Accounts Payable Specialist - SSC

AP Master Data
* Periodically review vendor and bank master data to ensure records are accurate and up-to-date.
* Discuss payment terms for new and existing vendors with local business unit Controllers. Ensure approval obtained for any deviation from standard payment terms.
* Review vendor activity and update inactive vendors.

Invoice Processing & GRIR Maintenance
* Ensure accuracy and timely processing of vendor invoice for PO and non-PO items. Review and standardize account coding of expenses.
* Coordinate with team lead and local business unit Controllers to reduce the occurrence of non-PO invoices.
* Ensure GRIR clearing accounts are maintained up-to-date and identify action plans for any long outstanding items.

Payment
* Ensure all non-PO invoices are authorized before payment.
* Attain detailed understanding of payment methods and country-specific requirements in integrated (host-to-host) or non-integrated payment portals.
* Ensure payment cycle runs are in compliance with MCC and local regulatory requirements.
* Streamline payment run cycles and coordinate payment requests by local business units.
* Coordinate with team lead and local business unit Controllers to reduce number of ad-hoc payment requests and other payment matters.
* Propose authorization controls for payment run approvals in payment portal.

Intercompany Reconciliation
* Work closely with MCC Corporate Accounting on month-end intercompany balance reconciliation and transactions.
* Work with local business units to ensure compliance with MCC policy on intercompany invoice recognition and payment.