Accounts Payable Specialist Fresher's job

Job ID: 47744

Job function: Finance

Experience level: Experienced Hire

Business: Group Business Services

Accounts Payable Specialist

DSM – Bright Science. Brighter Living.™

Royal DSM is a global, purpose-led, science-based company active in Nutrition, Health and Sustainable Living. DSM’s purpose is to create brighter lives for all. DSM addresses with its products and solutions some of the world’s biggest challenges while simultaneously creating economic, environmental and societal value for all its stakeholders – customers, employees, shareholders, and society at large. DSM delivers innovative solutions for human nutrition, animal nutrition, personal care and aroma, medical devices, green products and applications, and new mobility and connectivity. DSM and its associated companies deliver annual net sales of about €10 billion with approximately 23,000 employees. The company was founded in 1902 and is listed on Euronext Amsterdam.

More information can be found at .

Purpose of the job

Under supervision of the Team-Lead Accounts Payable/Accounts Receivable execute all the activities related to the verification, posting, payment of invoices and the vendor open item management in such a way that it is part of the integrated Purchase to Pay business process.

Job context

SSC is a Shared Service Center which offers accounting services to many DSM components. The goal is to provide effective, efficient, and customer-oriented service delivery, based on a one-year Service Agreement. Service delivery incorporates: accounting-to-report (included fixed assets), project

accounting, accounts payable accounting, operational purchasing, payroll accounting, handling travel and expense claims, and cash management.

SSC serves approximately 55 legal entities (both Service Units and Business Units), 25 of which include operational activities and approximately 30 of which have no operational activities.

In addition to SAP-FiCo and SAP-PtP, SSC also delivers two SAP-, HR-, and Payroll-related services handling salary costs in the general ledger and with regard to DSM components, and handling travel and expense claims (Travel Management).

In 2009, SSC service delivery was redefined and agreed in Service Agreements and Statements of Work (SoW) with customers. The organization has also undergone process- and customer-oriented reorganization, with structured governance and performance.

In the new Shared Services Organisation, services will be delivered through setting up of Front Office and Back Office, with SSC Hyderabad as the Back Office.

Job Content:

Key Areas of Accountability / Responsibility

• Check invoices on completeness and correctness of data with regard to account assignment and (international) VAT aspects
• Verify invoice against purchase order in the integrated ERP system SAP
• Post the invoice in the integrated ERP system SAP
• Communicate with front office to resolve any open items with vendors & blocked invoices for AP (MRBR, VFX3)
• Participate in the quarterly intercompany matching in SAP SEM
• Initiate and organise the payment of the invoices
• Participate in the Purchase To Pay process to achieve first time right handling of invoices by taken initiative for solving structural issues
• To advise and assist the Team-Lead Accounts Payable/ Receivable with improving the processes

Knowledge and educational level

• Experience in accounts payable invoice processing
• Fresher's can also apply
• Overview of Purchase To Pay (PTP) processes (Essential)
  
• MS Office
• SAP experience is must

Royal DSM is an equal employment opportunity and affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, protected veteran status, status as a qualified individual with a disability, or any other characteristic protected by law.

Royal DSM is a global, purpose-led, science-based company active in Nutrition, Health and Sustainable Living. DSM’s purpose is to create brighter lives for all. DSM addresses with its products and solutions some of the world’s biggest challenges while simultaneously creating economic, environmental and societal value for all its stakeholders – customers, employees, shareholders, and society at large. DSM delivers innovative solutions for human nutrition, animal nutrition, personal care and aroma, medical devices, green products and applications, and new mobility and connectivity. DSM and its associated companies deliver annual net sales of about €10 billion with approximately 23,000 employees. The company was founded in 1902 and is listed on Euronext Amsterdam.
More information can be found at .