Associate Consultant, Business Consulting PI

About the Role

Associate Consultant - Business Consulting PI - TMT - CNS - BC - FINANCE - New Delhi

Key Responsibilities

• Perform day-to-day Procure to Pay (PTP) activities, including:
• Invoice and payment processing
• Vendor query resolution
• Supplier statement and AP account reconciliations
• AP reporting
• Processing of travel and expense claims
• Support discrepancy resolution and month-end activities.
• Maintain accurate records and adhere to agreed timelines, policies, and internal controls.
• Process PO and non-PO invoices, credit notes, and other transactions accurately within agreed timelines, including GL account and cost-centre assignment and provisions for future payments.
• Provide solutions for internal requests created by team members (RFIs).
• Perform two-way and three-way matching of invoices against purchase orders and goods receipts, validate transaction details, and complete required reconciliations.
• Work on rejected invoices from approvers.
• Process vendor payment runs in line with payment schedules, approval requirements, and internal controls.
• Investigate supplier queries and provide solutions.
• Process and reconcile travel and expense claims and resolve related discrepancies.
• Monitor aging documents and take correct actions to meet the TAT.
• Prepare EOD reporting on recording and invoice completion.
• Assist in month-end closing.
• Review and achieve daily and monthly targets.
• Perform vendor statement reconciliations, investigate discrepancies, and identify root causes of variances.
• Prepare AP Trial Balance, reconciliations, and investigate variances.
• Generate and share remittance advice to vendors.
• Maintain and archive invoices and supporting documents as per document retention policies.

Requirements & Tech Stack

• Procure to Pay (PTP) knowledge of end-to-end processes, including invoice processing, approvals, payments, and vendor management.
• Proficiency in ERP platforms.
• Advanced Microsoft Excel and reporting skills.

Qualifications

• Bachelor of Commerce
• Bachelor of Business Administration
• Master of Commerce

Experience

• 1–2 years of experience in PTP.
• Financial Analysis (3+ years) - This is listed separately and may represent a broader team requirement.

Skills/Attributes

• Experienced problem solver with good written and verbal communication skills.
• Flexible attitude to achieve results.
• Excellent interpersonal skills.
• Ability to work in a collaborative manner.
• Practical approach to solving issues and complex problems.
• Agile, curious, mindful, and able to sustain positive energy.
• Adaptable and creative in approach.