Procure to Pay Operations Associate

Skill required: Procure to Pay - Invoice Processing
Designation: Procure to Pay Operations Associate
Qualifications:BCom/MCom/Master of Business Administration
Years of Experience:1 to 3 years
About Accenture
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 www.accenture.com
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. Refers to the systematic handling and management of incoming invoices within a business or organization. It involves tasks such as verifying the accuracy of the invoice, matching it with purchase orders and delivery receipts, and initiating the payment process. Automated systems and software are often employed to streamline and expedite the invoice processing workflow, improving efficiency and reducing the likelihood of errors.
What are we looking for? Timely and accurate invoice processing. Adhering to internal SLAs and compliance norms. Managing vendor queries and follow-ups. Supporting audit requests and month-end closing. ERP systems (SAP and Coupa) MS Excel (VLOOKUP, Pivot Tables, basic formulas) Understanding of Procure-to-Pay (P2P) cycle Vendor reconciliation and debit balance handling Communication with internal and external stakeholders Knowledge of SOX compliance and audit requirements Basic accounting and tax concepts (e.g., GST, VAT)
Roles and Responsibilities: The Invoice Processor – Associate Level will be responsible for the accurate and timely processing of supplier invoices in compliance with internal controls, company policies, and applicable regulations. This role is critical in ensuring that vendors are paid on time and discrepancies are resolved promptly. ________________________________________ Key Responsibilities: 1. Invoice Processing: o Review and verify supplier invoices for accuracy, proper approvals, and completeness. o Enter and process invoices in the ERP system (SAP and Coupa). o Ensure adherence to 2-way or 3-way match principles (PO, GRN, Invoice). 2. Vendor Management: o Respond to vendor queries via email regarding payment status or invoice discrepancies. o Coordinate with Procurement and Receiving teams to resolve any invoice or payment issues. 3. Reporting & Documentation: o Maintain accurate records of all transactions and ensure proper filing of invoices and supporting documents. o Assist in preparation of reports like invoice aging, debit balance, or direct debit status. 4. Continuous Improvement: o Identify process inefficiencies and suggest improvements. o Participate in system enhancements and testing as required.