Skill required: Procure to Pay - Invoice Processing

Designation: Procure to Pay Operations Associate

Qualifications:BCom/MCom

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

You will be aligned with our Finance Operations vertical and will be helping us in determining financial outcomes by collecting operational data reports, whilst conducting analysis and reconciling transactions.
boosting vendor compliance cutting savings erosion improving discount capture using preferred suppliers and in confirming pricing and terms prior to payment Responsible for accounting of goods and services through requisitioning purchasing and receiving Also look after order sequence of procurement and financial process end to end The Accounts Payable Processing team focuses on designing implementing managing and supporting accounts payable activities by applying the relevant processes policies and applications The team is responsible for timely and accurate billing and processing of invoices managing purchase and non purchase orders and two way and three way matching of invoices
Refers to the systematic handling and management of incoming invoices within a business or organization.
It involves tasks such as verifying the accuracy of the invoice, matching it with purchase orders and delivery receipts, and initiating the payment process.
Automated systems and software are often employed to streamline and expedite the invoice processing workflow, improving efficiency and reducing the likelihood of errors. What are we looking for
Function Finance and Accounting Procure to Pay PTP Accounts Payable
Qualification BCom BBA MCom MBA Finance or equivalent
Relevant years of hands on experience in PTP AP operations
Good understanding of the end to end Procure to Pay cycle
Working knowledge of SAP or another ERP system
Good knowledge of MS Excel including basic reporting and data analysis
Understanding of PO Non PO invoices GR SES payment terms vendor reconciliation and invoice exceptions
Good analytical and problem solving skills
Strong attention to accuracy controls and compliance
Good written and verbal communication skills
Ability to manage volumes and deliver within deadlines Roles and Responsibilities:
Process PO and Non PO invoices accurately and within agreed timelines
Perform invoice validation including PO GR SES vendor tax quantity price and payment terms
Perform 2 way and 3 way matching and identify invoice discrepancies
Handle parked blocked rejected and exception invoices and coordinate for timely resolution
Support payment processing payment proposals due date monitoring and payment related queries
Handle vendor supplier queries related to invoice status payments missing information and discrepancies
Perform vendor account reconciliation and follow up on outstanding items
Support GR IR reconciliation aged open item analysis and invoice backlog management
Identify and prevent duplicate invoices payments by following established controls
Meet agreed SLA KPI productivity quality and accuracy targets
Support month end closing activities reporting and required reconciliations
Identify recurring issues and contribute to process improvement and automation opportunities