Senior Associate – Accounts Payable

About TVS / Who are we?

TVS Motor Company is a reputed two and three-wheeler manufacturer globally, championing progress through Sustainable Mobility with four state-of-the-art manufacturing facilities in Hosur, Mysuru and Nalagarh in India and Karawang in Indonesia. Rooted in our 100-year legacy of Trust, Value, and Passion for Customers and Exactness, we take pride in making internationally aspirational products of the highest quality through innovative and sustainable processes. We are the only two-wheeler company to have received the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in /the J.D. Power Customer Service Satisfaction Survey for consecutive four years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com.

Job Title / Role:Senior Associate – Accounts Payable (Senior Associate – Accounts Payable_FIN – Accounts Payable Group)

Department: FINANCE (H)

Section: FIN – Accounts Payable Group

Location: Hosur

Education Qualification: CA / ICWA / MBA (Finance)

Required Experience: 5 – 7 Years

Purpose of the role:

• The purpose of a Senior Associate in an AP SSC is to handle more complex aspects of the accounts payable process, contribute to process improvement, and provide support to both the team and the organization in achieving efficient and accurate financial operations.
• Senior Associates may provide guidance and support to junior team members, including Associates and contract resources. They play a role in mentoring and facilitating the development of less experienced staff.

Role Description:

• Ascertain the funds required for payment to the vendors and inform treasury for the allocation of the funds
• Post confirmation from treasury initiate payment run. Incase of the partila allocation of funds by the treasury allocate the payments to the vendors based on priority and inform the vendors accordingly
• Prepare month close entries and schedules
• Generate and analyze reports to track key performance indicators.
• Participate in reviews and assist the Team lead to analyse the schedules and month close schedules
• Assist the team in investigating and and resolving discrepancies in a timely manner
• Collaborate with relevant departments and ensure smooth functioning of the process
• Collaborate with Vendors / suppliers to ensure issues / queries are resolved on time and there are no escalations
• Identify opportunities for process optimization and efficiency.
• Contribute ideas for continuous improvement in the accounts payable function.
• Mentor to junior team members
• Review and approve the high-level Invoice / bills basis the approval threshold

 Functional competency:

• Vendor Management
• Analytical skills
• Good knowledge in SAP 

        Behavioral competency:

•      Effective Communication
•      Critical Thinking
•          Proactive Approach