- Job Role: Procure to Pay-Payment processing
- Experience (In Years): 9-12
- Job Location: NOIDA C59
The Manager will oversee all accounts payable activities for the Insurance P&C segment, ensuring accurate invoice processing, timely payments, and robust vendor management. You will drive daily financial transactions, reconcile ledgers, generate accrual forecasts, and lead a team of AP professionals while partnering with internal stakeholders to support the company’s financial objectives.
Responsibilities
- Supervise end‑to‑end invoice processing, coding, approvals and daily payment runs.
- Handle vendor onboarding, changes, and maintain accurate vendor master data.
- Resolve AP queries from internal teams and external vendors promptly.
- Reconcile the accounts payable ledger and verify monthly vendor statements.
- Investigate and correct discrepancies, ensuring all bills are posted correctly.
- Prepare and present monthly accrual reports and forecasting analyses.
- Lead, coach, and develop a team of AP analysts to meet service level agreements.
- Coordinate with finance, procurement, and insurance operations for seamless transactions.
- Implement process improvements and automation initiatives within AP.
- Ensure compliance with internal controls, audit requirements, and regulatory standards.
Qualifications
- 9+ years of progressive experience in accounts payable, preferably in insurance or P&C.
- Demonstrated leadership experience managing a team of 5‑10 members.
- Strong knowledge of AP best practices, coding, and payment processing.
- Proficiency with ERP systems (SAP, Oracle) and advanced Excel skills.
- Excellent analytical and problem‑solving abilities for discrepancy investigations.
- Effective communication and stakeholder management skills.
- Experience preparing accruals, forecasts, and financial reporting.
- Understanding of insurance industry financial flows is a plus.
- Bachelor’s degree in Finance, Accounting
- Ability to work in a fast‑paced, deadline‑driven environment.
