Finance Analyst - Account Payables

Welcome to ABB, a global leader in technology and innovation. We are seeking a highly skilled and motivated Finance Analyst - Account Payables to join our dynamic finance team. As a Finance Analyst, you will play a crucial role in managing and analyzing our accounts payable processes, ensuring accurate and timely payments to our vendors. This is an excellent opportunity for someone who thrives in a fast-paced environment and has a passion for numbers and attention to detail. If you have a strong background in finance and a desire to contribute to a successful and growing organization, we encourage you to apply for this role.

1. Manage and analyze accounts payable processes to ensure accuracy and timeliness of payments to vendors.
2. Review and verify invoices and payment requests to ensure compliance with company policies and procedures.
3. Maintain accurate and up-to-date records of accounts payable transactions and payments.
4. Collaborate with cross-functional teams to resolve any discrepancies or issues with accounts payable.
5. Prepare and maintain various financial reports, including aging reports and cash flow projections.
6. Conduct regular audits of accounts payable processes to identify areas for improvement and implement necessary changes.
7. Monitor cash flow and forecast future payments to ensure adequate funds are available for timely payments.
8. Stay updated on industry trends and best practices for accounts payable management.
9. Communicate with vendors to resolve payment inquiries and maintain positive relationships.
10. Contribute to the development and implementation of new systems and processes to improve efficiency and accuracy of accounts payable.
11. Assist with month-end and year-end closing processes, including reconciliations and journal entries.
12. Provide support to other members of the finance team and assist with ad-hoc projects as needed.
13. Adhere to all company policies, procedures, and regulatory requirements.
14. Maintain confidentiality of financial information and exercise discretion in handling sensitive data.
15. Continuously seek opportunities to improve processes and increase efficiency in accounts payable operations.

According to JobzMall, the average salary range for a Finance Analyst - Account Payables in Bengaluru, Karnataka, India is between ₹4,00,000 - ₹6,00,000 per year. However, this can vary depending on the specific company, industry, and level of experience of the individual.

ABB Ltd. operates as a power and automation technology company. The company provides solutions for secure, energy-efficient generation, transmission and distribution of electricity, and for increasing productivity in industrial, commercial and utility operations. It operates through five segments: Power Products; Power Systems; Discrete Automation and Motion; Low Voltage Products; and Process Automation.