Process Expert ITP

Process Expert ITP (Pune, India)“Life Unlimited” At Smith+Nephew. We design and Manufacture technology that takes the limits off living.The Process Expert will work in close collaboration with multiple stakeholders and is expected to take full ownership for the delivery of the initiatives related to Invoice Processing & Payment run. The person should have deep understanding on overall P2P, GL postings and passing the adjustment entries if needed.What will you be doing?

• Management of the AP end to end processes and responsibility for all associated reporting and analysis. Performs 3-way/2-way matching analysis and open balance review & resolution.
• Support the Transactional Processing and be a point of contact to resolve the complex, escalated, judgmental process challenges which may arise in the P2P process and be the primary contact for Purchasing / Receiving department and supplier.
• Clear understanding of payment process, schedules, review and payment control measures. Audit support on different regional entities, perform and maintain on time payment for all in scope regions.
• Contribution to working capital while driving process efficiency, review and control over sub-ledger open items - >90 days
• Driving process standardization and improvements. Evaluate and critically review monthly accrued expense journal entries. Prepare GL reconciliations for critical accounts and highlight any discrepancies.
• Involve in Month end activities – AP ledger close and period end reporting including sub-ledger and balance sheet reconciliation and review with controller.
• Proactively track AP Supplier related issues, and coordinate with Internal team and other functional owners to ensure timely resolution of identified issues.
• This role will require cross functional collaboration across the business, third party suppliers and operations team thereby providing inputs for driving process improvements.
• Perform ad hoc analyses and support urgent requests including handling highly sensitive situation with respect to process following the compliance map.

What will you need to be Successful?Education: Graduate / Post Graduate – B.Com / M.Com / MBA or equivalent degree in accounting.Min 4-7 years of P2P experience mainly into Accounts Payable (Payments and Invoice Processing) and Exception Handling for APStrong accounting concepts to drive process streamlining initiatives.Ability to think creatively and act operationally to resolve ambiguity in the transaction processing.Should possess a good problem-solving skill.Good English communications skills written and verbal.Should be flexible to work month end schedules and different shifts.Excellent Interpersonal SkillsYou. Unlimited We believe in crafting the greatest good for society. Our strongest investments are in our people and patients we serve.Inclusion, Diversity and Equity – committed to welcoming, celebration and growing on Diversity. Learn more about it on our website: https://www.smith-nephew.com/Other reasons why you will love it here!

• Your future: Major medical coverage + Policy exclusions and Insurance non-medical limit.
• Education Assistance
• Work / Life balance: Flexible Personal / Vacation time off, Privilege leave, Floater leave etc.
• Your Wellbeing: Parents / Parents in law’s insurance coverage also available.
• Flexibility: Hybrid work model (for most professional roles).
• Extra Perks: Free Cab Transport facility for all employees, one time meal provided to all employees as per shifts. Night Shift Allowances.

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