Smith & Nephew jobs - IC Process Associate

Role Overview: Finance operations role within Smith & Nephew Global Business Services (GBS) 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. Delivers the service to meet SLAs and KPIs and to ensure positive voice of customer feedback

Please include specific internal and external relationships, product focus (if any),regulatory requirements, etc.

Responsibilities: (Please specify % amount against each responsibility)

In line with established SOP’s executes 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.

Undertakes statement reconciliations to identify and resolve issues.

Monitor and resolve aged GRIR/GRNI, Blocked Invoices (MRBR),GIT and PPV.

Takes measures to minimise 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:

Maximising touchless and straight through processing

Maximising on time payment by processing invoices within described payment terms

Maximise PO penetration

Minimise duplicate and overpayments, minimise un-utilised credits

Minimising reliance on local finance and business teams

Drives process standardisation 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.

Assists with training and mentoring team members and QA of transaction quality. Supports Corrective and Preventative measures.

Acts as Team Leader backup.

Proactively identifies areas of opportunity to streamline processes and improve customer service.

Location: Pune

Education: B.Com/M.Com

Licenses/ Certifications: NA

Experience

2-3 Years of AP full cycle AP processing, basic accounting principles.

Experience with working in a global shared service center.

Strong attention to detail focusing on quality and accuracy.

Ability to prioritize while working in a fast-paced environment.

Team player with ability to build relationships and influence team members and wider stakeholders.

Proven problem solving skills.

Excellent English communications skills written and verbal.

Self-starter with the ability to multi-task in a fast-paced environment.

Able to work month end schedules and different shifts.

SAP (ECC6),Microsoft Axapta (2009, 2012),ARIBA, Workflow tools experience preferred.

Continuous Improvement Experience / Lean Methodologies Experience Preferred.

Proficiency in MS office suite.