Harman

Job Description for Accounts Payable - Disbursement

Position in detail

• To process Vendor & Employee payments in SAP after performing the due diligence as per the AP guidelines.
• The candidate will oversee weekly payment run F110 for assigned entities, Indian Accounting is must.
• The individual must be well versed with Forex payment A1 & A2 Payment, custom duty payment and should understand about the upload functionality in bank portals for online payments.
• The candidate will be responsible for payment generation, getting authorization & transmitting files to bank for processing.

This includes maintaining bank correspondence and payment files and following up with banks to ensure that disbursements are successfully made.

• Working with various stakeholders such as Finance Controlling team to clear the bank open reconciliation items before the month end closing.
• The candidate should be well versed in Bank Account Reconciliation, Cash Forecast and Cash Actuals.  
• Help Treasury by Timely communicating on the funding requirement.
• Auditing of high value invoices before the payment run is a must.
• The candidate will be responsible for minimizing the payment rejections to zero by aligning with Supplier Onboarding team & IT.
• Liaising with Travel & Expense Team to ensure all the employee reimbursement gets paid successfully.
• Co-ordinating with AP internal processing Team to clear the open payment entries and request cancellation of unwanted invoices from the Vendor Account.
• Driving disbursement related process improvement. Any other ad-hoc tasks/projects assigned by the Manager.
• Monitor and Review of tasks related to Accounts Payable and Travel and Expense.
• Perform key SOX audit control activities and monitor the process controls.

Requirement

• Candidates should possess a bachelor/master’s degree in accounting
• Minimum of 6 to 8 years’ experience in Accounts Payable Disbursement Process
• Experience in Finance Shared Service Center is preferable
• Experience in SAP FICO is mandatory
• Experience in S4/Hana will be an advantage
• Strong attention to details and focus on accuracy 
• Ability to work independently 
• Good communication skills 

Proficiency in Microsoft Office applications Excel, Word, PowerPoint