Associate Analyst, Accounts Payable

Title: Associate Analyst, Accounts Payable

Brief introduction - Role Summary/Purpose:

• Associate Analyst with a strong focus on ensuring accurate and efficient accounts payable operations. 

  
  

• He should have a comprehensive understanding of invoice processing, reconciliation, and financial controls, aimed at maintaining high data integrity and supporting timely financial closing. 

  
  

• This role involves not only day-to-day execution but also proactive problem-solving and continuous improvement initiatives

  
  

Responsibilities:

• Review, verify, and post purchase order (PO) and non-PO invoices (both 3rd party and inter-company), ensuring high efficiency and accuracy.

  
  

• Understand and accurately pass Goods in Transit (GIT) and accrual entries during periodic book closings.

  
  

• Perform vendor account reconciliations, resolve discrepancies, and secure necessary sign-offs.

  
  

• Analyze old vendor balances, review debit balances, and resolve issues, including flagging exceptions in open Purchase Orders.

  
  

• Generate, analyze, and clear Goods Receipt/Invoice Receipt (GR/IR) reports, and address Level 2 support inquiries from suppliers and internal customers.

  
  

• Review the SOP periodically and recommend necessary changes as and when needed in consultation with relevant stake holders

  
  

• Timely submission and maintenance of SOX documentation

  
  

• Participate in standardization and continuous improvement initiatives as well as other business partner initiatives 

  
  

• Ensure prompt response to queries of local business

  
  

Required  Qualifications:

• Education: Bachelor's Degree

  
  

• Experience: Minimum of 2+ years in accounts payable or a related finance role.

  
  

• Systems: Proficient in SAP.

  
  

• Taxation: Solid understanding of taxation principles.

  
  

Preferred Qualifications:

• Strong Collaboration

  
  

• Good communication

  
  

• Performing monthly GL analysis & review