P2P Lead (Bengaluru / Coimbatore) at Bosch Group

Coimbatore, tamil nadu, India -

Full Time

Start Date

Immediate

Expiry Date

17 Jun, 26

Salary

0.0

Posted On

19 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Invoice to Pay, Communication Skills, Time Management, Process Improvement, Vendor Invoices, Purchase Orders, ERP System, GRIR Reconciliation, Intercompany Reconciliation, Month-End Close, Audit Trails, Dispute Management, SAP

Industry

Software Development

Description

Company Description Bosch Global Software Technologies Private Limited is a 100% owned subsidiary of Robert Bosch GmbH, one of the world's leading global supplier of technology and services, offering end-to-end Engineering, IT and Business Solutions. With over 27,000+ associates, it’s the largest software development center of Bosch, outside Germany, indicating that it is the Technology Powerhouse of Bosch in India with a global footprint and presence in the US, Europe and the Asia Pacific region. Job Description Work Location: Bengaluru / Coimbatore Roles & Responsibilities : Receive and validate vendor invoices (format, tax details, legal compliance) Verify invoice accuracy against purchase orders and contract Check pricing, quantities, tax rates, and payment terms Route invoices for appropriate approval as per delegation of authority Post approved invoices in the ERP system Manage invoice exceptions and discrepancies with vendors and internal teams Maintain proper documentation and audit trails Responsible to handle vendor and internal queries. Support internal and external audits. Perform periodic reconciliation of the GRIR account (monthly / weekly) Identify open GRIR items arising from: Goods received but invoice not posted Invoice posted but goods not received Analyze aging of GRIR balances and flag long-outstanding items Investigate quantity, price, or tax mismatches between: Purchase Order (PO) Goods Receipt (GR) Vendor Invoice (IR) Coordinate with Procurement, Warehouse, and Accounts Payable teams to resolve discrepancies Follow up with vendors for missing or incorrect invoices Post required adjustment entries after proper approval Clear GRIR balances once discrepancies are resolved Ensure compliance with internal controls and accounting policies Maintain proper documentation and reconciliation support for audit purposes Support month-end and year-end close activities Escalate unresolved or nvoices and transactions accurately Reconcile intercompany balances between affiliates on a periodic basis Identify timing differences, pricing variances, and posting errors Ensure intercompany agreements and transfer pricing policies are followed Confirm balances for month-end and year-end close Support intercompany confirmations and eliminations for consolidation Maintain reconciliation schedules and documentation Qualifications Educational qualification: Commerce graduate (BCom, BBM, Mcom & MBA) Experience : 15+Years of experience in SAP or any similar ERP system with accounts payable or related financial domain Mandatory/requires Skills : Proficient in end to end knowledge of Invoice to pay Proficient in communication skills for vendor interactions and internal collaboration Proficient in time management skills to manage multiple invoices and tasks efficiently Competent in seek out or suggest process improvement and enhance efficiency 5.30pm to 3am (US Shift) Notice Period:

Responsibilities

The role involves managing the end-to-end Procure-to-Pay process, including receiving, validating, and posting vendor invoices, managing exceptions, and performing periodic GRIR reconciliation.