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Job id : 38266

Invoice Processing Controller- STP- Analyst

Invoice Processing Controller- STP- Analyst

  Bangalore / Bengaluru
   Diageo        Bangalore / Bengaluru
  4 years ago      79 Applied

JOB ID:38266

Job details

Job Type

  Full Time

Functional Area

Accounting/Finance/Tax/CS/Audit

Industry

FMCG/Food/Consumer Durables

Education

Not Specified

Experience Required

  3 - 6 Yrs

Key Skills Required

  Invoice processing, vendor management, payment with SAP experience

Other Skills Required

 

Job Description

Context/Scope:Global Diageo Business Services (GDBS) is a multi-functional shared service Centre that is managing Diageo-wide transactions across various world regions. Processes in scope are: Order to Cash, Purchase to Pay, Record to Report (Internal Reporting and Intercompany, External Reporting and Tax), Planning & Reporting, Treasury.DBSI Bangalore is the newest addition to Diageo’s global shared services organisation. This new entity willenable Diageo to takefurther advantage of its presence in India by leveraging its business services operations and networks.Arising from payment process are various statutory deductions such as PAYE, WHT and other statutory payments which require efficient management to avoid huge penalties normally associated with failure to meet such deadlines.
This position will work closely with In Market Company representatives of different levels and departments as well as relevant third parties.
Financial:The incumbent will be in the team delivering:
  • Over KES
...  See More
Context/Scope:Global Diageo Business Services (GDBS) is a multi-functional shared service Centre that is managing Diageo-wide transactions across various world regions. Processes in scope are: Order to Cash, Purchase to Pay, Record to Report (Internal Reporting and Intercompany, External Reporting and Tax), Planning & Reporting, Treasury.DBSI Bangalore is the newest addition to Diageo’s global shared services organisation. This new entity willenable Diageo to takefurther advantage of its presence in India by leveraging its business services operations and networks.Arising from payment process are various statutory deductions such as PAYE, WHT and other statutory payments which require efficient management to avoid huge penalties normally associated with failure to meet such deadlines.
This position will work closely with In Market Company representatives of different levels and departments as well as relevant third parties.
Financial:The incumbent will be in the team delivering:
  • Over KES 30 billion annual payments
  • Over 8 different paying currencies
Market Complexity:
  • Over 1500-suppliers spread across the world and different tax requirements applicable.
  • Diageo markets obtains supplies from all over the world and this role is expected to ensure timely payment in various world currencies using various payments methods
Leadership Responsibilities:
  • Ensure timely and accurate quality check of invoices, including online payment (OLP) requests and down payments (DP).
  • Quality checks are effective and evidenced by zero quality issues on Parked and blocked invoices.
  • Invoices returned to vendor (RTV) are followed up to get replacement invoice meeting quality criteria and this is posted in a timely manner to forestall any impact on KPIs especially Payment to terms (PTT).
  • Tracking and managing of the PTP shared mail box
  • Ensure key vendor invoices are tracked e.g. DHL Excel Supply Chain
  • Ensure all other critical vendor invoices are tracked to avoid payment delays.
  • Printing and issuing all the vendors with the WHT certificates.
  • Ensure all the relevant PTP CARM controls are operated and adhered to in their area of work.
Qualifications and Experience Required:QualificationsUniversity graduate
Fully qualified accountant (CPA/ACCA)
Experience
  • 2-3 years experience in a computerised accounting department of a large, reputable commercial organisation
  • Invoice processing in SAP
  • Customer care and team playing skills
  • Conversant with Purchase to Pay SAP application.
Essential Skills:
  • Good understanding of AP process
  • Experience in Invoice processing and Vendor reconciliation
  • Understanding of accounting
Barriers to Success in Role (Optional):Inability to:Adapt readily to change, multi task and work in a team
Communicate, create amazing relationship and network with all the relevant In market companies stakeholders
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About Company
<p>Diageo is the world&rsquo;s leading premium drinks company with an outstanding collection of brands, such as Johnnie Walker, Smirnoff, Baileys, Captain Morgan, Tanqueray and Guinness. Our purpose - Celebrating life, every day, everywhere - has an important role in our company, for our people, our brands, in how we perform and how we create shared value.</p> <p><strong>About Diageo India </strong></p> <p>We are India&rsquo;s leading beverage alcohol company with an outstanding portfolio of premium brands. Our portfolio of over 140 brands of Scotch whisky, IMFL whisky, brandy, rum, vodka, gin and wine includes the much-loved McDowell's No.1, Royal Challenge, Signature, and Antiquity as well as Diageo&rsquo;s iconic brands such as Johnnie Walker, VAT 69, Black &amp; White, Smirnoff and Ciroc among others. . In 2013-14, Diageo plc acquired a 54.8% shareholding in United Spirits making India one of its largest markets. We are a high p...  See More
<p>Diageo is the world&rsquo;s leading premium drinks company with an outstanding collection of brands, such as Johnnie Walker, Smirnoff, Baileys, Captain Morgan, Tanqueray and Guinness. Our purpose - Celebrating life, every day, everywhere - has an important role in our company, for our people, our brands, in how we perform and how we create shared value.</p> <p><strong>About Diageo India </strong></p> <p>We are India&rsquo;s leading beverage alcohol company with an outstanding portfolio of premium brands. Our portfolio of over 140 brands of Scotch whisky, IMFL whisky, brandy, rum, vodka, gin and wine includes the much-loved McDowell's No.1, Royal Challenge, Signature, and Antiquity as well as Diageo&rsquo;s iconic brands such as Johnnie Walker, VAT 69, Black &amp; White, Smirnoff and Ciroc among others. . In 2013-14, Diageo plc acquired a 54.8% shareholding in United Spirits making India one of its largest markets. We are a high performing business that is sensitive to consumer, community and societal needs. We are proud of being a responsible producer and marketer of beverage alcohol, and we champion responsible consumption as part of a balanced lifestyle.</p> <p>We are looking to hire exceptional women talent in:</p> <ul> <li>Manufacturing and Supply Chain areas like Operations, Quality, Sourcing, Environment, Health Safety (EHS) &amp; Productivity.</li> <li>Commercial Function like Sales, Key Accounts Management, Market Activation, Sales Excellence and Sales Analytics.</li> <li>Marketing roles like Brand &amp; Product Management.</li> <li>Corporate Support Functions like Treasury, Taxation, Secretarial, Compliance and Law.</li> </ul> <p>Join us on our LinkedIn page to keep in touch and know more: <a href="https://www.linkedin.com/company/3069440/">https://www.linkedin.com/company/3069440/</a></p> <p><strong>About Diageo Business Services India</strong></p> <p>We are one of the five Diageo Business Services that are based around the world and our India office is in Bengaluru. The remaining four centers are in: Budapest, Bogota, Manila and Nairobi. We provide a broad range of services to our businesses around the world. We are already 600 strong people in Bengaluru and growing. This global scale and reach helps deliver strong control environment and significant cost savings, while freeing local teams to market and sell our great brands to customers and consumers.</p> <p>As part of the team, you&rsquo;ll have the opportunity to develop your skills in an array of different areas, including:</p> <ul> <li>Source to Pay</li> <li>Order to Cash</li> <li>Financial Control and Record to Report</li> <li>Controls</li> <li>HR shared services</li> <li>Data and Analytics</li> <li>Project Management</li> <li>Technology</li> </ul> See Less