Make payments using checks, wire, swift, direct debits etc. as part of invoice processing cycle. Additionally, execute manual payments and automated payment runs, run potential duplicate payments reports and take appropriate action and execute payment related controls.
What are we looking for? • Equipped with a Bachelor Degree from any number and data related field. • At least 1-2 years of working experience in a relevant field. • Transaction Processing Daily/ weekly BAU supports: • Completed emergency payments • Perform manual payments - input payments in Bank portal/ backdrafts • Update the logs as and when payments completed • Adherence of Internal Controls (RACM & SoX requirements) Periodic reports (weekly/ monthly/ quarterly/ bi-annually): • Presenting emergency payment logs to and obtain Finance Director s approval • Planning and scheduling of payment approvers timetable to ensure that authorisation of payments is done before cut-off times Meeting service levels • Complete & release batch payments accordance to payment schedule • Complete & release emergency payments before bank cut-off • Attempt/ addressing Finance Service Desk/Invoice Processing Team/ End Market inqueries within 2 days
Roles and Responsibilities: •• Process Excellence • Assist with new process implementations • Assist in maintenance of Treasury and Account Payable general policies & procedures • Participate in continuous improvement in process efficiency and effectiveness • Ensure internal controls programs are adhered to • Comply with accounting principles, GBS standards and SLAs • Testing of new processes and systems for improved payment processing ESSENTIAL EXPERIENCE, SKILLS AND KNOWLEDGE • Experience in performing the Account Payable, Payment process. • Knowledge in using SAP/Fi Co and other financial systems - Coupa (added advantage) • Knowledge of fundamental accounting concepts, practices and procedures • Knowledge of chart of accounts, profit & loss and balance sheet reports • Knowledge of the inter-company recharge principles and rules • Understanding of general administrative duties and procedures • Ability to assess and promptly resolve problems

Any Graduation

About Accenture

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 791,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities.

Visit us at www.accenture.com 

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