Senior Process Associate ITP

Reposted Yesterday
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Kharadi, Pune, Maharashtra, IND
In-Office
Mid level
Healthtech • Biotech
The Role
The Senior Process Associate ITP leads the Payments Processing function, ensuring accurate payments and compliance while optimizing cash management. Responsibilities include managing vendor relationships, addressing inquiries, and driving process improvements.
Summary Generated by Built In
Senior Process Associate - ITP (Pune, India)

“Life Unlimited” At Smith+Nephew. We design and Manufacture technology that takes the limits off living.

This role will be responsible for independently manage critical Accounts Payable activities, ensure timely issue resolution, and support business stakeholders.

What will you be doing?

  • Perform end-to-end MRBR monitoring and resolution by analyzing blocked invoices, coordinating with internal stakeholders, and ensuring timely release of invoices for payment.

  • Manage GR/IR reconciliation, identify aged and unmatched items, perform root cause analysis, and coordinate with business teams for timely closure.

  • Execute and support the Accrual Process, ensuring accurate identification, validation, posting support, and adherence to month-end closing timelines.

  • Handle client escalations independently by performing detailed analysis, providing timely updates, driving resolution, and maintaining effective stakeholder communication.

  • Monitor and manage the Approval Queue Aging Report, follow up with approvers, highlight aging items, and ensure invoices are approved within SLA.

  • Identify process gaps and recommend improvements to enhance operational efficiency and reduce aging.

  • Prepare operational reports, perform trend analysis, and share actionable insights with the leadership team.

  • Ensure compliance with company policies, internal controls, and audit requirements.

  • Support month-end activities and collaborate with cross-functional teams to achieve business objectives.

What will you need to be Successful?

  • Education: Graduate or Post Graduate Degree - B.Com / M.Com.

  • Minimum 3-5 Years of AP full cycle AP Payment processing, On Time payment, DPO, basic accounting principles.

  • Experience with working in a global shared service centre.

  • Strong attention to detail focusing on quality and accuracy. 

  • Self-starter with the ability to multi-task in a fast paced environment.

  • Able to work month end schedules and different shifts.

  • SAP (ECC6), Microsoft Axapta (2009, 2012), Ariba experience preferred.

  • Great teammate with ability to build relationships and influence team members and wider partners with validated problem solvent skills.

  • Excellent English communications skills written and verbal.

You. Unlimited.

We believe in creating the greatest good for society. Our strongest investments are in our people and patients we serve.

Inclusion, Diversity and Equity – committed to welcoming, celebration and thriving on Diversity. Learn more about it on our website : https://www.smith-nephew.com/

Other reasons why you will love it here!

  • Your future: Major medical coverage + Policy exclusions and Insurance non-medical limit.

  • Education Assistance

  • Work / Life balance: Flexible Personal / Vacation time off, Privilege leave, Floater leave etc.

  • Your Wellbeing: Parents / Parents in law’s insurance coverage also available.

  • Flexibility: Hybrid work model (for most professional roles).

  • Extra Perks: Free Cab Transport facility for all employees, one time meal provided to all employees as per shifts. Night Shift Allowances.

#LI-AL1

Stay connected by joining our Talent Community.

We're more than just a company - we're a community! Follow us on LinkedIn to see how we support and empower our employees and patients every day.  


Check us out on Glassdoor for a glimpse behind the scenes and a sneak peek into You. Unlimited., life, culture, and benefits at S+N.

Explore our website and learn more about our mission, our team, and the opportunities we offer. 

Skills Required

  • Graduate / Post Graduate Degree - B.Com / M.Com
  • 3-5 Years of AP Payment processing experience
  • Experience with global shared service centers
  • Strong analytical skills and detail-oriented
  • Excellent English communication skills written and verbal
  • Proficiency in Microsoft Office Suite
  • SAP, Microsoft Axapta, Ariba experience preferred
  • Continuous improvement experience / Lean methodologies preferred

Smith & Nephew Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Smith & Nephew and has not been reviewed or approved by Smith & Nephew.

  • Healthcare Strength Medical, dental, and vision plans are paired with a global mental‑health program for employees and families, indicating a robust core health package.
  • Retirement Support U.S. employees have access to a 401(k) with company contributions, and share plans complement long‑term savings.
  • Leave & Time Off Breadth Generous holiday, paid volunteering leave, and flexible work models point to broad time‑off options.

Smith & Nephew Insights

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The Company
Andover, MA
15,318 Employees

What We Do

Smith+Nephew is a global medical technology company. We design and manufacture technology that takes the limits off living. We support healthcare professionals to return their patients to health and mobility, helping them to perform at their fullest potential. From our first employee and founder, T.J. Smith, to our team today, it’s our people who make Smith+Nephew a unique place. Yes, we love to innovate and develop exciting technologies, and we offer competitive salaries and progressive benefits. But it’s our culture - of Care, Collaboration and Courage - that really sets us apart. Through a spirit of ownership and can-do attitude, we work together to win.. We’re a company of people who care about each other, about our customers and their patients, and about our communities. Together, we fulfill our shared purpose of Life Unlimited. Please note: not all products referred to may be approved for use or available in all markets.

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