Accounts Payable Senior Associate

We are currently seeking a dedicated and experienced Senior Accounts Payable Senior Associate to join our shared services team. The ideal candidate will have at least 7 years of experience in accounts payable. As a Senior Accounts Payable Associate, you will play a crucial role in supporting the accounts’ payable function, ensuring accuracy, efficiency, and compliance with company policies and procedures.

Responsibilities :

Process a high volume of invoices accurately and efficiently, ensuring adherence to company policies and procedures.

Perform three-way matching of invoices, purchase orders, and receiving documents to ensure accuracy of billing and payments.

Resolve invoice discrepancies and issues in a timely and professional manner, working closely with vendors and internal stakeholders.

Review and reconcile vendor statements, identifying and resolving any discrepancies or outstanding items.

Assist with month-end and year-end closing activities, including accruals and reconciliation of accounts payable sub-ledger to the general ledger.

Prepare and process payment batches, ensuring timely and accurate payments to vendors.

Maintain vendor master data and ensure compliance with vendor setup and maintenance procedures.

Assist with internal and external audits by providing supporting documentation and resolving audit inquiries.

Identify opportunities for process improvements and efficiencies within the accounts payable function.

Provide training and guidance to junior accounts payable staff as needed.

Qualifications : Fluent English

6+ years of experience in accounts payable

4+ years of experience with SAP

Strong understanding of accounts payable processes, including invoice processing, payment processing, and vendor management.

Proficiency in accounting software and ERP systems, with experience in SAP or Oracle preferred.

Excellent attention to detail and accuracy, with the ability to prioritize and manage multiple tasks effectively.

Strong analytical and problem-solving skills, with the ability to identify and resolve issues independently.

Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.

Ability to work independently and as part of a team in a fast-paced environment.

Experience with international transactions and multi-currency payments is a plus.

Bachelor’s degree in accounting, Finance, or related field is preferred.

Key Components :

• .Invoice Receipt and Verification

Invoice 3 Way Matching

GL & CC Coding and Approval

Data Entry - Booking of Invoice in ERP

Payment Processing - Batches on due dates for EFT / Wire

Record-Keeping for audit trails and Aging / OS / Balance Reporting

Vendor Communication - Inquires / Disputes / Clarifications

Compliance - Tax Regulations (GST / VAT, WHT / TDS) and Internal Controls - SOD / Prevention of over / underpaid and Prevent frauds or errors