Oracle Fusion AP Specialist

Responsibilities and duties across Payable Moules

Invoice processing Manage the entire invoice processing cycle from receipt to payment This includes receiving and entering invoices from suppliers through various methods including the online workbench spreadsheets or integrated intelligent document recognition IDR and OCR technologies

Invoice validation and matching Validate invoices and perform twoway or threeway matching against purchase orders and receipts to ensure accuracy and prevent overbilling

Payment management Initiate and manage payment process requests PPRs for single or multiple invoices This includes scheduling payments based on terms voiding payments handling prepayments and managing supplier refunds

Supplier management Create and maintain supplier records and sites including banking details and payment terms while managing a selfservice portal for vendors

Workflow and approvals Configure and manage invoice approval workflows based on company policies This involves setting up approval hierarchies and rules to ensure proper authorization

Reporting and analytics Utilize Oracle Transactional Business Intelligence OTBI and the Payables Command Center to generate reports analyze spending trends identify exceptions and monitor key performance indicators KPIs

Period close Perform and oversee periodend closing activities for the Accounts Payable module including reconciliation and running necessary reports to ensure accurate financial results

Compliance and auditing Maintain a complete audit trail of all transactions and processes Ensure compliance with internal financial controls tax regulations eg 1099 reporting and regulatory requirements

Issue resolution Troubleshoot and resolve invoice holds payment errors and other transactionrelated issues often collaborating with other teams

Functional Integration experience with relevant Oracle Fusion modules

Oracle Fusion Cash Management CM Used to reconcile bank statements with payments and manage a companys cash positions

Oracle Fusion General Ledger GL Payables transactions such as invoices and payments are automatically accounted for and posted to the General Ledger for financial reporting

Oracle Fusion Tax Ensures the accurate calculation and reporting of all taxrelated information on invoices which is critical for compliance

Oracle Fusion Expenses For processing and reimbursing employee expense reports which integrate with Payables for payment processing

Oracle Fusion Procurement Integrates with Payables to manage the purchase orders POs and receipts used for invoice matching and the overall P2P process

Oracle Fusion BI Publisher OTBI Provides robust reporting capabilities for transactional and historical data analysis