Procure to Pay Operations Associate

Overview

Procure to Pay Operations Associate within Accenture's Finance Operations vertical, focused on accounts payable processing, vendor compliance and treasury-related financial operations.

What you'll do

• Collect operational data reports, conduct analysis and reconcile transactions to help determine financial outcomes.
• Boost vendor compliance, cut savings erosion, improve discount capture using preferred suppliers, and confirm pricing and terms prior to payment.
• Account for goods and services through requisitioning, purchasing and receiving.
• Manage order sequence of procurement and financial processes end to end.
• Design, implement, manage and support accounts payable activities by applying relevant processes, policies and applications.
• Ensure timely and accurate billing and processing of invoices, manage purchase and non-purchase orders, and perform two-way and three-way matching of invoices.
• Monitor daily cash positions across all bank accounts and manage short-term and long-term liquidity requirements.
• Prepare rolling cash flow forecasts and funding plans, and optimize cash balances and working capital.
• Manage banking relationships and services, review and approve payment runs and treasury transactions, and oversee fund transfers, wire payments and investment settlements.
• Maintain treasury policies, procedures and controls, ensuring segregation of duties and compliance with treasury governance standards.
• Coordinate with the Investment team on surplus fund deployment and monitor investment liquidity and maturity profiles.
• Support capital planning, solvency management and debt facility and financing arrangements.
• Support claim funding requirements, catastrophe event liquidity planning, and reinsurance settlement cash flows and recoverables.
• Coordinate with actuarial and finance teams on reserve funding requirements and monitor regulatory capital and statutory liquidity requirements.
• Identify and manage foreign exchange, interest rate and liquidity risks, and develop risk mitigation and hedging recommendations.
• Monitor treasury compliance limits and policy thresholds, and conduct scenario analysis and stress testing.
• Prepare treasury dashboards and management reports, analyze cash flow trends and forecast variances, and present treasury performance metrics to leadership.
• Support month-end, quarter-end and year-end close activities.

What you'll need

• Any graduation.
• Bachelor's degree in Finance, Accounting, Commerce, Economics, or related field.
• 1 to 3 years of experience.
• Accounts Payable Process skill (primary skill).
• Treasury and cash management.
• Financial risk management.
• Liquidity forecasting.
• Investment management fundamentals.
• Banking operations and payment systems.
• Regulatory and statutory reporting.
• Advanced Excel and financial modeling.
• Treasury Management Systems (TMS), SAP, Oracle, Kyriba, or similar platforms.
• Stakeholder management.
• Strategic thinking.
• Analytical and problem-solving skills.
• Project and change management.
• Team leadership and coaching.
• Strong presentation and communication abilities.

Nice to have

• MBA (Finance), CA, CPA, CFA, or CTP.

Details

• Location: Bengaluru.