Sr Accounts Payable Analyst

About the Role

We are seeking a highly skilled and experienced Accounts Payable Specialist to manage the company's accounts payable processes, ensuring timely and accurate processing of all accounting-related activities. This role involves crucial accounting and audit-related tasks, ensuring compliance with company policies and regulations, and contributing to the overall efficiency of the finance department.

This position will be based out of UKG's Noida office in India and will report to the Manager of Accounts Payable, also based in Noida. This role will operate during 11:30 AM IST to 8:30 PM IST.

Key Responsibilities

Policy Compliance, Training & Relationships

• Work with various business units to identify their needs and requirements.
• Ensure that Accounts Payable policies and procedures are created, communicated, maintained, and monitored within the organization and with external vendors.
• Build strong internal/external and cross-functional business relationships.
• Respond to vendor inquiries and resolve invoice discrepancies in a timely manner.

Execute Accounting Activities

• Perform pre-Month End workings, Accounts Payable Sub-ledger (APSL) close, and post manual journals accurately within company timelines.
• Payment Processing: Prepare and execute payment runs, including checks, ACH, and wire transfers, while ensuring timely payments to vendors.
• Vendor Management: Maintain positive relationships with vendors, addressing inquiries and resolving discrepancies promptly.
• Audit Support: Assist in internal and external audits by providing necessary documentation and explanations related to accounts payable transactions. Ensure first-time responses and support in preparation for various global audits, proactively communicating any anticipated audit observations.
• Reconciliation: Perform monthly reconciliations of accounts payable ledgers and vendor statements to ensure accuracy and completeness within timelines.
• Reporting: Generate and analyze accounts payable reports, providing insights to management regarding outstanding liabilities and pending accountings.
• Process Improvement: Identify opportunities for process improvements within the accounts payable function to enhance efficiency and accuracy, and ensure best practices are followed.
• Collaboration: Work closely with other departments, including procurement and finance, to ensure seamless operations and communication.
• Mentorship: Support team members and guide on process questions to enhance their learning.
• Process Documentation: Create and update process documentation/Standard Operating Procedures (SOPs) as and when required.

Qualifications

• 5-8 years of work experience in Accounts Payable.
• Bachelor's degree in Accounting or Business.
• Advanced working knowledge of Microsoft Excel is a must, including experience in analyzing data, identifying trends, and suggesting solutions that lead to process efficiency.
• Ability to embrace technology and change management.
• Technical Skills: Proficiency in MS Office, including creating and delivering business presentations.
• Capable of functioning professionally and maturely in a fast-paced, highly interactive work environment.
• Strong people and customer service skills, advocating for positive working relationships among internal and external customers.
• Good project management skills and proven influencing skills with peers and senior management.
• Well-organized, with extreme attention to detail and a self-directed approach.
• Working knowledge of Global Tax nuances will be a plus.
• Reporting experience of basic AP Key Performance Indicators (KPIs).
• Experience with change management, such as process transition/policy changes/ERP transition management, will be a value-add