The Senior Accounts Payable Associate is responsible for managing end-to-end Accounts Payable operations, ensuring accurate invoice processing, timely vendor payments, and proper reconciliation of supplier accounts. The role supports financial reporting activities, strengthens compliance with internal controls, and drives continuous improvement within the Procure-to-Pay (P2P) function. The ideal candidate has strong AP expertise and experience handling complex transactions in a shared services, global business services, or multinational environment.
Key Responsibilities:
- Review and process supplier invoices, credit notes, and payment requests accurately while ensuring compliance with company policies, approval workflows, and applicable tax regulations.
- Coordinate and execute vendor payments through approved payment methods, including wire transfers, ACH, and checks, ensuring timely settlement of obligations.
- Perform vendor account reconciliations, investigate discrepancies, and collaborate with suppliers and internal stakeholders to resolve issues.
- Support month-end and year-end closing activities, including Accounts Payable reconciliations, accruals, and financial reporting requirements.
- Monitor outstanding payables, analyze aging items, and drive timely resolution or escalation of payment-related issues.
- Maintain accurate vendor master data and ensure data integrity within ERP systems.
- Ensure compliance with internal controls, company policies, and SOX requirements, where applicable.
- Collaborate with Procurement, Treasury, Finance, and other cross-functional teams to support efficient Procure-to-Pay (P2P) operations.
- Provide documentation and support for internal and external audit requirements.
- Identify and implement process improvement opportunities through automation, standardization, and continuous improvement initiatives.
- Support the resolution of complex Accounts Payable issues and provide guidance or knowledge sharing to junior team members when needed.
Qualifications:
- Bachelor's degree in Accountancy, Finance, or a related field.
- 3–4 years of relevant Accounts Payable experience, preferably within a shared services center, global business services, or multinational organization.
- Strong understanding of end-to-end Procure-to-Pay (P2P) and Accounts Payable processes.
- Hands-on experience with ERP systems such as SAP, Oracle, NetSuite, or similar platforms.
- Working knowledge of local and international tax requirements, including VAT and withholding tax.
- Advanced proficiency in Microsoft Excel, with the ability to analyze and interpret financial data.
- Strong analytical, problem-solving, and organizational skills with excellent attention to detail.
- Effective communication and stakeholder management skills, with the ability to collaborate across multiple teams and functions.
- Experience with AP automation tools or technologies such as RPA, Power Automate, or Alteryx is a plus.
- Experience supporting Procure-to-Pay (P2P) transformation or continuous improvement initiatives is preferred.
