Analyst - P2P

9 Minutes ago • 2 Years +
Monetization

Job Description

The Purchase to Pay Coordinator supports P2P processes, ensuring compliance, precision, and efficiency. Responsibilities include documenting transactions, verifying invoice accuracy against purchase orders, maintaining purchase records in accounting systems, and resolving routine issues. The role also involves staying updated on best practices and industry trends to prevent errors and fraud, facilitating smooth purchase processes, and maintaining positive vendor relationships.
Good To Have:
  • Accounting
  • Regulatory Compliance
  • Document Management
  • Data Entry
  • Cash Flow Management
  • Financial Acumen
  • Administrative Support
  • Billing Process
Must Have:
  • Support purchase-to-pay (P2P) processes, ensuring compliance with directives and efficiency.
  • Execute routine assignments professionally, adhering to quality standards and deadlines.
  • Adhere to Internal Control Systems procedures relating to PTP processes.
  • Assist in documenting transactions and maintaining rigorous oversight to safeguard against errors, fraud, and inefficiencies.
  • Support checking invoices against purchase orders and receipts to ensure accuracy.
  • Fill purchase data in accounting and purchase systems for accurate and timely tracking.
  • Assist in addressing and resolving basic routine issues or disputes related to purchases, deliveries, or payments.
  • Bachelors Degree with 2+ Years experience into P2P.

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Job Responsibilities:

  • Supports some tasks to assist with purchase-to-pay (P2P) processes within the assigned scope, ensuring compliance with directives and achieving efficiency within the department.
  • Helps in executing routine assignments professionally, adheres to quality standards and deadlines, ensures that each task is completed with precision and efficiency and meets established requirements and schedules.
  • Adheres to Internal Control Systems procedures relating to the purchase-to-Pay (PTP) processes by meticulously following established procedures and ensuring compliance with industry controls.
  • Assists in documenting transactions, and maintaining rigorous oversight to safeguard against errors, fraud, and inefficiencies throughout the purchase and payment lifecycle.
  • Supports the checking of invoices against purchase orders and receipts to ensure accuracy by confirming that all details match and discrepancies are addressed promptly, ensuring proper documentation and adherence to financial controls.
  • Fills purchase data in accounting and purchase systems to ensure accurate and timely tracking of transactions, facilitating efficient processing and management of purchase activities, and maintaining up-todate records.
  • Assists in addressing and resolving basic routine issues or disputes related to purchases, deliveries, or payments by providing timely support and solutions to ensure smooth purchase processes and maintain positive vendor relationships.
  • Updates knowledge of purchase best practices and industry trends through training, research, and professional development to enhance effectiveness and stay current with evolving standards.

Minimum required Education & Experience : Bachelors Degree with 2+ Years experience into P2P

Preferred Skills:

  • Accounting
  • Regulatory Compliance
  • Document Management
  • Data Entry
  • Cash Flow Management
  • Financial Acumen
  • Administrative Support
  • Billing Process

How we work together

We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week.

Onsite roles require full-time presence in the company’s facilities.

Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.

Indicate if this role is an office/field/onsite role.

About Philips

We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.

If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care here.

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