- *Organization Background:****Mitsui O.S.K. Lines (MOL) is one of the world's largest multimodal deep\-sea carriers, with a rich maritime legacy spanning over 140 years. Operating across Asia, the Middle East, Europe, Africa, North America, South America, and Oceania, MOL connects global trade routes with a strong presence in international shipping and logistics.** **MOL Information Technology (MOL\-IT) is the Digital Transformation Partner of the MOL Group, delivering customized technology solutions that drive efficiency, innovation, and sustainability across the shipping, logistics, and supply chain domains. Established in 1997, MOL\-IT operates from three locations—Kolkata, Hyderabad and Mumbai—with a team of over 400 software and management professionals. In alignment with the MOL Group’s strong commitment to sustainable growth, MOL\-IT is advancing its digital capabilities to support decarbonization, automation, and smart operations. As part of its growth strategy, MOL\-IT continues to deepen its impact within the MOL Group by aligning digital transformation initiatives with the Group’s long\-term sustainability goals.** **For further details about organization, please visit** **www.mol\-it.com/** **Video \- An Introduction to MOL IT \- YouTube Organization Background MI.** **Job Summary:**
The Associate Accounts Payable (P2P) is responsible for executing and overseeing day\-to\-day Procure\-to\-Pay (P2P) operations, ensuring accurate invoice processing, payment processing, Vendor Reconciliations, Vendor Master Data Creation and compliance with financial policies and regulatory standards.
As a key contributor to the accounting function, this role ensures efficient vendor invoice processing, financial transaction accuracy, and supplier query resolution, maintaining smooth P2P cycle operations. The Executive collaborates closely with Senior Associates, Team Leads, suppliers, and cross\-functional teams to drive process excellence, operational efficiency, and continuous improvement initiatives.**Key Responsibilities:**
- *Procure\-to\-Pay (P2P) Operations \& Financial Processing**
- Perform daily P2P operations, ensuring seamless execution of accounts payable tasks.
- Ensure timely and accurate processing of vendor invoices in the system.
- Maintain accurate transaction records for reporting and audit purposes.
- Verify and audit invoices to ensure compliance with internal financial policies and payment guidelines.
- Download invoices from supplier portals and SharePoint for processing.
- Monitor and track invoices in the system to reflect real\-time processing status.
- Ensure proper documentation for each invoice and payment.
- Review and approve reimbursement requests.
- Escalate unresolved supplier invoice issues and discrepancies to the appropriate teams.
- *Service Delivery \& Compliance**
- Adhere to SLAs, KPIs, and turnaround times (TATs) for transaction processing.
- Ensure compliance with P2P policies, internal controls, and regulatory requirements.
- Maintain strong relationships with group company counterparts and suppliers to ensure smooth operations.
- Coordinate with enablement and support functions to resolve operational challenges.
- Maintain audit readiness and proper record\-keeping for all P2P transactions.
- Participate in daily huddle meetings to align on tasks, priorities, and issue resolution.
- *Supplier \& Stakeholder Engagement**
- Address and resolve supplier/vendor queries in coordination with the front office.
- Maintain professional communication with internal and external stakeholders.
- Coordinate with vendors and onshore teams to resolve discrepancies.
- *Transition Responsibilities**
- Participate in Knowledge Transfer (KT) sessions and assist in documenting processes.
- Ensure compliance with transition timelines and governance requirements.
- Collaborate with the transition team to identify and resolve operational gaps.
- *Process Improvement \& Development**
- Identify areas for process optimization and contribute to automation initiatives.
- Suggest improvements to enhance operational efficiency and financial controls.
- Stay updated on industry best practices and compliance requirements.
- *Key Outputs / Measurable Deliverables:**
- Accuracy \& Timeliness in invoice processing and financial transactions.
- Effective resolution of supplier/vendor queries.
- Adherence to SLAs, KPIs, compliance, and process guidelines.
- Strong collaboration with internal \& external stakeholders.
- Proactive identification and resolution of process gaps.
- *Technical \& Skill\-Based Competencies:**
- *Educational Qualifications**
- Graduate/Postgraduate in Commerce.
- **Basic MS Office Certification.**
- 3\-5 years of relevant AP/P2P experience
- Strong experience in **Shared Services / SSC / BPO** environments.
- Experience managing small teams (formal or ad\-hoc)
- Advanced MS Excel proficiency
- **SAP S4 HANA ERP experience(Mandatory).**
- Shipping/logistics industry experience (preferred)
- Strong communication and stakeholder management skills
- Ability to work in rotational shifts as per global business needs
- *Job Snapshot**
Updated Date
05\-06\-2026
Job ID
Job\_203
Department
Shared Service Center
Location
Hitech City, Hyderabad, Telangana, India
Experience
3 \- 5 Years
Employee Type
Full Time Employee
Salary Range
INR 400000 \- 700000 (Annual)