Process Associate ITP - Pune“Life Unlimited” At Smith+Nephew. We design and manufacture technology that takes the limits off living.The Process Associate is required to deliver effective and efficient finance transactional processes and controls from a GBS Centre as described in the Finance Accounts Payable (AP) taxonomy and in line with the Group Finance Manual, Minimum Acceptable Practices (MAPs) and Sarbanes Oxley requirements.
What will you be doing?Perform the payment run processing, fostering excellent stakeholder relationships, and ensuring service delivery excellence.Ensure accurate and timely payments to suppliers and other parties in accordance with contractual terms and payment schedules, while minimizing delays and avoiding penaltiesCoordinate payment processing to effectively handle cash flow and working capital, collaborating with other departments, and optimizing cash management strategies.Strengthen relationships with strategic suppliers through proactive engagement, negotiating favorable payment terms, exploring early payment discounts, and enhancing partnerships.Address payment-related inquiries promptly, provide exceptional service, and foster strong relationships with suppliers and stakeholdersPromote electronic payment solutions to automate the payment process, reduce reliance on manual checks, accelerate payment cycles, and improve cash flow management.Drive continuous improvement by identifying bottlenecks, optimizing workflows, and implementing process enhancements in collaboration with partners.Ensure compliance with MAPs, SOX regulations, and handle internal / external audits related to Payments Processing, addressing control deficiencies and mitigating risks.Strengthen controls and risk management practices within the payment processing process, ensuring regulatory compliance and data security.
What will you need to be Successful?- Minimum 1 to 3 Years of AP full cycle AP Payment processing, experience of working in a global shared service Centre.
- Strong attention to detail focusing on quality and accuracy, ability to prioritize while working in a fast paced environment.
- Great teammate with ability to build relationships and influence team members and wider partners.
- Excellent English communications skills written and verbal.
- Able to work month end schedules and different shifts.
- SAP (ECC6), Microsoft Axapta (2009, 2012), Ariba experience preferred.
- Proficiency in MS office suite.
You. Unlimited.We believe in crafting the greatest good for society. Our strongest investments are in our people and patients we serve.Inclusion, Diversity and Equity – committed to welcoming, celebration and growing on Diversity. Learn more about it on our website https://www.smith-nephew.com/
.Other reasons why you will love it here!
- Your future: Major medical coverage + Policy exclusions and Insurance non-medical limit.
- Education Assistance
- Work / Life balance: Flexible Personal / Vacation time off, Privilege leave, Floater leave etc.
- Your Wellbeing: Parents / Parents in law’s insurance coverage also available.
- Flexibility: Hybrid work model (for most professional roles).
- Extra Perks: Free Cab Transport facility for all employees, one time meal provided to all employees as per shifts. Night Shift Allowances.
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