Procure to Pay Operations Specialist

Skill required: Procure to Pay - Accounts Payable Process Designation: Procure to Pay Operations Specialist Qualifications: Any Graduation Years of Experience: 7 to 11 years About Accenture Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at What would you do? • You will be aligned with our Finance Operations vertical and will be helping us in determining financial outcomes by collecting operational data reports, whilst conducting analysis and reconciling transactions. • boosting vendor compliance cutting savings erosion improving discount capture using preferred suppliers and in confirming pricing and terms prior to payment Responsible for accounting of goods and services through requisitioning purchasing and receiving Also look after order sequence of procurement and financial process end to end The Accounts Payable Processing team focuses on designing implementing managing and supporting accounts payable activities by applying the relevant processes policies and applications The team is responsible for timely and accurate billing and processing of invoices managing purchase and non purchase orders and two way and three way matching of invoices • Design, implement, manage and support accounts payable activities for an organization by applying the relevant processes, policies and applications. What are we looking for? • Primary skill - Accounts Payable Process - P1 Roles and Responsibilities: • Financial Accounting & Reporting • Lead monthly, quarterly, and annual financial close activities. • Ensure accurate preparation and review of financial statements. • Oversee general ledger accounting and balance sheet reconciliations. • Review journal entries, accruals, reserves, and adjustments. • Perform variance and trend analysis on financial results. • Insurance Accounting • Manage accounting for: • o Premium revenue • o Claims and loss reserves • o Reinsurance transactions • o Deferred acquisition costs (DAC) • o Unearned premium reserves (UPR) • o Investment income • Ensure compliance with insurance accounting standards and regulatory reporting • requirements. • Regulatory & Statutory Reporting • Coordinate preparation and submission of statutory and regulatory filings. • Ensure compliance with insurance regulators and governing bodies. • Support reporting under US GAAP, IFRS 17, Solvency II, NAIC, or applicable local • insurance regulations. • Liaise with external auditors and regulatory authorities. • Internal Controls & Governance • Maintain an effective Internal Control over Financial Reporting (ICFR) framework. • Ensure compliance with SOX and corporate governance requirements. • Identify control deficiencies and implement remediation plans. • Support risk assessments and compliance reviews. • Audit Management • Coordinate internal and external audits. • Prepare audit schedules and supporting documentation. • Manage audit observations and corrective action plans. • Act as the primary finance contact for audit-related activities. • Business Partnership • Partner with Actuarial, Underwriting, Claims, Treasury, Tax, and FP&A teams. • Support new product launches and business initiatives from an accounting • perspective. • Provide financial insights and recommendations to leadership. • Process Improvement & Transformation • Drive automation, standardization, and process optimization initiatives. Any Graduation About Accenture Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 791,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at Equal Employment Opportunity Statement We believe that no one should be discriminated against because of their differences. All employment decisions shall be made without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, military veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by applicable law. Our rich diversity makes us more innovative, more competitive, and more creative, which helps us better serve our clients and our communities.