Job Description

About the Opportunity Job Type: Contingent WorkerContract duration : 9 months.Application Deadline: 11 March 2023 Title: Contractor - Purchase to Pay (P2P) Department: Global Procurement Location: Gurgaon Reports To: Manager - P2P Grade : 4 We\'re proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this By working together - and supporting each other - all over the world. So, join our Global Procurement team and feel like you\'re part of something bigger. Department Description Purchase to Pay (P2P) is responsible for the end to end supplier payment process (approx. $700m payments on 70k invoices p.a.) and Travel & Entertainment (T&E) (approx. 20k claims). The department interacts with internal customers (our employees) as well as external customers (approx. 7000 suppliers and 2000 buyers). P2P is a global team and comprises 40+ team members across 3 delivery locations and supporting 59 entities across 23 countries and 7 languages. This department will play a pivotal role in supporting the organisation\'s strategic shift to improving Purchase Order (PO) compliance as a key control in managing cost/spend. Purpose of your role An interesting opportunity has arisen within Fidelity for an experienced P2P Process Lead. The company recently implemented a Global independent Procurement Function and re-designed processes and systems to improve efficiencies and standardise work, we are seeking an experienced purchase to pay specialists to help facilitate and develop these processes in order to achieve the company\'s core strategies. Key Responsibilities Managing helpdesk related activities and able to resolve supplier and internal stakeholder queries as per the given TAT. Processing of supplier invoices for India global regions by ensuring proper accounting, TDS deduction, GST/VAT application. Provide administrative systems support to P2P systems. Preparation of MSME half yearly return in respect of outstanding payments to Micro or Small Enterprises (MSME) exceeding 45 days MSME supplier Delay Interest Payment Calculation and audit Assist in handling different audits related to accounts payable i.e., Statutory Audits, Tax audits and internal audit. Processing of invoices for India global regions by ensuring proper accounting, TDS deduction, GST/VAT application. Ensuring compliance related to Income Tax (TDS) & GST laws related to tax payment, computation, refund, and tax filings. Preparation of MSME half yearly return in respect of outstanding payments to Micro or Small Enterprises (MSME) exceeding 45 days Calculation of MSME supplier Delay Interest Payment Calculation and audit. To implement a culture of risk management including identifying key risks and implementing mitigating controls, regular reviews & monitoring of key risks and controls. Improve the operational systems, processes and policies in support of department priorities -- specifically, supporting better customer experience, relevant management reporting, risk reduction, and efficiency. Run various expense data reports for finance and business per requirements. Assist with month end processing. Ensure process improvements in line with FIL policies. Maintain process documentation. Participation in project such as process/system enhancement and so on Support your managers for all management decisions in relation to work scope and resource arrangements Participation in team rotation program Ad-hoc and other relevant accounting work assigned by supervisor Improve the operational systems, processes, and policies in support of department priorities -- specifically, supporting better customer experience, relevant management reporting, risk reduction, and efficiency. Collaborate effectively across different organisational levels, functions, businesses, and geographies to realise procurement goals and objectives. Quickly develop knowledge of all company procurement systems, processes and critical data elements and standards. Experience and Qualifications B. Com/MBA/PGDM with 5-6 years of Industry experience in P2P/Accounts Payable and Indian taxation. Strong understanding of Procurement operations with in-depth knowledge of Invoice processing by ensuring proper accounting, TDS deduction, GST application. Sound accounting and tax knowledge, detail oriented and good with numbers. Knowledge around compliance related to SEZ and IRN. Should possess in depth knowledge of accounting concepts i.e., Accruals, Amortization, Pre-paid expenses, Month-end closing, GL reconciliation. Should have an eye for details and go into the depth of issues where needed. Good communication - effective written and verbal skills, and presentation skills with attention to details. Flexible with working in multiple time zones. Should have exposure to working in a global environment with an ability to work with people across the globe in different time zones and with different cultures. Flexibility and an open attitude to change. Strong Collaborative Skills, Positive Can-Do Attitude, High Energy Should have a good working knowledge of Microsoft Office suite (Excel, Word, PowerPoint, etc). Knowledge of Oracle Fusion/Concur/JD Edwards /ERP Package would be an added advantage. Feel rewarded For starters, we\'ll offer you a comprehensive benefits package. We\'ll value your wellbeing and support your development. And we\'ll be as flexible as we can about where and when you work - finding a balance that works for all of us. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

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