Sr. Process Associate - FPS Job in Bengaluru at Siemens

Siemens is hiring for the role of Sr. Process Associate - FPS!

Responsibilities of the Candidate:

• Accurately Scan /Index / post invoices in SAP (MM/FI module), ensuring proper General Ledger (GL) coding and cost center assignments.
• Process PO-based and Non-PO invoices, verifying details against purchase orders and contracts.
• Perform 3-way matching (Invoice, Purchase Order, Goods Receipt) to ensure accuracy.
• Review and validate invoices for proper approvals, compliance, and payment terms.
• Reconcile vendor statements and resolve discrepancies promptly.
• Communicate with vendors regarding invoice disputes, missing documents, and payment status.
• Collaborate with procurement, finance, and operations teams to resolve invoice-related issues.
• Ensure compliance with tax regulations (GST, VAT, Withholding Tax, etc.) and company financial policies.
• Assist in month-end closing activities, including AP accruals and reconciliations.
• Generate and analyze AP aging reports and provide insights on outstanding liabilities.

Requirements:

• Bachelor's degree in Finance, Accounting, or a related field.
• Minimum 1.5 years of experience in Accounts Payable using SAP ERP (SAP FI/MM modules).
• Strong understanding of invoice processing, 3-way matching, and vendor payments.
• Knowledge of SAP FICO, Accounts Payable workflows, and tax regulations.
• Proficiency in Excel (VLOOKUP, Pivot Tables, etc.) for AP reporting.
• Strong attention to detail and problem-solving skills.
• Excellent communication skills for vendor and internal team coordination
• Ability to work under tight deadlines and handle high invoice volumes.