Job Description
About Lowe’s
• About the Team
Accounts Payable activity involves the management of a company's outstanding bills and invoices. This includes receiving and recording invoices from vendors, verifying the accuracy of the invoices against purchase orders and contracts, and ensuring timely payment to suppliers. Accounts Payable departments often handle vendor inquiries, resolve discrepancies, and maintain records of all transactions.
• Job Summary:
The Associate role focuses on coding and processing of A/P invoices, reviewing for proper documentation and approval, analyzing invoices received and input invoices into Accounts Payables system, communicate with vendors and resolves questions or discrepancies.
• Roles & Responsibilities:
• Core Responsibilities:
- Ensure 100% completion of the assigned processes tasks within TAT/SLA and accuracy percentage of +8%
- Meet the assigned deliverables of processing on multiple type of invoices and ensure to meet the productivity goal of 100% for self and the team.
- Stay 100% productive by taking process ownership and deliver KPI's to ensure consistent performance.
- Proactively identify opportunity areas for process improvement and propose initiatives to add value to the business.
- Support the additional workload within or beyond the respective processes as and when required.
- All the suggestions shall be routed through appropriate channel or governance structure to implement any ideas.
- Understand the importance of control checks and reinforce it to have zero tolerance to errors.
- Maintaining an effective communication bridge between various stakeholders and team for efficient workings.
- Follow the escalation matrix and keeping the ops lead/managers informed on all process changes/escalations in advance.
- Works in collaboration with Senior Associates and Specialist to understand challenges/concerns.
- Right level of connect between SSCB and LPS (US) team for having a better communication and collaboration.
- Automation / RCA ideas/ Process standardization or process autonomy
• Years of Experience:
- 2-3 years relevant experience in the domain of P2P and Expense Invoice processing domains OR
- Relevant work experience in Finance and accounting, invoice processing, accounts payables or related roles for total of 3 + year experience in lieu of education
- Experience in vendor statement reconciliation.
• Education Qualification & Certifications (optional)
• Required Minimum Qualifications:
- Bachelor of Commerce (Accounting & Finance)
• Skill Set Required
• Primary Skills (must have)
- Experience of invoice processing, working on ERP/or other related systems and accounting knowledge
- Experience working with Excel and other data/reporting tools.
- Excellent writing and communication skills.
- Experience of stakeholder/client management and trainer work.
- Excellent problem-solving and time management skills
- Experience in vendor statement reconciliation.
- Lowe's is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, ****** orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law._
• About the Team
Accounts Payable activity involves the management of a company's outstanding bills and invoices. This includes receiving and recording invoices from vendors, verifying the accuracy of the invoices against purchase orders and contracts, and ensuring timely payment to suppliers. Accounts Payable departments often handle vendor inquiries, resolve discrepancies, and maintain records of all transactions.
• Job Summary:
The Associate role focuses on coding and processing of A/P invoices, reviewing for proper documentation and approval, analyzing invoices received and input invoices into Accounts Payables system, communicate with vendors and resolves questions or discrepancies.
• Roles & Responsibilities:
• Core Responsibilities:
- Ensure 100% completion of the assigned processes tasks within TAT/SLA and accuracy percentage of +8%
- Meet the assigned deliverables of processing on multiple type of invoices and ensure to meet the productivity goal of 100% for self and the team.
- Stay 100% productive by taking process ownership and deliver KPI's to ensure consistent performance.
- Proactively identify opportunity areas for process improvement and propose initiatives to add value to the business.
- Support the additional workload within or beyond the respective processes as and when required.
- All the suggestions shall be routed through appropriate channel or governance structure to implement any ideas.
- Understand the importance of control checks and reinforce it to have zero tolerance to errors.
- Maintaining an effective communication bridge between various stakeholders and team for efficient workings.
- Follow the escalation matrix and keeping the ops lead/managers informed on all process changes/escalations in advance.
- Works in collaboration with Senior Associates and Specialist to understand challenges/concerns.
- Right level of connect between SSCB and LPS (US) team for having a better communication and collaboration.
- Automation / RCA ideas/ Process standardization or process autonomy
• Years of Experience:
- 2-3 years relevant experience in the domain of P2P and Expense Invoice processing domains OR
- Relevant work experience in Finance and accounting, invoice processing, accounts payables or related roles for total of 3 + year experience in lieu of education
- Experience in vendor statement reconciliation.
• Education Qualification & Certifications (optional)
• Required Minimum Qualifications:
- Bachelor of Commerce (Accounting & Finance)
• Skill Set Required
• Primary Skills (must have)
- Experience of invoice processing, working on ERP/or other related systems and accounting knowledge
- Experience working with Excel and other data/reporting tools.
- Excellent writing and communication skills.
- Experience of stakeholder/client management and trainer work.
- Excellent problem-solving and time management skills
- Experience in vendor statement reconciliation.
- Lowe's is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, ****** orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law._
💡 Quick Summary
Seeking a career-building opportunity? The Ind associate, Accounting position is now open for candidates interested in the Accountant Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.