Process Specialist- Accounts Payable
Rolls-Royce
2 - 5 years
Bengaluru
Posted: 01/05/2025
Job Description
Job Description
Role Requirement/Skills
- Commerce Graduate/ MBA or equivalent degree in finance or accounting.
- 5+ years of relevant working experience in invoicing or similar roles in multinational organisation. Exposure to Indian accounting is preferred.
- Proven experience managing Direct Debit/GIRO transactions, Down Payments, Advance Payments, and Intercompany GR/IR reconciliation.
- Strong track record in handling and resolving complex AP queries.
- In-depth knowledge of AP systems and processes, including VIM, Coupa, and ERP systems.
- Knowledge of Indian Indirect taxes- GST, WHT etc.
- Be meticulous, structured, detail oriented and have a flexible approach.
- Demonstrate initiative and a constant process improvement mindset.
- High attention to detail and a commitment to accuracy.
Responsibilities
- Oversee the VIM invoice processing workflow, ensuring accurate and timely management of invoices.
- Troubleshoot and resolve issues related to VIM processing, providing guidance and support to the AP team.
- Manage Non-PO invoice processing to ensure all invoices are captured, matched, approved, and paid within agreed timelines.
- Collaborate with procurement and other relevant teams to address and resolve issues efficiently.
- Prepare, review, and approve payment proposals, ensuring compliance with financial controls and company policies.
- Coordinate and execute timely payment runs, including managing Direct Debit/GIRO payments.
- Lead the month-end closing process for accounts payable, ensuring all transactions are accurately recorded and reconciled.
- Oversee the management of Direct Debit and GIRO payments, ensuring accurate processing and compliance with banking regulations.
- Manage the processing, monitoring, and clearing of down payments and advance payments.
- Ensure all down payments and advances are properly documented, approved, and reflected accurately in the financial statements.
- Serve as the primary escalation point for complex accounts payable queries, providing resolutions and ensuring high levels of customer satisfaction.
- Ensure that all AP processes comply with internal controls and external regulatory requirements.
Job Category
FinancePosting Date
30 Apr 2025; 00:04About Company
Rolls-Royce is a renowned British multinational engineering company that specializes in manufacturing high-performance power systems, including aircraft engines, marine propulsion systems, and energy solutions. Established in 1906, the company is famous for its luxury automobiles, but its core business today is focused on aerospace, defense, and power systems. Rolls-Royce is a leading supplier of aircraft engines for commercial and military aircraft, and its innovations in turbine technology are highly regarded worldwide. The company is committed to delivering sustainable and efficient solutions that power the next generation of aerospace and energy technologies.
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