PTP Invoice Processing Analyst

Location: Kolkata
Experience: 1–7 Years
Band: BPO 1 / BPO 2 / BPO 3
Salary: Up to ₹9 LPA
Job Code: 435430
Work Mode: Work From Office (WFO)
Shift: 24×7 Environment / Rotational Shifts

Job Overview

We are looking for a detail-oriented Procure-to-Pay (P2P) Invoice Processing Analyst to manage invoice processing, accounts payable transactions, vendor reconciliations, payment activities, and financial reporting.

The ideal candidate will have hands-on experience in P2P or Accounts Payable operations, a sound understanding of Indian accounting practices, GST and TDS, and working knowledge of ERP systems such as SAP, VIM, Oracle, Concur, or Microsoft Dynamics.

The role requires strong analytical skills, accuracy, stakeholder coordination, and a continuous-improvement mindset, including exposure to automation and AI-driven process enhancements.

Key Responsibilities

1. Invoice Processing and Validation

• Process PO and Non-PO vendor invoices in accordance with organizational policies and approval workflows.

• Verify invoices against purchase orders, goods receipts, supporting documents, and Delegation of Powers (DOP) requirements.

• Identify and resolve invoice discrepancies, duplicate invoices, missing information, and approval issues.

• Coordinate with vendors, procurement, and internal stakeholders to resolve invoice-related queries.

• Ensure accurate invoice coding, documentation, and transaction recording.

2. Accounts Payable and Payment Operations

• Process vendor payments according to agreed payment terms and internal controls.

• Perform accounts payable reconciliations and support timely closure of outstanding items.

• Monitor payment ageing and overdue invoices, escalating delays where necessary.

• Investigate payment discrepancies and support resolution of vendor account issues.

• Assist with month-end closing and ensure accurate recording of P2P transactions.

3. Accounting, Taxation, and Compliance

• Apply knowledge of Indian accounting practices, GST, and TDS requirements during invoice processing.

• Validate applicable tax details and supporting documentation.

• Maintain accurate transaction records in accordance with internal policies and compliance requirements.

• Support internal and external audits by providing relevant records and documentation.

4. Reporting and Data Analysis

• Prepare reports on invoice status, payment ageing, vendor reconciliations, and operational performance.

• Track turnaround time (TAT), pending invoices, exceptions, and other key performance indicators.

• Use Microsoft Excel, including Pivot Tables, VLOOKUP, and data analysis tools, for reporting and reconciliation.

• Use Tableau for operational dashboards and reporting, where applicable.

• Provide accurate data for management reviews and process-performance analysis.

5. ERP Systems and Process Improvement

• Use ERP platforms such as SAP, VIM, Oracle, Concur, or Microsoft Dynamics for invoice and payment processing.

• Troubleshoot transaction-processing issues and coordinate with relevant teams for resolution.

• Identify opportunities to improve workflow efficiency, transaction accuracy, and productivity.

• Support automation, standardization, and AI-driven initiatives to reduce manual intervention.

• Maintain and update Standard Operating Procedures (SOPs), process flows, and work instructions.

6. Stakeholder Management and Continuous Improvement

• Collaborate with Finance, Procurement, Vendors, and other internal teams to resolve operational issues.

• Manage escalations and ensure timely resolution of pending transactions.

• Recommend improvements to reduce processing errors, delays, and rework.

• Follow established quality standards, internal controls, and service-level agreements.

Required Qualifications and Experience

• Experience: 1–7 years in Procure-to-Pay (P2P), Accounts Payable (AP), or invoice-processing operations.

• Education: B.Com (Hons.), M.Com, MBA (Finance), CA Inter, or ICWA Inter.

• Hands-on experience processing PO and Non-PO invoices.

• Good understanding of vendor reconciliation, payment processing, and accounts payable workflows.

• Knowledge of Indian accounting practices, GST, and TDS.

• Working experience with ERP systems such as SAP, VIM, Oracle, Concur, or Microsoft Dynamics.

• Proficiency in MS Excel, including Pivot Tables, VLOOKUP, and data analysis.

• Exposure to Tableau reporting and operational dashboards is preferred.

• Strong analytical, problem-solving, and discrepancy-resolution skills.

• Good written and verbal English communication skills.

• Ability to maintain accurate documentation and support audit requirements.

Preferred Qualifications

• Strong knowledge of P2P workflows and Finance ERP modules.

• Experience in high-volume invoice-processing environments, including manufacturing, retail, or technology.

• Exposure to process automation, workflow optimization, and AI-enabled finance solutions.

• Experience preparing SOPs, process flows, and operational performance reports.

• Understanding of internal controls, audit requirements, and finance-process compliance.

Work Requirements

• Willingness to work 100% from the office in Kolkata.

• Flexibility to work rotational shifts in a 24×7 operational environment.

• Ability to meet productivity, accuracy, quality, and turnaround-time targets.

Important Eligibility Information

• Ex-TCS employees are not eligible to apply.

• PAN and Date of Birth (DOB) are mandatory for profile creation.

• Candidates must have relevant experience in P2P, Accounts Payable, or invoice-processing operations.

• Candidates should be comfortable working onsite and in rotational shifts as per business requirements.