• Job Description

  Req#: 21487

  About SKF

  SKF started its operations in India in 1923. Today, SKF provides industry leading automotive and industrial engineered solutions through its five technology-centric platforms: bearings and units, seals, mechatronics, lubrication solutions and services. Over the year’s the company has evolved from being a pioneer ball bearing manufacturing company to a knowledge-driven engineering company helping customers achieve sustainable and competitive business excellence.

  SKF's solutions provide sustainable ways for companies across the automotive and industrial sectors to achieve breakthroughs in friction reduction, energy efficiency, and equipment longevity and reliability. With a strong commitment to research-based innovation, SKF India offers customized value-added solutions that integrate all its five technology platforms.

  About the organization: www.skf.com /in

  SKF Purpose Statement

  Together, we re-imagine rotation for a better tomorrow.

  By creating intelligent and clean solutions for people and the planet

  JOB DESCRIPTION

  Job Title: Accountant P2P

  Role reports to: Sr. Accountant P2P

  Role Type: Individual Contributor

  Location: Pune

  Purpose of the role:

  As a Senior Analyst P2P, you will be a key member of the P2P team, responsible for overseeing and executing the end-to-end accounts payable process. Leveraging your expertise in accounts payable, you will contribute to the efficient and accurate processing of invoices, vendor management, and adherence to financial policies.

  Your day-to-day work/ Key Responsibilities:

  Invoice Processing:

  • Lead the processing of invoices, ensuring accuracy, completeness, and compliance with company policies.
  • Review and approve invoices for payment, resolving discrepancies and exceptions.

  Vendor Management:

  • Act as a primary point of contact for vendors, addressing inquiries, and maintaining positive relationships.
  • Conduct regular vendor statement reconciliations and collaborate on dispute resolution.

  Payment Processing:

  • Manage the timely and accurate processing of payments, optimizing cash flow and taking advantage of early payment discounts.
  • Oversee the reconciliation of payments to ensure accuracy.

  Policy Compliance:

  • Ensure strict adherence to company policies, accounting principles, and regulatory requirements.
  • Stay informed about changes in accounting standards and payment regulations.

  Process Improvement:

  • Identify opportunities for process improvement within the accounts payable function.
  • Implement best practices to enhance efficiency, accuracy, and overall effectiveness.

  Training and Guidance:

  • Provide guidance and mentorship to junior accounts payable staff.
  • Conduct training sessions to enhance the skills and knowledge of the team.

  Reporting and Analysis:

  • Generate and analyze accounts payable reports, providing insights into trends and areas for improvement.
  • Collaborate with finance and management teams on financial analysis.

  Cross-Functional Collaboration:

  • Collaborate with other departments, including procurement and finance, to optimize end-to-end processes.

  We offer

  • A stimulating and challenging job in an international and developing environment
  • Opportunity to be part of an experienced and open-minded team
  • Get an in-depth knowledge of best in class Finance processes

  We expect you to have:

  • 5 to 9 years of professional work experience in account payable (P2P function) Bachelor's degree in Accounting, Finance, or related field.
  • In-depth knowledge of accounting principles and financial regulations.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal abilities with international stakeholders
  • Proficiency in accounts payable software (SAP S4 Hana/ MAPICS/ SARA / Basware/ Payment Factory/ SAP BI reports/ Power BI) and Microsoft Excel
  • Experience of working in a Manufacturing Set-up/ Exposure working in a Shared services Centre will be an added advantage

  Interested candidate/s can share their resume to neha.chawda@skf.com

• About the company

  AB SKF is a Swedish bearing and seal manufacturing company founded in Gothenburg, Sweden, in 1907.

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