Accounts Payable Specialist

About the Role

• Accounts Payable Specialist at Parexel
• Location: Hyderabad
• Capacity: Hybrid
• Reporting to: Accounts Payable Supervisor or Accounts Payable Manager
• Works closely with: Accounts Payable and Cash Management teams
• Focus: Vendor invoice processing, vendor setup, and invoice workflow management in a fast-paced, growth-oriented environment.
• Opportunities: Deepen expertise and contribute to process enhancements, explore career paths across finance and clinical research operations.

Key Responsibilities

• Processing vendor invoices for both procurement order based and non-procurement order based purchases.
• Quality check of vendor invoices.
• Vendor setup in the ERP system.
• Resolving invoice holds and vendor queries.
• Employee T&E review and audit.
• Vendor invoice review and segregation in invoice workflow system.
• Work allocation, monitoring invoice TAT (Turnaround Time), and ensuring accurate and timely payment to suppliers.
• Contributing to enhancement / adhoc projects initiated by the Department.

Requirements & Tech Stack

• Experience in an accounts payable function within a structured, controlled environment.
• Comfort working with ERP and workflow systems.
• Familiarity with the financial chart of accounts.
• Typing speed of 60-65 words per minute.

Qualifications

• Bachelor's Degree in Accounting, Finance or related discipline.
• 0-2 years of experience in an accounts payable function.
• Thorough knowledge of applicable accounts payable and general ledger systems and procedures.
• Knowledge of key process and system controls.
• Strong communication, organization, and problem-solving skills.
• Strengths in accounts payable and cash management.
• Analytical thinking and problem solving abilities.
• Effective verbal and listening communication skills, with the ability to collaborate across teams.
• A detail-oriented, professional attitude, a reliable approach, and a commitment to meeting every deadline.