Accounts Payable

Accounts Payable

Location: Noida
Work Mode: Hybrid
Shift: UK Shift
Experience: 6–8 Years
Notice Period: Maximum 30 Days

Job Summary

We are looking for an experienced Accounts Payable professional with a strong background in the Insurance industry. The ideal candidate will be responsible for managing end-to-end AP processes, ensuring timely vendor payments, maintaining financial controls, and supporting month-end close activities while working closely with global stakeholders.

Insurance industry experience is mandatory.

Key Responsibilities

Accounts Payable Operations

• Manage end-to-end Accounts Payable processes including invoice processing, payment runs, vendor reconciliation, and query resolution.
• Review, validate, and process vendor invoices in accordance with company policies and procedures.
• Ensure timely and accurate payments to vendors and service providers.
• Monitor AP aging reports and resolve outstanding items proactively.
• Perform vendor account reconciliations and investigate discrepancies.

Financial Controls & Compliance

• Ensure compliance with internal controls, accounting standards, and company policies.
• Support audits by providing required documentation and explanations.
• Maintain accurate records and documentation for all AP transactions.
• Assist in month-end and year-end closing activities related to Accounts Payable.

Stakeholder Management

• Liaise with vendors, procurement teams, finance teams, and business stakeholders to resolve payment and invoice-related issues.
• Collaborate with global teams and support UK business operations.
• Provide excellent customer service while handling vendor and internal stakeholder queries.

Reporting & Process Improvement

• Prepare AP-related reports, reconciliations, and management dashboards.
• Identify opportunities for process improvements and automation.
• Support transition and transformation initiatives within Finance Operations.

Required Skills & Qualifications

• 6–8 years of experience in Accounts Payable operations.
• Mandatory experience in the Insurance industry.
• Strong understanding of AP processes, invoice processing, vendor management, and reconciliations.
• Experience working with ERP systems such as SAP, Oracle, PeopleSoft, or similar platforms.
• Good understanding of financial controls and accounting principles.
• Proficiency in Microsoft Excel and reporting tools.
• Strong analytical, problem-solving, and communication skills.
• Ability to work effectively in a UK shift environment.

Preferred Qualifications

• Bachelor's degree in Commerce, Finance, Accounting, or related field.
• Experience in shared services/BPO/Global Capability Centers (GCC).
• Exposure to process improvement initiatives and automation projects.

Candidate Requirements

• Insurance domain experience is mandatory.
• Notice Period: Immediate Joiners to 30 Days preferred.
• Willingness to work in a Hybrid model from Noida and support UK business hours.