This role involves managing the complete Accounts Payable (AP) process with a focus on high-volume invoice processing, ensuring accurate three-way matching between purchase orders, goods receipts, and invoices. The position requires executing weekly payment runs specifically for logistics and retail operations. The candidate will serve as the main point of contact for vendors, addressing and resolving complex billing disputes, discrepancies in freight charges, and issues related to retail rebates and chargebacks. Maintaining accuracy is critical, including performing month-end accruals, reconciling vendor statements, and ensuring master data integrity. Additionally, the role involves identifying inefficiencies within the procure-to-pay (P2P) cycle and supporting automation efforts to streamline processes. Other related tasks and projects may be assigned as needed.
Key Responsibilities
- Manage end-to-end Accounts Payable operations, processing a high volume of invoices with strict adherence to three-way matching (PO/GR/Invoice).
- Execute weekly payment runs for logistics and retail sectors, ensuring timely and accurate payments.
- Act as the primary liaison for vendors, resolving complex billing disputes, freight charge variances, and retail rebate or chargeback issues.
- Perform month-end accruals and reconcile vendor statements to maintain financial accuracy.
- Maintain clean and up-to-date master data related to vendors and transactions.
- Identify bottlenecks and inefficiencies in the P2P cycle and contribute to process improvement and automation initiatives.
- Undertake additional tasks and projects as assigned by management.
Required Qualifications
- Bachelor’s degree or equivalent educational qualification.
- Minimum of 2 years of experience in Accounts Payable, preferably within Retail, E-commerce, or Logistics industries.
- Proficiency in ERP systems such as SAP, Oracle, or NetSuite.
- Advanced Excel skills, including the use of VLOOKUP and Pivot Tables.
- Strong analytical and problem-solving abilities to audit complex logistics bills and negotiate resolutions effectively.
- Excellent verbal and written communication skills to manage vendor relationships professionally and efficiently.
Preferred Qualifications and Benefits
While not explicitly stated, candidates with experience in automation tools or process improvement methodologies will be well-positioned for success in this role. The opportunity to work in a dynamic environment supporting both logistics and retail operations offers valuable exposure and career growth potential.