AP - Associate at S&P Global

Penang, Malaysia

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Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial ServicesIndustries

Requirements

5-8 years of relevant, hands-on experience in a global Accounts Payable role with a focus on transactional processing and month-end close activities
Good, practical understanding of accounts payable principles, three-way matching, and general accounting concepts
Proactive, solution-oriented mindset with the ability to identify and implement effective resolutions for transactional issues
Strong analytical skills to manage and interpret AP data
Strong technological proficiency (e.g., in relevant AP systems)

Responsibilities

Execute end-to-end accounts payable lifecycle for high-volume transactions, from invoice receipt and verification to preparation for payment processing
Review and validate vendor invoices, Purchase Orders, and Travel & Expense (T&E) claims, verifying VAT/Tax rates, registration numbers, and applicability based on supplier jurisdiction
Ensure all invoice processing and transactions comply with internal AP policies, financial regulations, and internal controls
Maintain good understanding of Vendor Master Data to ensure controls and data integrity for payment and compliance
Execute routine disbursement processes, ensuring timely and accurate vendor invoice and T&E payment cycles
Assist in preparing and analyzing AP reports, including aging reports and vendor metrics, for management insights on cash flow, month-end close, and operational performance
Contribute to generating key operational metrics, such as Average Invoice Processing Time, Days Payable Outstanding, and First Pass Match Rate
Support internal and external audits by gathering and providing transactional documentation, explanations, and analysis
Serve as primary point of contact for internal stakeholders and external vendors to resolve complex transactional payment and invoice-related issues
Proactively identify opportunities to streamline routine AP processes and support implementation of new systems or technologies
Collaborate with teams like Treasury, Group Financial Control, and Legal Entity Control to address ad-hoc financial and operational challenges at a transactional level

Skills

Key technologies and capabilities for this role

Accounts PayableInvoice ProcessingVendor ManagementT&E ClaimsVAT/Tax CompliancePurchase OrdersVendor Master DataFinancial Regulations

Questions & Answers

Common questions about this position

What is the work location for this Accounts Payable Associate role?

The position is based in Penang, Malaysia.

What are the work hours for this position?

The role requires working UK Shift hours.

What key skills are needed for the Accounts Payable Associate role?

Candidates need a strong foundation in AP principles, meticulous attention to detail, and a proactive, problem-solving mindset. Additional requirements include good understanding of Vendor Master Data, compliance with financial regulations, and experience in invoice processing and payment execution.

What is the team culture like for this position?

The Osttra Finance Team is entrepreneurial, highly energetic, flexible, dynamic, and works beyond boundaries to deliver real values. It is a global team based in the UK, India, Penang, Sweden, and US, standing up an independent global finance team.

What makes a strong candidate for this Accounts Payable Associate role?

A strong candidate will have experience in high-volume invoice processing, vendor invoice review and validation, payment execution, issue resolution, and process improvement, along with a focus on compliance and operational metrics.

S&P Global

Provides financial information and analytics services

About S&P Global

S&P Global provides financial information and analytics to a wide range of clients, including investors, corporations, and governments. The company offers services such as credit ratings, market intelligence, and indices, which help clients understand and navigate the global financial market. S&P Global's products work by utilizing advanced data analytics and research to deliver insights that assist clients in making informed decisions and managing risks. Unlike many competitors, S&P Global has a diverse range of divisions, including S&P Global Ratings and S&P Dow Jones Indices, which allows it to cater to various financial needs. The company's goal is to support clients in driving growth while also committing to corporate responsibility and positive societal impact.

New York City, New YorkHeadquarters

1917Year Founded

IPOCompany Stage

Data & Analytics, Financial ServicesIndustries

10,001+Employees

Benefits

Health Insurance

Unlimited Paid Time Off

Professional Development Budget

401(k) Company Match

Family Planning Benefits

Employee Discounts

Risks

Integration challenges with new acquisitions like ProntoNLP may cause operational issues.

Increased competition from AI-driven platforms like Brooklyn Investment Group.

Dependence on volatile credit ratings market could impact revenue stability.

Differentiation

S&P Global integrates advanced AI tools for superior financial analytics capabilities.

The company offers comprehensive ESG solutions, meeting growing sustainability demands.

S&P Global's diverse divisions provide a wide range of financial services globally.

Upsides

Acquisition of ProntoNLP boosts data analytics and sentiment scoring capabilities.

Rising demand for ESG data enhances S&P Global's market position.

Expansion into India strengthens S&P Global's research and insights offerings.

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