Sr. Analyst, Procure to Pay – Invoice Operation Services

The Senior Financial Analyst, Procure to Pay (P2P) – Invoice Operation Services will support Versant’s day-to-day P2P operations within the Accounting Operations function. Reporting to a Senior Manager of P2P, this role will play a critical part in ensuring accurate and timely execution of core P2P activities including invoice processing, invoice compliance and governance, payment operations, and issue resolution. The senior analyst will also assist in tracking performance metrics, maintaining compliance with internal controls, and supporting audit and tax reporting requirements. This role will partner closely with business units, vendors, and shared service providers to deliver best-in-class procure to pay support. Key Responsibilities Service Delivery Lead and/or participate on process improvement/reengineering projects that will enhance procure to pay processes and procure to pay tools Process and review invoices and payment runs in SAP and related workflow systems (e.g., Basware, SNAP) Monitor invoice aging, PO status, and vendor inquiries; ensure timely resolution of issues related to invoice mismatches and payment delays Support payment issuance processes (ACH, wire, check), including exception handling and reconciliations Serve as a support point of contact for business users and vendors for inquiries related to invoice status and payments. Resolve or advance issues that come through the P2P Helpdesk Maintain documentation for issue resolution and escalation logs in accordance with standard operating procedures Assist in the administration and support of processes for participations, residuals, and royalty payments Duplicate and overpayment recovery, as well as supplier statement reviews Contribute to tax-related compliance activities (e.g., 1099, 1042, 592 filings) and statutory reporting requirements as directed Engage with BPO resources, as needed, to assist with outsourced activities Liaise with business partners across the organization, e.g. Procurement Operation Services, Sourcing, Legal, Tax, Finance, Accounting Support system testing and new initiatives including acquisitions and mergers Standards and Controls Adhere to internal controls, SOX requirements, and company procurement and disbursement policies Support control documentation and walkthroughs for P2P audit requirements Conduct periodic reviews of vendor master data and assist in exception workflow tracking Ensure data integrity in invoice and vendor records in SAP and supporting systems Performance Monitor and track operational KPIs such as invoice processing cycle time, PO compliance, on-time payment rates, and exception volumes Prepare standard reports and dashboards to assist in weekly/monthly performance tracking Identify and escalate recurring issues or trends in P2P delivery that impact timeliness or compliance Assist with the documentation of process improvement opportunities and system enhancement needs Stay abreast of new tools and technologies in the accounts payable to payment disbursements space and determine how they can be applied to drive efficiency, cost reduction, and transformation in the PTP function People Collaborate with P2P team and other shared services teams Provide peer support and knowledge-sharing across the P2P team Support training of new users and internal stakeholders on P2P tools, workflows, and policies