Procure to Pay Operations Specialist at Accenture

Gurugram, Haryana, India

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Professional Services, FinanceIndustries

Requirements

BCom qualification
7 to 11 years of experience
Skill in Procure to Pay - Invoice Processing

Responsibilities

Analyze and solve moderately complex problems
Create new solutions, leveraging and adapting existing methods and procedures where needed
Understand strategic direction set by senior management as it relates to team goals
Interact primarily with direct supervisor, and with peers and/or management at client or within Accenture
Receive guidance when determining methods and procedures on new assignments
Make decisions that impact the team
Manage small teams and/or work efforts (if in an individual contributor role) at a client or within Accenture
Work in rotational shifts
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
Manage purchase and non-purchase orders and perform two-way and 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 PayableVendor ManagementPurchase OrdersThree-Way MatchingFinance Operations

Questions & Answers

Common questions about this position

What qualifications and experience are required for the Procure to Pay Operations Specialist role?

Candidates need a BCom qualification and 7 to 11 years of experience. The key skill required is Procure to Pay - Invoice Processing.

What are the main responsibilities of this position?

The role involves invoice processing, including verifying accuracy, matching with purchase orders and receipts, and initiating payments, along with end-to-end procurement processes, accounts payable management, and analysis to boost vendor compliance and improve discount capture.

What is the employment type for this job?

This is a full-time position.

What salary or compensation does this role offer?

This information is not specified in the job description.

What kind of experience makes a strong candidate for this role?

Strong candidates should have experience in analysis and solving moderately complex problems, understanding strategic direction, managing small teams or work efforts, and interacting with supervisors, peers, clients, and Accenture management.

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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