PTP Payment Processing Associate - 1 year fixed term contract

Payment Proccesing Associate - Fixed term contract for 1 year

This role is responsible for working collaboratively with the Purchase-to-Pay Payment Processing Supervisor in developing and sustaining business practices and/or procedures for all related indirect/direct payables processes and data related to transactional processing for the Procure-to-Pay process stream in the Accounting Shared Services organization. This individual will also work with external/internal partners to ensure timely delivery of workload, adhering to targets and deadlines. Demonstrating invoice processing and payment is completed timely and efficiently to prevent any business interruption to our operations due to non-payment.

How You’ll make an impact

• Work with PTP Payment Processing Supervisor to drive process efficiencies through standardization and further automation in Accounting Shared Services.
• Process Vendor invoices and payments accurately in timely manner.
• Expeditiously resolving reconciling items/held invoices on the Goods Receipt/ Not Invoiced account (GR/IR) via partnership with other teams.
• Complete weekly payment runs and ad-hoc manual payments as required, ensure all invoices and payments conform to DOA policy.
• Request master data changes to ensure payments are made correctly.
• Participate in financial statement close cycle and operational accounting functions to ensure accurate and timely recording of accounts payable transactions. Report on reasons for ledger balance movement over month ends including Trade Creditors, GR/IR and DPO.
• Developing and maintaining work instructions, SOX documentation, ensuring that the standard process is maintained, and documentation remains current.
• Ensure business users and vendors follow defined PTP processes for PO raising prior to invoice receipt, limited non-PO invoices, support education of business users/vendors to follow correct procedure. Proactively improving and undertaking effective business relationship with key vendors and business contacts.

What You’ll bring:

• Bachelor’s degree in economics or finance
• Advanced level of English, any other European language knowledge is an advantage
• At least 2 years of progressive experience in payables processes and data related to transaction processing.
• SAP AP system experience required
• Commitment to teamwork through relationship-building, reliability, and collaboration
• Strong organizational skills and the ability to manage multiple tasks simultaneously with a high degree of accuracy and attention to detail.
• Intermediate to advance knowledge in Excel

Who We Are: For 70 years, Bio-Rad has focused on advancing the discovery process and transforming the fields of science and healthcare. As one of the top five life science companies, we are a global leader in developing, manufacturing, and marketing a broad range of high-quality research and clinical diagnostic products. We help people everywhere live longer, healthier lives. Recently voted a Best Place to Work, Bio-Rad offers a unique employee experience with collaborative teams that span the globe. Here, you are supported by leadership to build your career and are empowered to drive change that makes an impact you can see.    

Benefits: Bio-Rad's biggest asset is its people, and the reason why our Total Rewards deliver programs that provide value, quality, and inclusivity while satisfying the diverse needs of our evolving workforce. Our robust offerings serve to enrich the overall health, wealth, and wellbeing of our employees and their families through the various stages of an employee’s work and life cycle. We’re proud to offer a variety of options, including:  

• Life and accident insurance,  
• Private Health Care Services – unlimited examinations, checkups in numerous specialties free of charge  
• Competitive salary and cafeteria  
• 100% commuting allowance for non Budapest residents  
• Annual bonus  

• Annual salary review  
• Marriage and childbirth allowance  
• School start allowance  
• Loyalty award  
• Employee Referral Program with remarkable referral bonus  

• All You Can Move contract possibility/gym facility discount  
• Hybrid working model (3 days onsite and 2 days home office. Our office is located in Budapest, Futó u. 47, 1082) 

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