Larsen and Toubro(L&T) Inviting Applications From Job Aspirants

Larsen and Toubro(L&T) Recruiting B.Com for the position Supervisor – P2P Process .This position requires B.Com with prior experience. Interested and eligible candidates have to apply with like arranged at bottom of this post. This vacancy available from 21st Nov 2022  and will expire soon .We are recommended to apply as earliest for early shortlist . Shortlisted candidates have to go through selection process( Test, Interview rounds ) for selection for the position.

Summary of Vacancy- Supervisor – P2P Process

Related Job : L&T Infrastructure Engineering Recruiting Freshers & Experience

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Job Role or Description

• P2P Team supervisor for IC or S&A units. Processing vendor payout activity, process improvements, handling Domestic and import AP process, MIS reports, Monitoring vendor advances, GRIR/ITBR ledger balances, banking operations and monitoring regular SSC- Operations.Primary responsibilities:1.AP vendor payout activity and associated reconciliations2. Coordinating with the business users, F&A and IT teams3. Identify and implement process improvements4. Coordinate with the Internal & External Auditors & ensured no Audit ObservationsDomestic & Foreign Supply/Service Bills:Document verification with purchase order terms, GRN/SRN and Vendor InvoiceEnsure Internal control & statutory complianceTimely Arranging form 15CB from auditors & filing of 15CABooking of freight forwarding charges bills after necessary checking and approvals.Preparing payment Documents for remittance – as per respective bank’s requirements. & formats.Submission of approved requests to banks and getting the payments done.Vendor Letter of Credit Transactions:Verification of Draft LC requests with purchase orders and Final processing of LC on submission of approved LC request from ProjectPreparing LC issuance requests as per respective bank’s requirements & formats and getting it approved.Submission of approved requests to banks in soft as well as hard copies and getting LC’s issued.Taking care of LC amendments, communication with banksEnsure timely tracking of due dates for making LC paymentsVerification of LC issuance & amendment charges with standard rates & document the same with approval as per ICFR Requirements.Reporting :MIS reports related to vendor bill processing.Monitoring regular SSC- OperationsCo coordinating with audit team & providing evidences with explanations for ICFR Requirements.Monthly Review of Open advances & vendor debit balances & getting details from project teams.Secondary:Process improvements, digitization projects and automation.

Company Profile    Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai. The company is counted among world’s top five construction companies

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