Senior Process Associate ITP

Senior Process Associate - ITP (Pune, India)

“Life Unlimited” At Smith + Nephew. We design and Manufacture technology that takes the limits off living.

The Senior Process Associate will be responsible for the delivery of effective and efficient finance transactional processes and controls from a GBS centre as described in the S&N Finance Accounts Payable (AP) taxonomy and in line with the Group Finance Manual, Minimum Acceptable Practices (MAPs) and Sarbanes Oxley requirements.

What will you be doing?

• In line with established SOP’s executes End to End AP transactional processing to include:
• Invoice indexing and entry: PO 3-Way, PO 2-Way matching and confirmation, Non PO Invoices - confirmation and approval, Upload approved invoice files directly into ERP and Credit / Debit note processing.
• Works closely with internal and external contacts to investigate and resolve invoice discrepancies and supplier accounts. Performs root cause analysis associated with processing of invoices and purchase orders and provides subsequent reporting.
• Expedites invoices where legitimate reminders, stop and legal notices are received.
• Undertakes statement reconciliations to identify and resolve issues. Takes measures to minimise fraud.
• Assists with month end close data preparation including calculation of accurate accruals where required to ensure all deadlines are achieved.
• Provides voice and email support to suppliers and S&N staff whilst encouraging self-service aby contributing to the improvement of the end to end process including:
• Maximising - touchless and straight through processing, on time payment, booking and payment accuracy.
• Minimise - duplicate and overpayments, minimise un-utilised credits, reliance on local finance and business teams.
• Drives Process standardisation and flags exceptions for review and approval to the team lead and Tower Lead.
• Ensures SOP and supporting materials are comprehensively updated, up to date and accurate with the support of team lead following the timely review mechanism.
• Assists with special projects (if any requested by Tower Manager), training and mentoring team members including new joiners/bottom quartile to support in improving the performance of peers by suggesting best practices.
• Acts as Backup to the Team Leader and support the team lead in Adhoc / urgent requests received from Auditors, Business, internal/external stakeholders etc.
• Proactively identifies areas of opportunity to streamline processes and improve customer service.

What will you need to be Successful?

• Education: B.Com / M.Com / MBA.
• Minimum 4 to 5 Years of AP full cycle AP processing, basic accounting principles.
• Strong attention to detail focusing on quality and accuracy along with having an analytical mind set.
• Ability to prioritize while working in a fast-paced environment with commitment to deliverables.
• Team player with ability to build relationships and influence team members and wider stakeholders with proven problem-solving skills.
• Excellent English communications skills written and verbal.
• Self-starter with the ability to multi-task in a fast-paced environment.
• Able to work month end schedules and different shifts.
• SAP, Microsoft AX and Ariba experience preferred.
• Continuous improvement experience / Lean methodologies experience preferred.
• Proficiency in MS office suite.
• Flexible to work in any shift timing which is defined in S+N.

You. Unlimited.

We believe in creating the greatest good for society. Our strongest investments are in our people and patients we serve.

Inclusion, Diversity and Equity - committed to welcoming, celebration and thriving on Diversity. Learn more about it on our website : https://www.smith-nephew.com/.

Other reasons why you will love it here!

• Your future: Major medical coverage + Policy exclusions and Insurance non-medical limit.
• Education Assistance
• Work / Life balance: Flexible Personal / Vacation time off, Privilege leave, Floater leave etc.
• Your Wellbeing: Parents / Parents in law’s insurance coverage also available.
• Flexibility: Hybrid work model (for most professional roles).
• Extra Perks: Free Cab Transport facility for all employees, one time meal provided to all employees as per shifts.

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