“Life Unlimited” At Smith+Nephew. We design and Manufacture technology that takes the limits off living.
The Process Associate will be responsible for providing leadership in the Payments Processing Function, ensuring timely and accurate payments while maintaining strong financial controls. Role encompasses process improvement, vendor relationships, and financial analysis. Delivers the service to meet SLAs and KPIs and to ensure positive voice of customer feedback.
What will you be doing?
Perform the payment run processing, fostering excellent stakeholder relationships, and ensuring service delivery excellence.
Ensure accurate and timely payments to suppliers and other parties in accordance with contractual terms and payment schedules, while minimizing delays and avoiding penalties
Coordinate payment processing to effectively manage cash flow and working capital, collaborating with other departments, and optimizing cash management strategies.
Strengthen relationships with strategic suppliers through proactive engagement, negotiating favorable payment terms, exploring early payment discounts, and enhancing partnerships.
Address payment-related inquiries promptly, provide exceptional service, and foster strong relationships with suppliers and stakeholders.
Promote electronic payment solutions to automate the payment process, reduce reliance on manual checks, accelerate payment cycles, and improve cash flow management.
Ensure compliance with MAPs, SOX regulations, and manage internal/external audits related to Payments Processing, addressing control deficiencies and mitigating risks.
Strengthen controls and risk management practices within the payment processing process, ensuring regulatory compliance and data security.
What will you need to be Successful?
Education: Graduate or Post Graduate Degree: B.Com / M.Com.
Minimum 1-3 Years of AP full cycle AP Payment processing,
Experience with working in a global shared service Centre.
Strong attention to detail focusing on quality and accuracy.
Good English communications skills written and verbal.
Flexible to work in US shifts.
You. Unlimited.
We believe in crafting the greatest good for society. Our strongest investments are in our people and patients we serve.
Inclusion, Diversity and Equity – committed to welcoming, celebration and growing on Diversity. Learn more about it on our website https://www.smith-nephew.com/.
Other reasons why you will love it here!
Your future: Major medical coverage + Policy exclusions and Insurance non-medical limit.
Education Assistance
Work / Life balance: Flexible Personal / Vacation time off, Privilege leave, Floater leave etc.
Your Wellbeing: Parents / Parents in law’s insurance coverage also available.
Flexibility: Hybrid work model (for most professional roles).
Extra Perks: Free Cab Transport facility for all employees, one time meal provided to all employees as per shifts. Night Shift Allowances.
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