About this Associate – Accounts Payable role at nVent
We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.
Summary
The Accounts Payable Associate will support the Accounts Payable function for nVent India by ensuring timely and accurate processing of invoices, payments, expense reimbursements, statutory payments, vendor records, reconciliations, month-end provisioning, and audit support. The role requires strong attention to detail, basic ERP/accounting/payment knowledge, and the ability to work collaboratively across Finance, HR, Procurement, banks, vendors, and business teams.
What YOU WILL EXPERIENCE IN THIS POSITION:
In this position, you will get to:
- Lead and support the accounts payable process for nVent India.
- Ensure timely and accurate processing of invoices, payments, and expense reports.
- Coordinate with banks for payment disbursements and payment-related queries.
- Review and approve employee travel reimbursement claims.
- Process foreign payments for materials and services.
- Prepare and share MIS reports, including AP trade, prepaid, and GR reports.
- Ensure timely statutory payments, including NPS, PT, PF, TDS, GST, and Customs.
- Maintain and update vendor records and ensure compliance with company policies.
- Reconcile accounts payable transactions and resolve discrepancies.
- Prepare and analyze accounts payable reports and metrics.
- Collaborate with other departments to streamline processes and improve efficiency.
- Assist in month-end close activities, including provisioning and accrual support.
- Prepare audit schedules and supporting GL information for audit requirements.
- Develop and implement accounts payable policies and procedures as required.
- Prepare and dial up TDS/TCS liability.
- Review and clear IDPMS, ORM, and MTT data.
- Train and mentor team members, fostering a positive and productive work environment.
You have:
Academic background in Bachelor’s degree in Accounting or Finance.
Previous experience in or with Minimum 5 years of Accounts Payable experience.
Technical Knowledge
Strong knowledge of accounting principles and accounts payable processes.
Systems Proficiency in accounting software and Microsoft Office Suite.
Experience with ERP systems such as SAP, M3, and SyteLine is preferred.
WE HAVE:
A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation.
Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.
Commitment to strengthen communities where our employees live and work
We encourage and support the philanthropic activities of our employees worldwide
Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money
Core values that shape our culture and drive us to deliver the best for our employees and our customers. We’re known for being:
Innovative & adaptable
Dedicated to absolute integrity
Focused on the customer first
Respectful and team oriented
Optimistic and energizing
Accountable for performance
Benefits to support the lives of our employees
At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other’s authenticity because we understand that uniqueness sparks growth.
