Associate - PTP

Job Title: Associate - Procure to Pay

Location: Kolkata

Department: Finance – Procure to Pay

About the Role:

We are seeking a detail-oriented and proactive Accounts Payable (IP & payments) Processor to support the transition of AP operations for our German business unit into our in-house shared services center. This role is critical in ensuring a smooth migration of processes, maintaining compliance with German accounting standards, and delivering timely and accurate invoice processing in a high-volume environment.

Key Responsibilities:

• Invoice Processing:
• Accurately process vendor invoices in SAP or other ERP systems.
• Ensure compliance with German VAT regulations and company policies.
• Perform 3-way matching of invoices, purchase orders, and goods receipts.
• Vendor Management:
• Handle vendor queries and resolve discrepancies in a timely manner.
• Support onboarding and master data maintenance for German vendors.
• Transition Support:
• Collaborate with transition teams to document (Process maps, SOPs) and standardize AP processes.
• Execute knowledge transfer sessions and process walkthroughs.
• Identify and escalate transition-related risks or issues.
• Reporting & Analysis:
• Assist in AP aging analysis, GRIR reporting and payment forecasting
• Contribute to monthly closing activities.

Qualifications & Skills:

• Bachelor’s degree in Accounting, Finance.
• 5+ years of experience in Accounts Payable, preferably in a shared services or MNC.
• Familiarity with German accounting standards and VAT regulations
• Experience with SAP
• Strong communication skills in English & German language expert to process invoices/ address queries
• Ability to work in a fast-paced, transitioning environment with tight deadlines.
• Strong attention to detail and problem-solving skills.