Job Title: PTP Invoice Processing Analyst

Job Overview

We are looking for an experienced Procure to Pay (P2P) Invoice Processing Analyst with 1–7 years of experience in P2P and Accounts Payable operations. The ideal candidate should have a strong understanding of Indian accounting practices and taxation, including GST and TDS, along with hands-on experience in ERP systems such as SAP, VIM, Oracle, Concur, or Microsoft Dynamics.

The role involves invoice verification and processing, vendor payment management, account reconciliation, reporting, compliance, and process optimization. Candidates should also be comfortable working with reporting tools and supporting automation and AI-driven process improvement initiatives.

Key Responsibilities

1. Invoice Processing and Verification

• Review and process PO and Non-PO vendor invoices using ERP systems.

• Verify invoices against purchase orders, goods receipts, approvals, and Delegation of Powers (DOPs).

• Identify and resolve invoice discrepancies and coordinate with vendors and internal stakeholders.

• Ensure compliance with internal policies and Indian accounting and taxation requirements, including GST and TDS.

• Prepare and maintain Standard Operating Procedures (SOPs) and process flows.

2. Accounts Payable and Payment Processing

• Process vendor payments according to agreed payment terms and organizational policies.

• Support Accounts Payable transaction processing and reconciliation.

• Monitor payment ageing reports and escalate overdue payments.

• Resolve outstanding items and payment-related escalations within defined timelines.

3. Reporting and Analytics

• Generate and analyze reports on procurement, payment status, vendor reconciliation, and vendor performance.

• Prepare and monitor turnaround time (TAT), ageing, and operational reports using Tableau.

• Support month-end closing activities and ensure accurate recording of P2P transactions.

• Provide timely and accurate information for management reporting and decision-making.

4. ERP Systems and Process Optimization

• Use ERP platforms such as SAP, VIM, Oracle, Concur, or Microsoft Dynamics to manage P2P operations.

• Troubleshoot ERP-related issues affecting invoice processing and payments.

• Identify opportunities to streamline workflows, improve efficiency, reduce costs, and minimize manual intervention.

• Support automation and AI-driven initiatives to improve accuracy and productivity.

5. Compliance and Documentation

• Ensure adherence to internal policies, accounting principles, and applicable regulatory requirements.

• Maintain accurate transaction records and supporting documentation.

• Support internal and external audits by providing the required documents and data.

6. Continuous Improvement

• Identify opportunities for process optimization, standardization, and automation.

• Collaborate with cross-functional teams to implement process improvements.

• Stay updated on industry best practices and emerging technologies relevant to P2P operations.

Required Qualifications and Skills

• Experience: 1–7 years in Procure to Pay (P2P) or Accounts Payable operations.

• Education: B.Com (Hons.), M.Com, MBA in Finance, CA Inter, or ICWA Inter.

• P2P Knowledge: Strong understanding of invoice processing, PO and Non-PO invoices, vendor reconciliation, payment processing, and Accounts Payable operations.

• Accounting and Taxation: Good knowledge of Indian accounting practices, GST, and TDS.

• ERP Systems: Hands-on experience with SAP, VIM, Oracle, Concur, Microsoft Dynamics, or similar ERP systems.

• Reporting: Proficiency in Microsoft Excel, including Pivot Tables, VLOOKUP, and data analysis. Tableau experience for TAT, ageing, and operational reporting is required.

• Analytical Skills: Strong problem-solving, discrepancy resolution, analytical thinking, and escalation-handling abilities.

• Communication: Good English communication skills for interacting with vendors, suppliers, and internal stakeholders.

• Documentation: Ability to prepare SOPs, process flows, and audit documentation.

Preferred Qualifications

• In-depth ERP expertise, particularly in P2P and Finance modules.

• Experience with P2P automation tools and process optimization initiatives.

• Experience in high-volume transaction environments, including manufacturing, retail, or technology.

• Exposure to automation and AI-driven process improvement solutions.

Work Flexibility

Candidates must be willing to work 100% from the office in a 24×7 operational environment, as per company policy.

Important Eligibility Information

• Former TCS employees are not eligible to apply.

• PAN and Date of Birth (DOB) are mandatory for employee profile creation.

• Candidates should have relevant P2P or Accounts Payable experience and meet the specified educational requirements.

Apply now to explore an opportunity in P2P invoice processing, Accounts Payable operations, and finance process improvement.