Job Summary
The Sr. Associate – AP – SSC is responsible for end-to-end Accounts Payable
(P2P) operations within the Shared Services environment. This includes invoice
processing, Payment Processing, Bank reconciliations, Vendor Master Data Creation,
Audit and Compliance with financial controls. ...
The role demands strong operational expertise and the ability to support process
transitions, knowledge transfers, mentoring juniors, and driving improvements within
the AP/P2P processes. Key Responsibilities:
Procure-to-Pay (P2P) Operations & Financial Processing
Perform daily P2P operations, ensuring seamless execution of accounts payable tasks.Ensure timely and accurate processing of vendor invoices in the system.
Maintain accurate transaction records for reporting and audit purposes.
Verify and audit invoices to ensure compliance with internal financial policies and paymentguidelines.
Download invoices from supplier portals and SharePoint for processing.
Monitor and track invoices in the system to reflect real-time processing status.
Ensure proper documentation for each invoice and payment.
Review and approve reimbursement requests.
Escalate unresolved supplier invoice issues and discrepancies to the appropriate teams. Service Delivery & Compliance
Adhere to SLAs, KPIs, and turnaround times (TATs) for transaction processing.
Ensure compliance with P2P policies, internal controls, and regulatory requirements.
Maintain strong relationships with group company counterparts and suppliers to ensure smooth operations.
Coordinate with enablement and support functions to resolve operational challenges.
Maintain audit readiness and proper record-keeping for all P2P transactions.
Participate in daily huddle meetings to align on tasks, priorities, and issue resolution.Supplier & Stakeholder Engagement
Address and resolve supplier/vendor queries in coordination with the front office.
Maintain professional communication with internal and external stakeholders.
Coordinate with vendors and onshore teams to resolve discrepancies. Transition Responsibilities
Participate in Knowledge Transfer (KT) sessions and assist in documenting processes.
Ensure compliance with transition timelines and governance requirements.Collaborate with the transition team to identify and resolve operational gaps.Process Improvement & Development
Identify areas for process optimization and contribute to automation initiatives.
Suggest improvements to enhance operational efficiency and financial controls.
Stay updated on industry best practices and compliance requirements. Key Outputs / Measurable Deliverables:
Accuracy & Timeliness in invoice processing and financial transactions.
Effective resolution of supplier/vendor queries.
Adherence to SLAs, KPIs, compliance, and process guidelines.
Strong collaboration with internal & external stakeholders.
Proactive identification and resolution of process gaps. Technical & Skill-Based Competencies:
Educational Qualifications
Graduate/Postgraduate in Commerce.
Basic MS Office Certification.
experience
13show more Job Summary
The Sr. Associate – AP – SSC is responsible for end-to-end Accounts Payable
(P2P) operations within the Shared Services environment. This includes invoice
processing, Payment Processing, Bank reconciliations, Vendor Master Data Creation,
Audit and Compliance with financial controls.
The role demands strong operational expertise and the ability to support process
transitions, knowledge transfers, mentoring juniors, and driving improvements within
the AP/P2P processes. Key Responsibilities:
Procure-to-Pay (P2P) Operations & Financial Processing
Perform daily P2P operations, ensuring seamless execution of accounts payable tasks.Ensure timely and accurate processing of vendor invoices in the system.
Maintain accurate transaction records for reporting and audit purposes.
Verify and audit invoices to ensure compliance with internal financial policies and paymentguidelines.
Download invoices from supplier portals and SharePoint for processing.
Monitor and track invoices in the system to reflect real-time processing status.
Ensure proper documentation for each invoice and payment. ...
Review and approve reimbursement requests.
Escalate unresolved supplier invoice issues and discrepancies to the appropriate teams. Service Delivery & Compliance
Adhere to SLAs, KPIs, and turnaround times (TATs) for transaction processing.
Ensure compliance with P2P policies, internal controls, and regulatory requirements.
Maintain strong relationships with group company counterparts and suppliers to ensure smooth operations.
Coordinate with enablement and support functions to resolve operational challenges.
Maintain audit readiness and proper record-keeping for all P2P transactions.
Participate in daily huddle meetings to align on tasks, priorities, and issue resolution.Supplier & Stakeholder Engagement
Address and resolve supplier/vendor queries in coordination with the front office.
Maintain professional communication with internal and external stakeholders.
Coordinate with vendors and onshore teams to resolve discrepancies. Transition Responsibilities
Participate in Knowledge Transfer (KT) sessions and assist in documenting processes.
Ensure compliance with transition timelines and governance requirements.Collaborate with the transition team to identify and resolve operational gaps.Process Improvement & Development
Identify areas for process optimization and contribute to automation initiatives.
Suggest improvements to enhance operational efficiency and financial controls.
Stay updated on industry best practices and compliance requirements. Key Outputs / Measurable Deliverables:
Accuracy & Timeliness in invoice processing and financial transactions.
Effective resolution of supplier/vendor queries.
Adherence to SLAs, KPIs, compliance, and process guidelines.
Strong collaboration with internal & external stakeholders.
Proactive identification and resolution of process gaps. Technical & Skill-Based Competencies:
Educational Qualifications
Graduate/Postgraduate in Commerce.
Basic MS Office Certification.
experience
13show more
