Job Overview -
We are seeking a detail-oriented and highly organized Accounts Payable and Faculty payment Specialist to join our Shared Services team. The ideal candidate will be responsible for managing accounts payable processes efficiently and ensuring accuracy in faculty contract management.
Key Responsibilities -
- Accounts Payable: • Process vendor invoices, ensuring accuracy and adherence to company policies.
- • Reconcile supplier statements and address any discrepancies.
- • Maintain organized and up-to-date accounts payable records.
- Vendor Relations: • Communicate effectively with vendors to resolve invoice discrepancies and payment-related issues.
- • Negotiate payment terms and ensure timely payments to vendors.
- Faculty Contract Management: • Oversee the end-to-end process of faculty contracts, including creation, review, execution and payment.
- • Collaborate with the human resources team and finance team to close on an Resident and Visiting Faculty payments.
- Documentation and Compliance: • Ensure all accounts payable and contract-related documentation is complete and complies with relevant regulations and process set by Commercials.
- • Stay informed about changes in regulations and adjust processes accordingly.
- Reporting: • Generate regular reports on accounts payable status and faculty contract compliance.
- • Provide insights into financial and contractual trends to support decision-making.
- Collaboration: • Work closely with the finance team, human resources, and other departments to streamline processes and improve overall efficiency.
• Assist in special projects as needed.
Job Specification
Knowledge / Education
Graduate /Post-Graduate
Essential Skills
- Strong accounting knowledge in both Accounts Receivables & Accounts Payables
- Exposure to ERP- SAP SD
- Good Excel skills
Desirable Experience
Relevant experience of 6-8 years of relevant experience
Qualities for Success
- Proven experience in accounts payable and contract management roles.
- Strong understanding of accounting principles and contract law.
- Excellent organizational and time-management skills.
- Attention to detail and accuracy in handling financial and contractual data.
- Proficient in using accounting software and Microsoft Office Suite.
- Strong communication and negotiation skills.
- Ability to multitask and prioritize tasks effectively.