LTIMindtree is hiring for the position of Business Analyst in across India. Candidates with Any Graduate Degree are eligible to apply for this position. The complete information, eligibility criteria, and requirements are provided below.
Job Description:
Company Name | LTIMindtree |
Position | Business Analyst |
Qualifications | Bachelor’s/ Master’s Degree |
Batch | 2018/ 2019/ 2020/ 2021/ 2022/ 2023/ 2024 |
Experience | Freshers/ Experienced |
Location | PAN India |
Key Responsibilities:
- Manage the receipt of invoices through a designated Microsoft Outlook mailbox.
- Manually input invoice data into SAP ECC.
- Process approximately 60,000 invoices annually.
- Conduct a three-way match between the invoice, purchase order, and goods/services receipt.
- Collaborate with the Vendor Master team to update or rectify vendor details as necessary.
- Resolve matching discrepancies with purchasing agents or relevant parties.
- Achieve a 60% accuracy rate on the first attempt.
- Address billing inquiries and resolve issues with vendors.
- Record sales and use tax obligations.
- Validate general ledger coding accuracy before posting.
- Route non-purchase order invoices for payment approval following the Authority Matrix, accounting for 10% of invoices.
- Review invoices for payment proposals.
- Authorize payment proposals for processing.
- Print and distribute checks as needed, accounting for 1% of payments.
- Utilize SAP to print and automatically sign checks.
- Provide wire payment details to the corporate treasurer when necessary, covering 12% of payments.
- Set up and oversee automatic payments from bank accounts.
- Match payments with corresponding invoices and remove them from aging reports.
- Prepare monthly/quarterly account reconciliations and lead sheets using OneStream.
- Reach out to vendors regarding inquiries on accrued amounts.
- Compile spreadsheets for management review of open AP invoices for accrual.
- Generate journal entries for accrued amounts and submit them to SAP for management approval.
- Produce expense reports categorized by company code/vendor as needed.
- Fulfill management requests as they arise.
Eligibility Criteria:
- Bachelor’s/ Master’s Degree
About Company:
LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700+ clients, LTIMindtree brings extensive domain and technology expertise to help drive superior competitive differentiation, customer experiences, and business outcomes in a converging world. Powered by nearly 90,000 talented and entrepreneurial professionals across 30+ countries, LTIMindtree – a Larsen & Toubro Group company – combines the industry-acclaimed strengths of erstwhile Larsen and Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale.
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