Accounts Payable Specialist

Overview

Deloitte LLP, a global leader among the Big Four professional services firms, is seeking an Accounts Payable Specialist in Bangalore. This role supports comprehensive accounts payable functions within a multinational environment including invoice processing, vendor payment management, and financial reporting.

Key Responsibilities

• Accurately process vendor invoices by validating related documentation and promptly resolving discrepancies.
• Post vendor liabilities correctly and ensure invoices are posted timely per defined processes.
• Reconcile vendor and bank accounts, addressing open and unreconciled balances.
• Oversee the complete invoice processing and payment cycle efficiently.
• Manage employee travel and expense claims, conduct audits on high-risk claims, and handle exceptions or escalations.
• Monitor key performance indicators such as SLA and KPI to ensure compliance with performance goals.
• Make timely payments to vendors while conforming to company policies.
• Track aging of unpaid invoices and claims, ensuring resolution within set timelines.
• Generate important financial reports including accounts payable aging and outstanding travel and expense reports.
• Lead initiatives to standardize and continually improve processes to boost operational excellence.
• Implement best practices aimed at improving effectiveness and efficiency of accounts payable operations.
• Support team performance management, assist in hiring process, and contribute to skill development.
• Ensure conformance with company policies, internal financial controls, and regulatory standards.
• Participate in ad hoc finance projects and process enhancement activities.

Candidate Profile

• Possess between 2 to 8 years of experience handling Accounts Payable and Employee Claims, ideally within a shared services setup.
• Excellent command of English, both spoken and written.
• Maintain high precision, reliability, and accountability in daily tasks.
• Strong skills in interpersonal communication and vendor relationship management.
• Exhibit a proactive, dependable approach and work well collaboratively within teams.
• Capable of working independently with a solution-driven and positive attitude.

Eligibility

Applicants should hold a graduate degree or postgraduate qualification, preferably in Commerce or Finance disciplines.