Senior Executive - PTP- Payment processing

Location: Navi Mumbai, MH, India
Department: Information Technology

Job Description

Sr. Executive - Graduate or Postgraduate with 4 to 6 yrs of experience 

Working Hours: 8.5 hours/day (Singapore Shift) 
Role Requirements: 

• This position currently requires Work from Home during Early Morning Shift as per project needs. 
• The candidate must be flexible to travel based on business requirements during this period. 
• There may be a prepone in shift timing, which will be reviewed post-transition. 
• Following the transition, the role will shift to a Hybrid Work from Office model, in alignment with company guidelines.

Role Summary: 

The team member is responsible for executing timely and accurate payments to vendors, employees, and other stakeholders in accordance with company policies and contractual terms 

Essential: 

• Have worked in SAP environment having T-code knowledge 
• Experience in shared services / customer facing environment 
• Have fair knowledge of the Procure to Pay Process 
• Understanding of Standard Operating Procedures (SOP/DTP) 
• Good Word, Excel & PowerPoint skills 
• Good verbal and written communication skills 
• VIM-SAP working knowledge will be added advantage 
• Well-in Confidence to handle Multi-Tasking ability and well-verse into it 

Overall Project/Task description 

• Strong knowledge on SCF, Fund-flow estimation, AP Ageing, Domestic and Forex Payment 
• Review payment terms, prioritise payments and co-ordinate with vendors for prompt resolution of payment related issues 
• Verify and approve all new requests/changes to the agreed business processes and policies whilst maintaining high levels of understanding, quality and accuracy 
• Manage the reimbursement process for employees’ expenses including reviewing expense reports, verifying supporting documentation and ensuring compliance with company policies 
• Accounts Payable Vendor helpdesk knowledge- Handling Query Management 
• Verify payable information in the system & highlight any data discrepancy  
• Responsible for documenting bounced and fraudulent payments and notifying proper authorities as and when such documents are created 
• Respond to queries in a timely and accurate manner 
• Create data trackers for supporting monitoring activities 
• Assist team leader in a timely and appropriate manner with regards to Vendor/Employee Payments and payroll activities 
• Accuracy & timelines: Ensure 100% accuracy rate in day-to-day activities to ensure TAT/SLA are met 
• Ensure on Validation, reservation and Finalization of due invoices for payment 
• Mode of payment knowledge and how it gets execute as per process and vendor requirement 
• Ensuring efficient handling of daily business activities and maintaining data integrity. 
• GRIR process having end to end P2P knowledge 
• Knowledge and co-ordination with Treasury process to sync on payment authorization and execution. 
• Identify opportunities for process improvements within the accounts payable function 
• Good understanding of the different types of invoice processing  
• Prepare the AP open items status  
• Good understanding of Sub- ledgers of AP and make sure to take all actions before closing the AP books 

Qualifications

Graduate or Postgraduate

Additional Information

Excellent communication skills

Company Description

NEC Software Solutions (India) 

On 1st July 2021, Rave Technologies became NEC Software Solutions India. This change brought us under the global NEC Corporation brand. We are proud to be part of an organisation with 122 years of experience in evolution with technology and innovation.

We have more than 30 years of experience in providing end to end IT services across the globe and have earned a reputation for delighting our customers by consistently surpassing expectations and helping them deliver robust, market-ready software products that meet the highest standards of engineering and user experience. Supported by more than 1300 exceptionally talented manpower, we are a hub for offshore support and technology services.

We work with diverse industry verticals which include publishing, media, financial services, retail, healthcare and technology companies around the world. Our customers range from two-person startups to $bn listed companies.

For more information, visit at www.necsws.com/india.

About NEC Corporation 

NEC Corporation is a Japanese multinational information technology and electronics company, headquartered in Tokyo, Japan. It is recognised as a ‘Top 50 Innovative Company’ globally and the NEC Group globally provides “Solutions for Society” that promote the safety, security, fairness and equality of society. Their main goal is to help create a safer society with their innovations in technologies.

NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. 

For more information, visit NEC at