Job Description

Company Description
Our Parent Organization, NEC Corporation, is a 25 billion Company with offices spread across the globe.
NEC is a multinational provider of information technology (IT) services and products, headquartered in Tokyo Japan with 122 years of experience in evolution with technology and innovation. It is recognized as a 'Top 50 Innovative Company' globally
NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world."
NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential.
NEC Software Solutions (India) Private Limited! is based in Mumbai (Worli & Airoli) and Bangalore with an employee strength of 1500+.
It is one of the foremost providers of end-to-end IT services across various sectors.
We work with diverse industry verticals which include publishing, media, financial services, retail, healthcare and technology companies around the world. Our customers range from two-person startups to $bn listed companies.
We have more than 30 years of experience in providing end to end IT services across the globe and have earned a reputation for delighting our customers by consistently surpassing expectations and helping them deliver robust, market-ready software products that meet the highest standards of engineering and user experience.
Supported by more than 1300 exceptionally talented manpower, we are a hub for offshore support and technology services

Experience- 8-10 yrs

• Ensure timely and accurate processing of vendor invoices, including PO and non-PO invoices.
• Oversee scheduled payment runs and ensure payments are made within agreed terms
• Review and resolve discrepancies between vendor statements and company records
• Act as the point of contact for resolving complex vendor issues and disputes
• Collaborate to resolve PO mismatches, GRN issues, and payment delays
• Provide necessary documentation and support for internal and external audits
• Validate payment proposals before release to ensure accuracy and compliance
• Ensure proper documentation and archiving of invoices, payment proofs, and reconciliations
• Track performance metrics like invoice turnaround time, payment accuracy, and vendor satisfaction
• Identify inefficiencies and lead automation or optimization projects
• Work with treasury or finance teams to align payment schedules with cash flow forecasts
• Verify payable information in the system & highlight any data discrepancy
• Responsible for documenting bounced and fraudulent payments and notifying the proper authorities as and when such documents are created
• Managing escalations from vendors including periodical reconciliation of Statement of Accounts
• Assist on month end closing end to end
• Ensuring the SLA on timeline for processing AP Invoices is met
• Publish Monthly/ weekly reports of the BU that is supported
• AP Ageing Knowledge to ensure debit balance are timely taken care
• Transition of new activities, build effective SOPs & train team
• Good understanding on the end-to-end AP cycle
• Handling the queries from business stakeholders and helping other team members to resolve the quires

Qualifications
Graduate or MBA/Post Graduate bachelor's in commerce
Additional Information
Excellent Communication Skills required.

Skills Required