Analyst Merch Payable

Overview

As an Analyst Merch Payable, you will reconcile store and distribution center invoices for prompt and accurate vendor payment and resolve deduction-related disputes while protecting company assets.

What you'll do

• Act as the point of contact for escalated issues on the team.
• Develop consistent process documentation.
• Provide timely, accurate payment to vendors through data analysis, problem solving, initiative, leadership and good communication.
• Complete weekly/monthly reporting and special projects as assigned by the Supervisor or Manager.
• Provide extraordinary customer service to vendors and merchants by resolving disputes.
• Research disputed deductions for shortage, cost differences, markdown allowance reversals, return discrepancies, accounts payable violations, terms/discounts and other miscellaneous vendor issues to establish validity.
• Coordinate research with Merchants, Vendor Relations and Transportation to establish the validity of deductions.
• Handle the daily inflow of generic mailboxes and mails from MPLS, addressing all emails within the stipulated turnaround time.
• Audit details carefully for timely payment of invoices.
• Maintain excellent relations with MPLS by promptly and accurately resolving invoice-related issues.
• Coordinate with the Supervisor to determine resolution.
• Use available reports to identify trends, problems and issues that prevent or delay payment to vendors.
• Communicate issues and facilitate problem resolution with MPLs.
• Receive and review monthly aging reports for assigned Workflow.
• Identify trends associated with delayed vendor payment and work with MPLS to obtain necessary information and documentation.
• Ensure timely processing of payments for all vendors.
• Operate in a team environment and ensure departmental and individual backlog goals are met and maintained.
• Collaborate with stakeholders, the training team, process analysts and management to ensure process stability.
• Share process changes and updates, fill knowledge gaps based on scenarios and ensure necessary team training requirements are completed.
• Receive, research and attempt payment on all past-due invoices while ensuring the team meets its goal.
• Evaluate processes to ensure consistency among the team.
• Help the Supervisor develop and implement a cross-training plan to combine team responsibilities.
• Maintain excellent verbal and written communication between vendors, HQ partners in Minneapolis and other areas of Target.
• Initiate, coordinate and lead meetings between teams, Merchandising, vendors and/or other areas of Target.
• Complete weekly/monthly departmental reporting for backlog figures and carrier issues.
• Forecast trends, analyze volume versus capacity, report time and utilization, prepare quality and control frameworks, and create and maintain business continuity.
• Support new-hire onboarding and orientation.
• Coordinate and/or participate in special projects as assigned by the Manager or Senior Manager.
• Develop productive partnerships with Merchandising, vendors and other areas of Target.
• Learn and understand the process and business of customers.
• Act as a buddy and mentor to new hires and help underperforming team members resolve process-related issues.
• Perform other job duties that may change at any time due to business needs.

What you'll need

• Commerce degree in Accounting & Finance.
• 6+ years’ experience in Accounts Payable and/or Transportation.
• Demonstrated leadership ability.
• Strong decision-making skills.
• Excellent organizational and prioritizing skills.
• Proven excellent communication, interpersonal and teamwork skills.
• Independent and self-motivated.
• High sense of urgency and initiative.
• Advanced Excel and Access database knowledge.
• Hands-on experience with SAP/Mainframe processing systems.
• Excellent negotiation, organizational and problem-solving skills.

Details

• Location: Bangalore, India.