Senior Process Associate - Source to Pay

The Senior Process Associate will be responsible for the accurate and timely processing of invoices, including matching them with purchase orders, delivery receipts, and contracts, ensuring settlement as per payment terms and SLAs. A key aspect involves proactively addressing old and open invoices, reconciling Goods Receipt (GR) positions, and collaborating with relevant stakeholders to resolve discrepancies. The role also requires identifying and implementing process enhancements to boost efficiency and minimize errors, all while adhering to defined quality standards for invoice processing.

Must Have

• Receive, review and process invoices accurately
• Ensure timely settlement of invoices as per payment term
• Ensure invoices are processed within SLA
• Address old/open invoices, ensuring no invoices pending > 30 days
• Analyze open GR positions, reconcile differences, and follow up with stakeholders
• Identify opportunities for process enhancements and implement solutions
• Process invoices with defined quality standards
• End-to-end knowledge of Invoice to Pay
• Proficient communication skills for vendor interactions and internal collaboration
• Proficient time management skills
• Competent in seeking/suggesting process improvement
• Proficient in identifying and solving complex issues and discrepancies
• Expert in invoice processing software, ERP systems, and Microsoft Office Suite
• Proficient in using ERP tools and software like SAP
• Proficient knowledge on national and international tax regulations
• Advanced knowledge in workflow automation logics
• Graduate in Finance Accounting or related field
• 2-3 years of experience in SAP or similar ERP with accounts payable

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 :