Invoice processing Lead - Hyderabad / Secunderabad, Telangana - Cyient Inc

    Cyient Inc
    Cyient Inc Hyderabad / Secunderabad, Telangana

    1 day ago

    Full time
    Description
    • Manage day-to-day activities within the team Invoice processing, vendor mailbox management and reporting.
    • Reviews Vendor Reconciliation and performs AP quality checks.
    • Monitoring and managing workflow or daily targets to assure timely delivery of agreed SLA's.
    • Perform quality check on the deliverables follows before it is sent to the clients
    • Respond to clients on any process related queries and manage 1st level escalations
    • Develop AP processes to improve productivity and quality of the team.
    • Participate in the new pilots projects & work towards proper transition of knowledge to team.
    • Supervise and train junior staff or new trainees and encourage good follow up skills and work ethic.
    • Creating back-ups for all the tasks
    • Tracking and maintaining metrics for a variety of data includes attendance, productivity, etc.
    • Work with manager to resolve any personnel problems or conflicts that may arise in the team.
    • In addition to administrative responsibilities, the Team leader may be expected to perform follow-up work as well, depending upon the requirement.

    Month-End and Year-End Activities:

    • Participate in month-end and year-end closing processes related to accounts payable.
    • Reconcile accounts payable balances, resolve outstanding issues, and assist in preparing necessary financial reports.
    • Collaborate with the General Ledger team to ensure accurate posting and reporting of accounts payable transactions.
    • Reconcile vendor statements, GIRIR clearing and Debit balances
    • Manage multiple partners including both internal and external
    • As a team leader, you will also supervise and guide your team in daily activities
    • Responsible for process documentation creation for new activities and maintaining existing documentation.
    • Assist team with ad hoc projects, as needed.
    • Assist with audit requests related to the accounts payable function
    • Ensure compliance with internal control procedures, company policies, and relevant regulatory requirements.
    • Assist in internal and external audits by providing necessary documentation and explanations related to accounts payable processes.

    Payments and Disbursements:

    • Prepare and process payments, including checks, electronic transfers, and wire transfers.
    • Ensure accurate and timely disbursements to vendors, employees, and other payees.
    • Coordinate with Treasury or Finance team for cash flow management and funding requirements.

    Requirements:-

    • 8+ years experience in MNC or Large Organisation
    • Earlier experience in AP - India & global environment
    • Experience in Accounting Software - SAP or Others
    • Experience in Concur & Corporate Credit card Programme
    • Excellent Problem solving skills & must be detailed oriented and accuracy maintained
    • Ability to work independently as a part of team
    • Ability to complete work on schedule and meet Organizational goals
    • Strong communication skills (written & verbal)

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