Team Lead- PTP Process Expert

Job Description

Experience- 8-10 yrs

• Ensure timely and accurate processing of vendor invoices, including PO and non-PO invoices.
• Oversee scheduled payment runs and ensure payments are made within agreed terms
• Review and resolve discrepancies between vendor statements and company records
• Act as the point of contact for resolving complex vendor issues and disputes
• Collaborate to resolve PO mismatches, GRN issues, and payment delays
• Provide necessary documentation and support for internal and external audits
• Validate payment proposals before release to ensure accuracy and compliance
• Ensure proper documentation and archiving of invoices, payment proofs, and reconciliations
• Track performance metrics like invoice turnaround time, payment accuracy, and vendor satisfaction
• Identify inefficiencies and lead automation or optimization projects
• Work with treasury or finance teams to align payment schedules with cash flow forecasts
• Verify payable information in the system & highlight any data discrepancy
• Responsible for documenting bounced and fraudulent payments and notifying the proper authorities as and when such documents are created
• Managing escalations from vendors including periodical reconciliation of Statement of Accounts
• Assist on month end closing end to end
• Ensuring the SLA on timeline for processing AP Invoices is met
• Publish Monthly / weekly reports of the BU that is supported
• AP Ageing Knowledge to ensure debit balance are timely taken care
• Transition of new activities, build effective SOPs & train team
• Good understanding on the end-to-end AP cycle
• Handling the queries from business stakeholders and helping other team members to resolve the quires

Qualifications

Graduate or MBA / Post Graduate bachelor’s in commerce

Additional Information

Excellent Communication Skills required.