Accounts Payable - NAR Invoice Processor -Experienced

Job Location - Hyderabad

An Information Technology & Business Shared Services presence is established in Hyderabad, India with the objective of providing information technology application development and support services

Role Description :

The Accounts Payable Associate will play a crucial role in ensuring accurate and timely processing of vendor invoices and payments. This position requires strong analytical skills, attention to detail, and a commitment to maintaining the highest level of accuracy in financial transactions. The ideal candidate will have a solid understanding of accounts payable processes, a proactive mindset, and the ability to work effectively in a fast-paced corporate environment.

Key Responsibilities :

• Process vendor invoices, ensuring accuracy, completeness, and compliance with company policies and procedures.
• Verify invoice details, including prices, quantities, and terms, and resolve any discrepancies or issues with vendors or internal stakeholders.
• Reconcile accounts payable transactions and resolve any discrepancies with vendors or internal departments.
• Collaborate with internal stakeholders to resolve invoices and payment-related inquiries in a timely manner.
• Assist with month-end and year-end closing activities.
• Support the implementation of process improvements to enhance efficiency, accuracy, and controls within the accounts payable function.
• Adhere to financial policies, procedures, and internal controls (SOX) to ensure compliance with regulatory requirements.
• Responsible for GMB - Handle emails and inquiries regarding payment status, discrepancies, and other related issues.
• Maintain regular updates to the invoice processing documentation (SOP).

Basic Qualifications :

• Bachelor’s degree in accounting, finance, or a related field.
• Minimum 4 years of experience in payable accounts processing US/EMEA Purchase invoices in ERP (preferably SAP).
• Strong analytical skills with the ability to analyze and interpret financial data.
• Exceptional attention to detail and accuracy, ensuring high-quality deliverables.
• Proficient in using accounting software and MS Office applications, particularly Excel.
• Excellent organizational and time management skills, with the ability to prioritize and meet deadlines.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
• Knowledge of accounting principles and understanding of accounts payable processes and controls.
• Ability to maintain confidentiality and handle sensitive information with integrity.