Finance Associate II- Accounts Payable

Job Details

• Location: Bengaluru
• Experience: 2 - 4 Years
• Business Unit: Hybrid
• Job Type: FTE
• Openings: 1

Role Description

Why Join 7-Eleven Global Solution Center?

When you join us, you'll embrace ownership as teams within specific product areas take responsibility for end-to-end solution delivery, supporting local teams and integrating new digital assets. Challenge yourself by contributing to products deployed across our extensive network of convenience stores, processing over a billion transactions annually. Build solutions for scale, addressing the diverse needs of our 84,000+ stores in 19 countries. Experience growth through cross-functional learning, encouraged and applauded at 7-Eleven GSC. With our size, stability, and resources, you can navigate a rewarding career. Embody leadership and service as 7-Eleven GSC remains dedicated to meeting the needs of customers and communities.

Why We Exist, Our Purpose and Our Transformation?

7-Eleven is dedicated to being a customer-centric, digitally empowered organization that seamlessly integrates our physical stores with digital offerings. Our goal is to redefine convenience by consistently providing top-notch customer experiences and solutions in a rapidly evolving consumer landscape. Anticipating customer preferences, we create and implement platforms that empower customers to shop, pay, and access products and services according to their preferences. To achieve success, we are driving a cultural shift anchored in leadership principles, supported by the realignment of organizational resources and processes.

At 7-Eleven we are guided by our Leadership Principles. Each principle has a defined set of behaviours which help guide the 7-Eleven GSC team to Serve Customers and Support Stores.

1.                Be Customer Obsessed

2.                Be Courageous with Your Point of View

3.                Challenge the Status Quo

4.                Act Like an Entrepreneur

5.                Have an "It Can Be Done" Attitude

6.                Do the Right Thing

7.                Be Accountable

Job Title: Finance Associate

Associate positions will be responsible for daily Accounts Payable invoice processing, including accurate data entry, timely posting of invoices, and adherence to defined SLAs. The role also involves reviewing, identifying, and resolving invoice exceptions such as price/quantity mismatches, missing information, duplicate invoices, and vendor discrepancies by coordinating with internal stakeholders and vendors. Associates are expected to ensure compliance with company policies, maintain proper documentation, and support smooth and timely payment processing.                                                                                                                               

KEY DUTIES & RESPONSIBILITIES:

·       Perform processing of Accounts Payable invoices, including invoice receipt and validation.

·       Review invoices for accuracy, completeness, and compliance with company policies and contractual terms.

·       Identify, analyze, and resolve invoice exceptions such as PO mismatches, price/quantity variances, missing documentation or GL coding for Non-PO Invoices, duplicate invoices, and tax discrepancies.

·       Coordinate with procurement, business teams, and vendors to resolve discrepancies and obtain required clarifications.

·       Ensure timely resolution of exceptions to meet payment deadlines and SLA commitments.

·       Maintain accurate records and supporting documentation for audit and compliance purposes.

·       Monitor invoice aging and prioritize high-value and critical invoices.

·       Support month-end and year-end close activities related to Accounts Payable.

·       Adhere to internal controls, SOX requirements, and audit guidelines.

·       Continuously identify process improvement opportunities to enhance efficiency and accuracy.

·       Respond to vendor queries and internal stakeholder requests in a timely and professional manner.

·       This position requires highly developed analytical skills and to resolve complex situations on a routine basis.

Education & Experience

·       Strong ability to follow established business processes, as well as identify and address problem areas

·       PDI & Oracle Experience a plus

·       Proficient user of MS Excel including pivot tables and lookups

·       Strong verbal and written communication skills

·       Strong organizational skills with ability to set priorities and effectively communicate them to the team

Privileges & Perquisites:

7-Eleven Global Solution Center offers a comprehensive benefits plan tailored to meet the needs and improve the overall experience of our employees, aiding in the management of both their professional and personal aspects.

**Work-Life Balance:**Encouraging employees to unwind, recharge, and find balance, we offer flexible and hybrid work schedules along with diverse leave options. Supplementary allowances and compensatory days off are provided for specific work demands. 

**Well-Being & Family Protection:**Comprehensive medical coverage for spouses, children, and parents/in-laws, with voluntary top-up plans, OPD coverage, day care services, and access to health coaches. Additionally, an Employee Assistance Program with free, unbiased and confidential expert consultations for personal and professional issues.

**Wheels and Meals:**Free transportation and cafeteria facilities with diverse menu options including breakfast, lunch, snacks, and beverages, customizable and health-conscious choices.

**Certification & Training Program:**Sponsored training for specialized certifications. Investment in employee development through labs and learning platforms

Hassel free Relocation: Support and reimbursement for newly hired employees relocating to Bangalore, India.