Process Associate - Source to Pay

This role involves accurately receiving, reviewing, and processing invoices, ensuring timely settlement and adherence to payment terms. The associate will manage old and open invoices, reconcile GR positions, and follow up with stakeholders. A key aspect is identifying and implementing process enhancements to improve efficiency and reduce errors, all while maintaining defined quality standards.

Must Have

• Receive, review and process invoices accurately
• Match invoices with purchase order, delivery receipt and contract
• Ensure timely settlement of invoices as per payment term
• Ensure invoices are processed on timely manner within SLA
• Address old invoices/open invoices on priority
• Analyze all open GR positions and reconcile differences
• Follow up for open positions with relevant stakeholders
• Identify opportunities for process enhancements
• Recommend and implement solutions to enhance efficiency and reduce errors
• Process the invoice with defined quality standards

Company Description

Bosch Global Software Technologies Private Limited is a 100% owned subsidiary of Robert Bosch GmbH, one of the world's leading global supplier of technology and services, offering end-to-end Engineering, IT and Business Solutions. With over 27,000+ associates, it’s the largest software development center of Bosch, outside Germany, indicating that it is the Technology Powerhouse of Bosch in India with a global footprint and presence in the US, Europe and the Asia Pacific region.

Job Description

Roles & Responsibilities :

Receive, review and process invoices accurately- match invoices with purchase order, delivery receipt and contract

and timely settlement of invoices as per the payment term

Ensure that the invoices are processed on timely manner within SLA

Ensure old invoices/open invoices are addressed on prioirty and no invoices are pending for more than 30 days

Ensure to analyse all the open GR positions and reconcile the differences and followup for open positions with

relevant stake holders

Identify opportunities for process enhancements within the process and recommend and implement solutions to

enhance efficiency and reduce errors

Process the invoice with defined quality standards

Qualifications

Educational qualification:

Graduate in any discipline preferably in Finance Accounting or related field

Experience :

2-3 years of experience in SAP or any similar ERP system with accounts payable or related financial domain

Mandatory/requires Skills :

• Proficient in end to end knowledge of Invoice to pay
• Proficient in communication skills for vendor interactions and internal collaboration
• Proficient in time management skills to manage multiple invoices and tasks efficiently
• Competent in seek out or suggest process improvement and enhance effeciency
• Proficient in identifying and solving complex issues and discripencies
• Expert in invoice processing software, ERP systems and Microsoft office suite
• Proficient in using the ERP tools and software like SAP
• Proficient knowledge on national and international tax regulations
• Advanced knowledge in workflow automation logics

Preferred Skills :

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