Transaction Processing Analyst P2P

ABOUT US

Tate & Lyle is on a journey of change, inspired by our purpose of Transforming Lives through the Science of Food. Today, we are a global leader in sweetening, texture and fortification products that remove calories and add fibre. Customers use our innovations to create healthier, tastier food and drink for billions of consumers. Across the world, we are unlocking the curiosity and courage in our people – to foster a truly experimental culture and create a tech-enabled, more agile, risk-ready operation. Join us to play your part in growing our business and its positive impact on communities, society and the planet.
 

ROLE PURPOSE

The Transaction Processing Analyst is responsible for ensuring the accurate and timely processing of invoices or payments and account reconciliations within the Purchase-to-Pay (P2P) process. This includes managing the full cycle from Vendor Invoice Processing and Payment Processing for both external and internal vendors to Period Closing Activities. The role also involves resolving discrepancies, maintaining compliance with corporate policies and regulatory requirements, and supporting continuous process improvements to enhance efficiency within the Global Shared Services Centre (GSS).

MAIN ACCOUNTABILITIES

• Efficiently process invoices or payments, meeting business and vendor expectations.
• Resolve business and vendor queries and issues effectively.
• Be responsible for month-end closing activities and balance sheet account reconciliations.
• Prepare regular and ad hoc reports.
• Create and update Detailed Process Manuals.
• Ensure compliance with corporate policies and regulatory guidelines, implementing formal process documentation and internal controls.
• Meet agreed KPIs and SLAs, ensuring all targets are achieved.
• Continuously improve processes, striving for best practices and excellence.
• Actively participate in process improvements and the development of best practice processes.
• Contribute to a positive working environment within the Global Shared Services Centre (GSS).
• Support other team members and departments as required.
• Complete other tasks as assigned by the Supervisor.

Key Responsibilities of the P2P Posting:

• Process vendor invoices, ensure proper 3-way matching, verify invoice approval, tax calculation, and cost allocation.
• Respond to vendor questions regarding invoices and payments and resolve invoice discrepancies in conjunction with procurement and business units.
• Perform month-end close activities, including accruals, reconciliation of AP SAP ledger to GL, and resolution of outstanding balances.
• Ensure compliance controls and support internal and external auditors by providing necessary documentation.
• Perform internal controls such as quality checks, GRIR reconciliation, and vendor account reconciliation.
• Identify and mitigate fraud risks, duplicate payments, and non-compliant transactions.
• Perform other tasks related to company code specifications.

WHAT WE CAN OFFER YOU

As a business operating in 50 countries worldwide, we offer a global rewards package to all employees alongside a range of country-specific benefits. In addition to the flexible working policy, hybrid working model & competitive salary we offer:

• Extensive development opportunities and programs (vertical & horizontal promotions, foreign assignments, projects, broad range of internal & external training)
• Private medical care, including dental care
• MyBenefit Platform, including Multisport
• Lunch subsidy
• Work from home benefits package
• Languages assistance program
• Personal trainer
• Life Insurance
• LinkedIn Learning Platform access
• Employee Assistance Program (an online platform to support your well-being) and Mental Wellness University
• Possibility to participate in various programs & projects, including activities in Charity Team, First Aid Team, Emergency Team, Active Team and Eco Team
• Last but not least: Work in a welcoming, stimulating, and energetic environment where you can unleash your potential
   

At Tate & Lyle, we are committed to all our employees being seen, heard, and valued and thus, we value the contributions of people with unique backgrounds, identities, and experiences.

Tate & Lyle is an equal opportunity employer, committed to the strength of an inclusive workforce.