Analyst - Global Accounts Payable - FMCG

Position Title

Analyst- Global Accounts Payable

Function/Group: Finance

Country: India

Location: FSS-Mumbai

Recommended Level: 50

Job Type: Full time

Role Reports to: Manager - Vendor Service Delivery & Projects Geographical

Scope of the Role - Location: Global

Percentage of travel required: 5% 0

Job Overview

Individual will be responsible for managing the Service Delivery of Accounts Payable operations performed by our third-party service provider for GMI International countries, by ensuring flawless service delivery in a consistent and standardized manner. Individual will be responsible for providing strong process expertise from a technical and process perspective to a team of third-party service provider and countries in a hybrid environment. Individual will need to develop a strong partnership with operations team and various stake holders in the countries and headquarter. Participate and assist on projects for new solutions implementation.

Job Responsibilities

90% of Time

- Work very closely with the Manager, Global AP to drive consistent and common approach to Accounts Payable across all global GMI entities.

- Demonstrate Subject Matter Expertise in Accounts Payable process

- Provide direction and guidance to third party AP team based at various locations

- Manage relationship and maximize the level of customer service to internal and external stakeholders

- Manage Accounts Payable escalations

- Assisting in AP activities handled by third party and resolving queries

- Proactively work towards increasing internal controls and process efficiencies

- Report on key metrics, SLA's and KPIs for management

- Monitoring AP activities handled by third party are done in a timely manner with accuracy

- Monitor and ensure third party AP is following the standard procedures

- Review the reporting published by service provider for accuracy and suggest improvements

- Collaborate with third party service provider and countries to ensure accurate and timely resolution

- Ensure clear process documentation is in place, utilized and updated in timely manner

- Support internal/external audits to ensure compliance with GMI and Sarbanes-Oxley requirements

- Develop strong relationships with various business partners including other Mumbai support teams and Minneapolis headquarter teams

- Complete system testing as and when required

- Ensure the systems (SAP & Workflow) are working as designed and co-ordinate with support teams to fix any issues

- Ensure payment disbursement process is functioning smoothly

- Ensure wire payments are made in timely manner

10% of Time

- Identify, initiate, and implement process improvement ideas. Leverage Continues Improvement tools or mindset to identify recurring issues and work towards Institutional Solution.

- Actively participate in team or site events/initiatives

Desired Profile

Education

Minimum Degree Requirements: Bachelors

Preferred Degree Requirements: Masters

Preferred Major Area of Study: Accounting and Finance/Commerce

Experience

Minimum years of related experience required: 6 Years in Accounts Payable

Preferred years of related experience: 6 to 9 Years

Specific Job Experience or Skills Needed

- Possesses end-to-end Procure-To-Pay knowledge (Preferred experience in US, Europe and Asian markets)

- Should have a strong SAP and SAP-VIM Workflow hands on experience and knowledge of system logics. P2P

- Has hands on experience in PO, NON-PO and Freight invoice processing in SAP

- Has worked in US/Intl Accounting process

- Has proven analytical thinking and problem solving skills

- Has multitasking skills and can prioritize and complete multiple tasks

- Should have experience in system testing and strong knowledge of system logics

- Ability to question, recommend, influence and lead process changes to enhance efficiency and effectiveness for the team and stakeholders

- Advanced MS Office skills preferred (i.e. Word, Excel, PowerPoint)

- Strong interpersonal and communication skills

- Has managed a team of Accounts Payable executives

Competencies/Behaviors required for job

- Delivers outstanding results: through critical thinking, communication, interpersonal effectiveness and business acumen

- Business Process and Analytics: Understand the financial implication & business driver behind them

- Business Partnership: Professional attitude in dealings with clients/customers

- Financial Acumen: Understands accounting practices and implications

- Lead Innovation: Innovate/experiment with new approaches and shifts priority when necessary