IC Senior Process Associate (Pune, India)

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

This role 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, implements 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, 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, undertake statement reconciliations to identify and resolve issues, resolve aged GRIR/GRNI, Blocked Invoices (MRBR), GIT and PPV.
• Take measures to minimize fraud, understand proposals for payment runs, wire transfers, and EFT/ACH transactions to ensure accurate and timely supplier payments, remittances, and bank clearing.
• 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.
• Contributes to the improvement of the end-to-end process including:
• Maximizing touchless and straight-through processing, on-time payment by processing invoices within the described payment terms, PO penetration.
• Minimize duplicate and overpayments, minimize un-utilized credits, reliance on local finance and business teams
• Drives process standardization and flags exceptions for review and approval.
• Ensures SOP and supporting materials are comprehensive, up to date, and accurate
• Assists with special projects as requested by management, training and mentoring team members and QA of transaction quality. Supports Corrective and Preventative measures.
• Proactively identifies areas of opportunity to streamline processes and improve customer service.
  
  
  

What will you need to be Successful?

• Education: Graduate or Post Graduate Degree - B.Com / M.Com.
• Minimum 2 to 4 Years of experience of full cycle of 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.
• Great teammate with ability to build relationships and influence team members and wider partners with validated problem solvent skills.
• Excellent English communications skills written and verbal.
• Flexible to work in any shift specifically US Shift.
  
  
  

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. Night Shift Allowances.
  
  
  

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