Oracle Hiring for Accounts Payable Accountant 1-Fin Job at Karnataka Full Time

Global Purchasing – Source to Settle

The Global Purchasing Team is responsible for creating purchase orders after reviewing purchase requisitions in accordance with Oracle’s procurement/supplier contracts to mitigate Oracle’s risk and ensure compliance with Oracle legal guidelines and purchasing policy. The team is responsible for a wide area of commodity areas including but not limited to IT, Telecoms, Marketing, External Contractors, Facilities, Legal, Meeting and Events. Job description and preferred skill sets are contained in the additional details field below.

Job Requirements :-

• Bachelor degree (preferred fields of study – finance, accounting, or business management).
• Experience of delivering change in a customer facing and results-oriented environment.
• 4-6 years of P2P operations experience.
• Strong knowledge of procure to pay processes.
• Logical thought process with the ability to follow guidelines and documented procedures.
• Good analytical skills.
• Excellent English written and verbal communication skills.
• Strong computer skills including to MS Word, Excel, Power Point Presentation, Macros & e-Mail, etc.

Additional Detail / Description:-

As Purchasing Senior Analyst your responsibilities include(s):-

• Perform day-to-day business including working / actioning / analyzing operational execution of invoice that is placed on holds and provides resolution.
• Responsible for service quality and KPIs of the respective Purchasing Invoice resolution team
• Assists stake holders to resolve Invoices that are placed on holds
• Takes a proactive role in working with a team on supplier invoice holds and resolving errors .
• Helps identify process standardization and improvement potentials and support implementation
• Train new staff, document and review processes with existing team members.
• Proactively work with other team to ensure business continuity.
• Work close with the strategic team, requesters and support processes for end to end solutions.

Maintain general accounting systems, policies, and procedures to ensure that proper information is reported in accordance with Generally Accepted Accounting Principles.

Assists in accounting functions which may include general ledger, accounts payable, fixed assets, and inter-company transactions. Maintain the general ledger to include the preparation of journal entries, analysis, reconciliation and reporting. Maintain and implement general accounting systems. Conduct account reconciliation periodically, ledger close activities, and provide accurate financial data to support management in decision making. Develop and prepare financial reports including profit and loss, income and balance sheet statements. Review and analyze inter-company transactions. Ensure all journal entries comply with internal and external audit specifications. Participate in the ongoing development and maintenance of internal procedures and processes. May participate in special projects.

Work involves some problem solving with assistance and guidance in understanding and applying company policies and procedures. Strong analytical, prioritization and communication skills in partnering with other internal groups and management. Familiarity with Excel spreadsheets is essential. Typically graduate or equivalent with 0 – 2 year experience. BA/BS degree in Accounting or equivalent.