Job Description

Role

: Procure to Pay Analyst

Skill

: Procure to Pay

Experience

: 1 year to 6 years

Job Location

: Kolkata

Shift

: 24*7

Eligibility Criteria:

Minimum 15 years of regular, full-time education (10 + 2 + 3) Non-technical graduation in finance & accounts stream- B.Com, M.Com or similar Should be flexible with night shifts & rotational shifts Candidates must have a registered EP ID

Overview

: We are seeking an experienced Procure to Pay (P2P) Invoice Processing Analyst with 2-4 years of experience in the P2P process and proficiency in ERP systems (e.g., SAP, Oracle, Microsoft Dynamics) to join our finance team.

Key Responsibilities:

Invoice Processing and Verification:
o Review and process vendor invoices in the ERP system, ensuring alignment with POs and goods receipts.
o Resolve discrepancies between POs, invoices, and goods receipts in a timely manner.
o Review and process Non-PO vendor invoices in the ERP system, ensuring alignment with Approvals, DOPs, etc.
o Work with suppliers and internal teams to address invoice-related issues and ensure proper resolution.
o Having Indian Accounting. Ensure compliance with internal policies, GST and TDS regulations.
o Prepare SOP, Process flows.

Accounts Payable and Payment Processing:

o Process payments to vendors in line with payment terms and organizational policies.
o Assist in processing and reconciling accounts payable transactions.
o Monitor payment aging reports and escalate overdue payments to appropriate stakeholders.

Reporting and Analytics:

o Generate and analyse reports related to procurement, payment status, Vendor recon and vendor performance.
o Support month-end closing activities by ensuring all P2P transactions are accurately recorded.
o Provide timely and accurate data for management reviews.
o Handling TAT, Aging and other reports in Tableau.

ERP System Optimization:

o Leverage ERP systems (SAP, VIM, Oracle, etc.) to automate and improve P2P processes.
o Troubleshoot and resolve issues within the ERP system related to the P2P process.

Compliance and Documentation:

o Ensure compliance with internal policies, accounting principles, and regulatory requirements.
o Support internal and external audits by providing requested documentation and data.

Continuous Improvement:

o Proactively identify opportunities for process optimization and cost reduction.
o Collaborate with cross-functional teams to implement improvements.
o Stay up to date with industry best practices and technological advancements.
o Focussed on Automation / AI driven solutions.

Required Qualifications:

Education:
o B. Com (Hons), M.COM, MBA (Finance), CA Inter, ICWA Inter.

Experience:

o Above mentioned years of experience in Procure to Pay (P2P) or Accounts Payable roles.
o Strong working knowledge of ERP systems (SAP, Concur, Oracle, Microsoft Dynamics, etc.).

Skills:

o Having Good Indian Accounting & Tax knowledge (GST & TDS)
o Proficient in Microsoft Excel (pivot tables, VLOOKUP, data analysis).
o Excellent communication skills for interaction with vendors, suppliers, and internal teams.
o Ensuring Work from Office- 100%. Comfortable with 24x7 work environment and office hours as per TCS policy.
o Having Team Handling experience. (Applicable for BPO4).

Preferred Qualifications:

ERP System Expertise:
o In-depth experience with ERP systems, particularly in P2P or Finance modules.
o Familiarity with P2P automation tools and best practices for process optimization.

Industry Experience:

o Previous experience in Indian industries such as manufacturing, retail, or technology that require a high volume of transactions with the deep knowledge on Indian Accounting & Tax (GST & TDS).

Location

Kolkata

Job Function

BUSINESS PROCESS SERVICES

Role

Executive

Job Id

391042

Desired Skills

Finance and Accounting
Desired Candidate Profile

Qualifications

: BACHELOR OF COMMERCE