Accountant P2P

Requisition ID: 23497

Job Category: Finance & Control

Career level: Specialist

Contract type: Permanent

Location:

Pune, IN

Job Description

Position Title: Accountant P2P

Reports To: Sr. Process Expert - P2P

Role Type: Individual Contributor

Location: Pune

Purpose Of The Role

Will be a key member of the P2P team, responsible for overseeing and executing the end-to-end accounts payable process. Leveraging your expertise in accounts payable, you will contribute to the efficient and accurate processing of invoices, vendor management, and adherence to financial policies.

Responsibilities

Your day-to-day work/ Key Responsibilities

Invoice Processing

• Lead the processing of invoices, ensuring accuracy, completeness, and compliance with company policies.
• Review and approve invoices for payment, resolving discrepancies and exceptions.
  
  

Vendor Management

• Act as a primary point of contact for vendors, addressing inquiries, and maintaining positive relationships.
• Conduct regular vendor statement reconciliations and collaborate on dispute resolution.
  
  

Payment Processing

• Manage the timely and accurate processing of payments, optimizing cash flow and taking advantage of early payment discounts.
• Oversee the reconciliation of payments to ensure accuracy.
  
  

Policy Compliance

• Ensure strict adherence to company policies, accounting principles, and regulatory requirements.
• Stay informed about changes in accounting standards and payment regulations.
  
  

Process Improvement

• Identify opportunities for process improvement within the accounts payable function.
• Implement best practices to enhance efficiency, accuracy, and overall effectiveness.
  
  

Training And Guidance

• Provide guidance and mentorship to junior accounts payable staff.
• Conduct training sessions to enhance the skills and knowledge of the team.
  
  

Reporting And Analysis

• Generate and analyze accounts payable reports, providing insights into trends and areas for improvement.
• Collaborate with finance and management teams on financial analysis.
  
  

Cross-Functional Collaboration

• Collaborate with other departments, including procurement and finance, to optimize end-to-end processes.
  
  

We offer

• A stimulating and challenging job in an international and developing environment
• Opportunity to be part of an experienced and open-minded team
• Get an in-depth knowledge of best in class Finance processes
  
  

Candidate Profile

• 6 to 10 years of professional work experience in account payable (P2P function) bachelor’s degree in accounting, Finance, or related field.
• In-depth knowledge of accounting principles and financial regulations.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities with international stakeholders
• Proficiency in accounts payable software (SAP S4 Hana/ MAPICS/ SARA / Basware/ Payment Factory/ SAP BI reports/ Power BI) and Microsoft Excel
• Experience of working in a Manufacturing Set-up/ Exposure working in a Shared services Centre will be an added advantage
  
  

If interested, please share your updated profile @ [email protected]

About SKF

SKF has been around for more than a century and today we are one of the world’s largest global suppliers of bearings and supporting solutions for rotating equipment. With more than 40,000 employees in around 130 countries, we are truly global. Our products are found everywhere in society. In fact, wherever there is movement, SKF’s solutions might be at work. This means that we are an important part of the everyday lives of people and companies around the world. See more, at www.skf.com.