Accounts Payable Executive

Process Executive II Invoice Processing (Accounts Payable)

Job Category

Finance & Accounting

Location

Bangalore, India

Employment Type

Full Time

Company Overview

Fossil Group is a global retailer specializing in the design, innovation, and marketing of fashion lifestyle and accessory products. At the heart of Fossil Group's vision is a commitment to fostering creativity and delivering the best in design through its three core businesses: the Fossil brand, the Skagen brand, and a multi-brand watch portfolio. This portfolio includes Armani Exchange, Diesel, DKNY, Emporio Armani, Kate Spade, Marc Jacobs, Michael Kors, Michele, Relic, Tory Burch, and Zodiac.

Purpose of the Role

We are looking for a detail-oriented professional to join our Accounts Payable team. The role is responsible for Invoice Processing, Travel & Expense (T&E) Processing, invoice validation, vendor coordination, and ensuring timely processing of supplier invoices while maintaining compliance with company policies and SLAs.

Key Responsibilities

Process PO and Non-PO Invoices accurately in ERP systems.

Perform Invoice Validation by verifying vendor details, invoice numbers, invoice amounts, GST details, and supporting documents.

Process Employee Travel & Expense (T&E) Claims in line with company policies.

Perform 2-Way Matching and 3-Way Matching against Purchase Orders and Goods Receipts.

Apply appropriate GL Coding and Cost Center Allocation while processing invoices.

Identify invoice discrepancies, duplicate invoices, and missing information and coordinate with vendors and internal stakeholders for resolution.

Track pending invoices and approvals to ensure timely processing within SLA.

Maintain invoice documentation for audit and compliance requirements.

Coordinate with Procurement, Business Teams, Finance, and Shared Services to resolve invoice-related queries.

Adhere to Standard Operating Procedures (SOPs), internal controls, and compliance requirements.

Maintain invoice processing trackers and MIS reports.

Participate in process improvement initiatives to enhance efficiency and quality.

Required Skills & Experience

Bachelor's Degree in Commerce, Finance, Accounting, or related discipline.

2–3 years of experience in Accounts Payable, Invoice Processing, P2P, or Finance Operations.

Experience working with ERP systems such as SAP, Oracle, Navision, or similar.

Knowledge of Invoice Processing, Invoice Validation, GST, TDS, 2-Way Matching, 3-Way Matching, GL Coding, and Cost Center Allocation.

Working knowledge of MS Excel.

Strong analytical skills and attention to detail.

Good communication and stakeholder management skills.