Procure to Pay Operations New Associate at Accenture

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Entry Level & New GradExperience Level

Full TimeJob Type

UnknownVisa

Finance, Professional ServicesIndustries

Requirements

BCom/CA Inter/B.B.M qualifications
0 to 1 years of experience
English (International) - Advanced
Understanding of the end-to-end process on invoice processing to identify gaps and resolve invoice exceptions on time
Ability to connect with multiple teams to understand and resolve invoice exceptions
Ability to manage invoice exceptions resulting from Purchase Orders, contacting respective users and teams
Ability to request PO and invoice-related queries with contract holders and advisors for resolution
Understanding of end-to-end Payable processes
Continuous improvement mindset to improve and innovate current processes
Knowledge of standard controls within the accounts payable process
Ability to prioritize team work for efficient service delivery
Ability to deliver against requirements to support client expectations and contractual commitments
Ability to maintain governance structure for seamless operations
Participation in Knowledge Transfer activities, including preparation of Desktop Procedures, Standard Work Instructions, and process maps
Ability to clear all critical invoices without leading to late payments

Responsibilities

Solve routine problems through precedent and referral to general guidelines
Interact primarily within own team and with direct supervisor
Follow detailed instructions on all tasks
Make decisions that impact own work under close supervision
Work as an individual contributor
Align with Finance Operations to determine financial outcomes by collecting operational data/reports, conducting analysis, and reconciling transactions
Boost vendor compliance, cut savings erosion, improve discount capture using preferred suppliers, and confirm pricing and terms prior to payment
Handle accounting of goods and services through requisitioning, purchasing, and receiving
Manage order sequence of procurement and financial process end-to-end
Design, implement, manage, and support accounts payable activities, including timely and accurate billing and processing of invoices, managing purchase and non-purchase orders, and two-way/three-way matching of invoices
Verify accuracy of incoming invoices, match with purchase orders and delivery receipts, and initiate payment process

Skills

Key technologies and capabilities for this role

Procure to PayInvoice ProcessingAccounts PayableFinancial ReconciliationVendor ManagementPurchase OrdersThree-Way Matching

Questions & Answers

Common questions about this position

What qualifications are required for this Procure to Pay Operations New Associate role?

Candidates should have BCom/CA Inter/B.B.M qualifications with 0 to 1 years of experience.

What is the salary or compensation for this position?

This information is not specified in the job description.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What key skills are needed for this role?

Key skills include understanding end-to-end invoice processing and payable processes, managing invoice exceptions by connecting with teams, and a continuous improvement mindset.

What does Accenture's company culture emphasize?

Accenture embraces the power of change to create value and shared success for clients, people, shareholders, partners, and communities, powered by a global network of Advanced Technology and Intelligent Operations centers.

Accenture

Global professional services for digital transformation

About Accenture

Accenture provides a wide range of professional services, including strategy and consulting, technology, and operations, to help organizations improve their performance. Their services assist clients in navigating digital transformation, enhancing operational efficiency, and achieving sustainable growth. Accenture's offerings include cloud migration, cybersecurity, artificial intelligence, and data analytics, which are tailored to meet the needs of various industries such as financial services, healthcare, and retail. What sets Accenture apart from its competitors is its extensive industry knowledge and ability to deliver comprehensive solutions that address both immediate challenges and long-term goals. The company's aim is to support clients in reducing their environmental impact while driving innovation and growth.

Dublin, IrelandHeadquarters

1989Year Founded

$8.5MTotal Funding

IPOCompany Stage

Consulting, Enterprise Software, CybersecurityIndustries

10,001+Employees

Risks

Rapid AI advancements may outpace Accenture's current capabilities, risking competitive disadvantages.

Integration challenges from multiple acquisitions could affect Accenture's operational efficiency.

The rise of AI-driven startups may disrupt Accenture's market share in customer service solutions.

Differentiation

Accenture's acquisitions enhance its capabilities in digital twin technology for financial services.

The company is expanding its expertise in net-zero infrastructure through strategic acquisitions.

Accenture's focus on software-defined vehicles positions it as a leader in automotive innovation.

Upsides

Accenture's investment in EMTECH supports central bank modernization amid digital currency evolution.

The acquisition of Award Solutions boosts Accenture's presence in the growing 5G and IoT markets.

Accenture's strategic acquisitions align with high-growth markets like digital twins and net-zero projects.

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