Accounts Payable Specialist

About AstraZeneca

AstraZeneca is a global, science-led, patient-focused biopharmaceutical company that focuses on the discovery,developmentand commercialization of prescription medicines for some of the world’s most serious diseases. Butwe’remore than one of the world’s leading pharmaceutical companies.

Accounts Payable Specialist

Role Summary

The Finance Manager – Accounts Payable will lead AstraZeneca’s end-to-end AP operations, T&E/corporate card governance, and related finance processes, ensuringaccurateandtimelypayments, strong internal controls, and compliance with AZ policies and India statutory requirements. Key policy frameworks include AZ’s COUPA Policies, Concur Travel & Expense, Corporate Card Policies, AZPIL Travel Allowance Policy, and regulations under Companies Act, SEBI (as applicable), MSME, GST, and TDS. The role also oversees fixed assets capitalization and compliance with capital expenditure guidelines andAZStandards andsupports payroll reconciliations and cash flow management.

Key Responsibilities 

Operations & Compliance

• Lead end-to-end AP processing in ERP and COUPA (invoice capture, 2/3-way match, exception resolution, payment runs) with SLA adherence 

• Enforce COUPA P2P policies, Concur T&E workflows, and Corporate Card Policies (issuance, limits, receipts,timelysubmission/approval), and apply AZPIL Travel Allowance Policy.

• Maintain robust internal controls and India statutory compliance (Companies Act, MSME payment timelines/interest, GST/TDS; SEBI disclosures/related-party rigor where relevant); prevent duplicates, manage vendor bank changes, andmonitoranomalies.

• Govern vendor master data (KYC, PAN/GST validation, bank verification), perform supplier reconciliations, and resolve disputes; ensureontimepayments to MSME vendors.

• Fixed Assets & Capital Governance

• Oversee fixed assets lifecycle: capitalization, asset master integrity, tagging, useful lives, depreciation, retirements/disposals, CWIP monitoring, and GR/IR linkages to capexPOs.

• Ensure adherence to capital expenditure guidelines (business case, approvals, budget checks, DOA) and compliance with Internal GAM (Global Accounting Manual) for recognition, classification, impairment, and disclosures.

• Coordinate with Procurement, Projects, and Facilities for asset receipt/acceptance,inservicedates, andtimelycapitalization; support asset physical verification and audit requests.

• Cash Flow, Payroll & Close

• Partner with Treasury tooptimizeInter Company and externalpayment calendars/terms andmanageWAPTwhile meeting MSME statutory obligations; provide weekly cash forecast inputs and FCF drivers from AP, T&E, and capex.

• Driveaccurateperiod close:Payroll reconciliations,AP accruals, GR/IR and vendor reconciliations, T&E/corporate card accruals, fixed asset additions/depreciation, and balance sheet substantiation.

• Systems, Reporting & Improvement

• Champion ERP, COUPA, Concur, OCR/IDP,einvoicing, supplier portals, and RPA; define requirements, lead UAT, and drive adoption/data quality.

• Own KPI dashboards and insights, GR/IR aging, MSMEontimecompliance, T&E adherence, fixed asset capitalization timeliness, and FCF

• Leadautomation and simplificationinitiatives to reduce errors/manual work; manage escalationsand stakeholder satisfaction across AP, T&E, and fixed assets.

Skills and Competencies

• Technical Finance: AP accounting, 2/3way match, GR/IR, accruals,GST/TDS, T&E/corporate card accounting, fixed assets capitalization/depreciation, CWIP, and payroll GL reconciliations.

• Controls and Compliance: Internal control frameworks (e.g.,SOX/IFC), COUPA/Concur policy enforcement, segregation of duties, audit readiness, Internal GAM adherence, and India statutory compliance (Companies Act, MSME, GST/TDS; SEBI as applicable).

• ERP and Tools:ProficiencywithSAP S/4HANA/,COUPAP2P,ConcurT&E; familiarity with OCR/IDP,einvoicing, supplier portals, andRPA/automation.

• Data and Analytics: Advanced Excel/reporting; ability to design dashboards andanalyzeKPIs for process optimization andFCFdrivers.

• Stakeholder Management: Effective communication and influence with Procurement, Treasury, HR/Payroll, Projects,back office,middleoffice,businessunitsand issue resolution.

Experience and Qualifications

• Education:Bachelor’s degree in Accounting, FinanceandCA/CPA/CMA– Intermediateor Final 

• Experience: 7–10+ years in finance withexposure toAudit,Treasury,Taxation ,GLreconciliation:Indiamultientity/multicurrency exposure preferred.

• Industry Background: Large enterprise or Global Business Services/Shared Services; pharma/biotech or manufacturing exposure is beneficial.

• Regulatory/Policy: Proven compliance with COUPA, Concur, Corporate Card Policies, AZPIL Travel Allowance Policy,Ind AS, IFRSand India GST/TDS, MSME, Companies Act; familiarity with SEBI contexts where applicable.

Why AstraZeneca?

At AstraZenecawe’rededicated to being a Great Place to Work. Where you are empowered to push the boundaries of science and unleash your entrepreneurial spirit.There’sno better place to make a difference to medicine,patientsand society. An inclusive culture that champions diversity and collaboration, and always committed to lifelong learning,growthand development.We’reon an exciting journey to pioneer the future of healthcare.