Job Description

Senior Process Associate ITP - Pune\xe2\x80\x9cLife Unlimited\xe2\x80\x9d At Smith+Nephew. We design and Manufacture technology that takes the limits off living.This role is responsible for providing leadership in the Payments Processing Function, ensuring timely and accurate payments while maintaining strong financial controls. Role encompasses process improvement, vendor relationships, and financial analysis. Delivers the service to meet SLAs and KPIs and to ensure positive voice of customer feedback.What will you be doing?Perform the payment run processing, fostering excellent collaborator 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 favourable payment terms, exploring early payment discounts, and enhancing partnerships.Address payment-related inquiries promptly, provide exceptional service, and foster strong relationships with suppliers and partnersPromote 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.What will you need to be Successful?Education: Graduate / Post Graduate Degree - B.Com / M.Com.Minimum 3-5 Years of AP full cycle AP Payment processing, On Time payment, DPO, basic accounting principles.Experience with 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.Proven problem solving skills.Excellent English communications skills written and verbal.Self-starter with the ability to multi-task in a fast paced environment.Able to work month end schedules and flexible to work in any shifts.SAP (ECC6), Microsoft Axapta (2009, 2012), Ariba experience preferred.You. Unlimited.We believe in creating the greatest good for society. Our strongest investments are in our people and patients we serve.Inclusion, Diversity and Equity \xe2\x80\x93 committed to welcoming, celebration and growing on Diversity. Learn more about it on our website .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\xe2\x80\x99s 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.#LI-AL1Stay connected and receive alerts for jobs like this by joining our .We\'re more than just a company - we\'re a community! Follow us on to see how we support and empower our employees and patients every day.Check our for a glimpse behind the scenes and a sneak peek into You. Unlimited., life, culture, and benefits at S+N.Explore our and learn more about our mission, our team, and the opportunities we offer.

Smith & Nephew