Procure to Pay - Accounts Payable Processing
Years of Experience:
10 to 14 years
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 699,000 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
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.
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.
What are we looking for?
•Strong Verbal Communication Skills ,
Strong Understanding of Payment controls ,
Strong Written Communication ,
Good understanding of MS Office ,
Problem Solving attitude ,
Team management ,
Analytical skill ,
Client and other stakeholder management
Logical reasoning and thought process,
Process transition experience ,
Management of SLA and KPIs ,
Process control and compliance ,
Process transformation ,
Ready to work in night shifts ,
Understanding of RPAs .
Knowledge of current technologies in PTP domain
Roles and Responsibilities:
•Creating/validating payment schedule as per business guidelines ,
Process vendor payment runs as per the defined schedule following parameters given in Desktop procedure,
Process urgent payment in agreed timeframe availing all required approvals,
Ensure quality review of the payment proposals. Ensure Pre payment and post payment validations are performed,
Co-ordinate with Vendor master team to manage the invoices/vendor hold,
Confirm Payment run is debited from the bank account,
Ensure next payment runs is performed post bank reconciliation is done by RTR side,
Co-ordinate with banking team to manage payment exceptions and vendor refunds,
Generate payment remittance advice and ensure these are sent to the vendors on timely basis,
Maintaing relevant payment approval audit trail for audit and compliance purposes,
Perform Duplicate audit check ,
Keep documentation update,
Manage periodic audit,
Ensure compliance to policies and procedure,
Ensure adequacy of process controls being in place,