Associate Analyst, Accounts Payable (Mumbai, MH, IN)
Mumbai, Maharashtra 3 days ago
Job Description
Relocation Assistance Offered Within Country
Job Number #165216 - Mumbai, Maharashtra, India
Colgate-Palmolive Company is a global consumer products company operating in over 200 countries specializing in Oral Care, Personal Care, Home Care, Skin Care, and Pet Nutrition. Our products are trusted in more households than any other brand in the world, making us a household name!
Join Colgate-Palmolive, a caring, innovative growth company reimagining a healthier future for people, their pets, and our planet. Guided by our core values—Caring, Inclusive, and Courageous—we foster a culture that inspires our people to achieve common goals. Together, let's build a brighter, healthier future for all.
About Colgate-Palmolive
Do you want to come to work with a smile and leave with one as well? In between those smiles, your day consists of connecting with others across the world, full of stimulating discussions, and making impactful contributions!
If this is how you see your career, Colgate is the place to be! Our diligent household brands, dedicated employees, and sustainability commitments make us a company passionate about building a future to smile about for our employees, consumers, and surrounding communities. We win as a global organization by continually learning and collaborating. The pride in our brand fuels a workplace that encourages creative thinking, champions experimentation, and promotes authenticity which has contributed to our enduring success. If you want to work for a company that lives by their values, then give your career a reason to smile...every single day.
In today's multifaceted Fin-Tech environment, it's an exciting time to be part of the Accounts Payable - Payments team at Colgate! Our Finance authorities and innovative team is dedicated to driving growth for Colgate Palmolive in this constantly evolving landscape.
What role will you play as a member of Colgate’s Accounts Payable team?
We are seeking a skilled and expert Accounts Payable Specialist to join our team. The successful candidate will be responsible for handling the full Payments cycle and ensuring timely and accurate payment processing.
Key responsibilities include being responsible for invoice processing, handling vendor relationships, and maintaining compliance with financial policies and procedures. Additionally, proficiency in accounting software and skills in financial reporting would be highly beneficial.
The Accounts Payable Specialist should be experienced in financial operations, vendor management, and implementing improvements in execution to enhance efficiency and accuracy.
The candidate should be comfortable in playing a lead role towards the evolution of financial processes across the global footprint.
You are a function expert -
Prepare, Analyze, Run payment proposal as per the scheduled dates for Third party and Inter company payments as per the bank cutoff time
Prepare /Analyze the duplicate report
Prepares monthly SOX and Audit requirements
Maintaining 100% accuracy and efficiency while initiating the payments
Initiate Manual payments based on request with accuracy
Ensure Month end closing on timely basis
Respond to vendor/invoice related enquiry / payment related Issue resolution
Identify and actively participate in Continuous improvement in execution
Ensuring all the SOBP are updated on timely basis
Review, Verify & Post PO and NON PO invoices
Regular review of debit balances/Aged Balances in the vendor account and resolving the same
Ensuring all payments are accurately processed, recorded, and reconciled
You connect the dots -
Your proficiency in handling accounts payable, coupled with your expertise in developing efficient processes, will bridge the gap between financial requirements and technical implementation.
You will connect the dots by aligning accounts payable configurations with overarching financial objectives, ensuring that our vendor accounts are efficiently mahandlednd payments are timely.
You are a collaborator -
Your expertise and insights as an Accounts Payable Specialist will be instrumental in driving the success of our financial operations and their integration into our workflows.
You will work closely with finance & other departments to develop and implement robust processes.
You are an innovator -
You will orchestrate progressive initiatives that push the boundaries of what's possible with accounts payable and beyond.
Your innovative approach will drive the evolution of our financial processes, from introducing efficient features to devising novel approaches for invoice processing and vendor management.
Your ability to think with a financial attitude and build processes from a financial perspective sets you apart as a true innovator.
What you’ll need…. (Required)
Bachelor's degree required or equivalent in Finance & Accounts
Minimum 2+ years of validated experience working in accounts payable or a similar role
Strong understanding of accounts payable processes and standard methodologies
Proficient in applying accounting software for invoice processing and payment management
Understanding of financial compliance and reporting standards
Excellent documentation skills for crafting comprehensive documentation to facilitate knowledge sharing and adherence to industry standards.
Ability to troubleshoot and resolve issues independently.
Strong communication and collaboration skills.
What you’ll need… (Preferred):
Knowledge of financial principles and practices.
Our Commitment to Diversity, Equity & Inclusion
Achieving our purpose starts with our people — ensuring our workforce represents the people and communities we serve —and creating an environment where our people feel they belong; where we can be our authentic selves, feel treated with respect and have the support of leadership to impact the business in a meaningful way.
Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.
Reasonable accommodation during the application process is available for persons with disabilities. Please complete this request form should you require accommodation.
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