Accounts Payable Expenses Financial Operations

Posted 2 Days Ago
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București, ROU
In-Office
Mid level
Insurance
The Role
Manage the full accounts payable process from invoice receipt through payment, including vendor creation, payment proposals, reconciliations, suspense clearing, accruals, and closing activities. Prepare financial analyses and reports, support liquidity planning, respond to vendor inquiries, and provide documentation to auditors. The role also supports process improvements, compliance, internal stakeholders, and collaborative accounting operations in a multinational environment.
Summary Generated by Built In

Key duties

  • Ensure the process of invoices management is consistent and efficient from reception to payment
  • Ensure compliance with company policies, procedures, and regulatory requirements.
  • Assist in quarter-end and year-end closing activities, including accruals and reconciliations.
  • Contribute to process improvement initiatives aimed at optimizing efficiency and effectiveness within the accounts payable function.
  • Generate reports and provide analysis as needed to support management decision-making and financial reporting requirements.
Responsibilities

 

Operational activities: 
Accounts Payable

  • Ensure the process of invoices management, external as well as internal, is consistent and efficient from reception to payment (incl. check address, VAT and IBAN)
  • Checking and processing of electronic invoices from supplier invoices via Ariba-SAP MM/SAP Cockpit (ReadSoft), with integrated digital approval workflow, including support for internal users
  • Ensure a proper process of vendor creation
  • Manage payment proposal and provide input for liquidity planning
  • Ensure the reconciliation of inter-companies according to the closing calendar
  • Justify and clear P2P and bank suspense items
  • Answer Vendor & requestors reminders
  • Preparation of analyses/commentaries for balance sheet and P&L accounts
  • Check the open items of all accounts payable incl. analysis of old positions
  • Follow the closing operations (Accruals, Deferred charges, etc.)

Documentation for internal and external auditors

  • Provide external auditors with all necessary information regarding all accounts and business transactions

Quality of service provision

  • Support and work closely with other accounting heads and actively participate in communities, working in an open and collaborative manner with all Accountants and other stakeholders.  

  • Build strong expertise and working relationships with internal and external stakeholders to ensure quality of services delivered. 

  • Reinforce a client focused mindset as more services are being pooled to maximize the satisfaction of internal clients.  

Qualifications

Required experience & competencies

  • 3-years’ experience in accounting and / or accounting background 

  • Flexible and open to change 

  • Experience in working in a multi-cultural environment with teams from various locations. 

  • Customer and services oriented, problems solving, pragmatic, and constructive. 

  • Proactive communicator (oral and written) with highly effective influencing, negotiating, and motivational skills. 

  • Unquestionable integrity 

  • Experience working with SAP (FI/MM), or similar ERP systems is considered a strong advantage

  • Knowledge of VAT principles and accounting practices within a multinational environment

  • Good Excel skills are also required. 

About Us

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

Skills Required

  • At least 3 years of experience in accounting or an accounting-related role
  • Flexibility and openness to change
  • Experience working in a multicultural environment with geographically dispersed teams
  • Customer and service orientation, problem-solving ability, pragmatism, and constructive approach
  • Strong oral and written communication, influencing, negotiating, and motivational skills
  • Unquestionable integrity
  • Knowledge of VAT principles and accounting practices in a multinational environment
  • Good Microsoft Excel skills
  • Experience with SAP FI/MM or similar ERP systems
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The Company
HQ: Paris, Paris
4,492 Employees

What We Do

SCOR, one of the world’s largest reinsurers, serves more than 5,000 clients worldwide, providing a diversified and innovative range of solutions to control and manage risk. SCOR delivers advanced financial solutions, analytics and services across all dimensions of risk in Life & Health, Property & Casualty, and Investments. Reinsurance lies at the intersection of technical expertise and scientific progress. Models, data, and pricing and reserving tools are essential, yet they are never sufficient on their own. Sound risk decisions require expert judgment, experience and perspective. This is what we call the Art and Science of Risk. Reinsurance is a knowledge industry, where expertise grows through accumulation, transmission and practice. Across the Group, 3,600 experts based in more than 35 offices worldwide contribute to this collective intelligence. Actuaries, underwriters, risk management specialists, and Tech & Data experts transform data into insight, explore extreme scenarios, define the boundaries of insurability and help anticipate emerging risks. Together, they strengthen the resilience of SCOR, our clients and the societies we serve. This expertise is built through shared experience,continuous questioning and collective reflection. Like artists, we belong to schools of thought, learning first to observe, then to replicate, and ultimately to innovate. This ongoing transmission of knowledge enables SCOR to develop a distinctive approach, combining rigor, creativity and long-term vision in the service of risk mastery. This shared commitment underpins SCOR’s role as a global reinsurer. By turning risk into resilience and sustainable value, our collective of experts acts with responsibility and purpose. Together, we help protect the future, and shape it, for our clients, for society and for generations to come.

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