Job Summary
The SME-Accounts Payable role is crucial in managing and optimizing the procure-to-pay process within our finance department. With a focus on efficiency and accuracy the candidate will ensure seamless operations in accounts payable contributing to the financial health of the organization. This role requires a professional with 4 to 6 years of experience in finance offering a dynamic work environment with night shifts.
Responsibilities
- Manage the end-to-end procure-to-pay process to ensure timely and accurate payments to vendors and suppliers.
- Collaborate with cross-functional teams to streamline accounts payable operations and enhance efficiency.
- Analyze financial data to identify trends and opportunities for process improvement within accounts payable.
- Implement best practices in accounts payable to reduce errors and improve transaction accuracy.
- Oversee the reconciliation of vendor statements to ensure all discrepancies are resolved promptly.
- Provide support in month-end closing activities related to accounts payable to ensure accurate financial reporting.
- Develop and maintain relationships with vendors to ensure smooth communication and resolution of payment issues.
- Monitor accounts payable metrics to track performance and identify areas for improvement.
- Ensure compliance with company policies and regulatory requirements in all accounts payable activities.
- Assist in the preparation of financial reports related to accounts payable for management review.
- Utilize finance software tools to automate and optimize accounts payable processes.
- Train and mentor junior staff in accounts payable procedures to build a knowledgeable team.
- Support audits by providing necessary documentation and explanations related to accounts payable transactions.
Qualifications
- Possess a strong understanding of the procure-to-pay process and its impact on financial operations.
- Demonstrate proficiency in finance software tools for accounts payable management.
- Exhibit excellent analytical skills to identify trends and improve processes.
- Have experience in finance and accounting with a focus on accounts payable.
- Show capability in item management to enhance procurement efficiency.
- Display effective communication skills for vendor and team interactions.
- Maintain a detail-oriented approach to ensure accuracy in financial transactions.
The Cognizant community:
We are a high caliber team who appreciate and support one another. Our people uphold an energetic, collaborative and inclusive workplace where everyone can thrive.
- Cognizant is a global community with more than 300,000 associates around the world.
- We don’t just dream of a better way – we make it happen.
- We take care of our people, clients, company, communities and climate by doing what’s right.
- We foster an innovative environment where you can build the career path that’s right for you.
About us:
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant (a member of the NASDAQ-100 and one of Forbes World’s Best Employers 2024) is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com
Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.
Disclaimer:
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.
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