Senior Executive- Accounts Payable

Company DescriptionNEC Software Solutions (India) On 1st July 2021, Rave Technologies became NEC Software Solutions India. This change brought us under the global NEC Corporation brand. We are proud to be part of an organisation with 122 years of experience in evolution with technology and innovation.We have more than 30 years of experience in providing end to end IT services across the globe and have earned a reputation for delighting our customers by consistently surpassing expectations and helping them deliver robust, market-ready software products that meet the highest standards of engineering and user experience. Supported by more than 1300 exceptionally talented manpower, we are a hub for offshore support and technology services.We work with diverse industry verticals which include publishing, media, financial services, retail, healthcare and technology companies around the world. Our customers range from two-person startups to $bn listed companies.For more information, visit at www.necsws.com/india.About NEC CorporationNEC Corporation is a Japanese multinational information technology and electronics company, headquartered in Tokyo, Japan. It is recognised as a ‘Top 50 Innovative Company’ globally and the NEC Group globally provides “Solutions for Society” that promote the safety, security, fairness and equality of society. Their main goal is to help create a safer society with their innovations in technologies.NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential.For more information, visit NEC at https://www.nec.com.  Job DescriptionEnsure timely processing of invoices ensuring the invoices are processed correctly and error free taking into account the terms and conditions of contracts. Exercise control on open GRIR, open advances report, critical vendor reportEnsure that the Employees’ and Vendor’s ledger is operated accurately, efficiently and to agreed timescale and ensure that the Employees and Vendors are paid accurately and on time. Accounts Payable Vendor helpdesk knowledge- Handling Query ManagementVerify payable information in the system & highlight any data discrepancyResponsible for documenting bounced and fraudulent payments and notifying the proper authorities as and when such documents are createdRespond to queries in a timely and accurate mannerManaging escalations from vendors including periodical reconciliation of Statement of AccountsAssist on month end closing end to endCreate data trackers for supporting monitoring activitiesEnsuring the SLA on timeline for processing AP Invoices is metPublish Monthly/ weekly reports of the BU that is supportedVendor Analysis & GR/IR Analysis MonthlyAP Ageing Knowledge to ensure debit balance are timely taken careTimely reversal and rectification to be taken careIdentify opportunities for process improvements within the accounts payable functionTransition of new activities, build effective SOPs & train teamEnsure work with business stakeholders to close the AP on time and accurate Understanding on the different types of invoice processing and clearing blocks of AP booksQualificationsHave worked in SAP environment having T-code knowledgeExperience in shared services / customer facing environmentHave fair knowledge of the Procure to Pay ProcessUnderstanding of Standard Operating Procedures (SOP/DTP)Good Word, Excel & PowerPoint skillsGood verbal and written communication skillsSAP working knowledge will be added advantageWell-in Confidence to handle multi-tasking ability and well-verse into itAdditional InformationEducation: Graduate or MBA/Post Graduate bachelor’s in commerce Experience (years): Sr. Executive - Graduate or Postgraduate with 4 to 6 yrs of experienceLocation: Mumbai (Airoli / Worli)Working Hours: 8.5 Hours per day (UK hours), Hybrid