LyondellBasell
POSITION DESCRIPTION
Department: Finance Location: Mumbai
Accounts Payable Regional
Position Title: Accounts Payable Specialist Supervisor’s Position Title:
Process Lead, Asia & AFMEI
BASIC FUNCTION:
Reporting to the Accounts Payable Regional Process Lead, Asia & AfMEI, this position provides technical accounting and
analysis support to Procure to Pay (PTP) workstreams with focus on Accounts Payable and Travel & Expenses. These sub-
processes related to automation strategies to ensure team objectives are met within LYB Accounts Payable standards and in-
country local regulations and governances. This position may be assigned to the following sub-teams:
Invoicing - Logistics , Non-Logistics, Specials Desk, Payments - Check Processing/EFT Helpdesk - Inquiries
RESPONSIBILITIES AND ACCOUNTABILITIES:
Accounts Payable
1. Support the Senior Process Analysts with various project initiatives.
2. Assist the Regional Process Lead to sustain compliance controls across the organization in alignment with our Accounts
Payables standard operating procedures.
3. Depending on the sub-team this position is assigned, the daily work focus is different.
4. Support integration, adoption and optimization of standardized AP Automation application, tools, and workflow processes.
5. Process PTP related transactions in SAP; or any other ERP system as instructed in an accurate and timely manner.
6. Conduct regular reconciliations for AP related balance sheet accounts.
7. Participate in month end closing activities as directed.
8. Perform system testing on AP activities for all system enhancements.
9. Have a detailed understanding of PTP process.
10. Ensure timely follow up with concern departments for non-compliance of GST from vendor end
11. Ensure proper mapping of GST rate with HSN code in coordination with taxation team where ever applicable
12. Ensure proper checking and update of correct GST number of vendor in system
13. Ensure proper TDS rate applicable and deduction against services provided by vendor
14. Assist AP Regional Process Lead Asia & AFMEI with ad hoc tasks as assigned.
Treasury
15. Ensure bank details in SAP matches with SAP and in case of mismatch, discuss with concern department / supervisor
16. Liaise with bank for Manual payments (overseas & local) & other related documentation/communication (BOE
acceptance/ ORM, Open BOE / Compliance check queries for customers & vendor payments)
17. Processing of Statutory payments such as Custom duty and GST through Virtual Bank via online banking system
PERSON SPECIFICATION: (Typical knowledge, qualifications and experience needed for the role).
Education:
• Professional education in Accounting, Finance or related discipline
Work Experience:
• 2 to 3 years of Accounts Payables experience
• Working experience in a multinational company environment, with ability to work in diverse cultures.
Licenses & Certifications:
• Professional qualifications: not essential
Critical Competencies/Behaviors:
• Acts with integrity, fairness, and high standards of accountability
• Deadline-conscious with “can do” spirit to ensure correct & timely execution on AP related transactions.
• A good team player with strong verbal and written communication skills
• Have a positive work altitude including willing to work longer hours during peak periods.
• Self-motivated to learn new concepts and take part in new projects.
• Agile, results oriented, customer focused.
• Able to work under pressure.
Skills:
• Be familiar with SAP system and skillful in Microsoft Office, especially Excel, Powerpoint.
Languages: Good spoken, written English. Speak and understand another language will be an advantage.
