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Associate Analyst I - Finance - AP

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Date: Dec 6, 2018

Location: Mumbai, MH, IN

Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Home Care and Pet Nutrition. Colgate sells its products in over 200 countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom’s of Maine, Sanex, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet, Hill’s Prescription Diet and Hill’s Ideal Balance.

For more information about Colgate’s global business, visit the Company’s web site at To learn more about Colgate Bright Smiles, Bright Futures® oral health education program, please visit To learn more about Hill's and the Hill’s Food, Shelter & Love program please visit To learn more about Tom’s of Maine  please visit

Location: Mumbai, Maharashtra, India
No Relocation Assistance Offered
# 71307




Invoice Processing


Associate Analyst I / Associate Analyst II - Finance

Reports to

Associate  Team Lead


Accounts Payable

Location and Department

Colgate Business Services, Accounts Payable – Mumbai


3-5 Years


Commerce Graduate (B.Com)

Job Type

Full Time


Roles and responsibilities:

What the job incumbent will do?

Key Responsibilities include, but are not limited to:


  • Review and verify invoices and check requests
  • Initiate and participate in continuous improvement projects
  • Maintain high productivity and accuracy
  • Ensure adequate controls over the process are maintained
  • Prepare MIS for meeting management requirements
  • Ensure correct rate of TDS has been deducted
  • Perform vendor account reconciliation, resolve the differences and obtain sign offs
  • Analyze old vendor balances and clear issues arising thereof
  • Review of debit balances in vendor accounts and resolution of the same
  • Review of open Purchase Orders and highlight exceptions
  • Duplicate invoice checking
  • Liaise with CAs for obtaining remittance certificates
  • Address level 2 support related supplier/internal customer inquiries
  • Generate, analyze and clearing  the GRIR report
  • Review and timely resolution of all audit queries
  • Understand and pass Goods in Transit and accrual entries at the time of periodic closing of books

What experience and knowledge will the incumbent bring?

  • Working knowledge of GST provisions and withholding tax
  • Working knowledge of Bank Guarantees and Letters of Credit
  • Proficient knowledge of MS Office
  • Prior experience of working on SAP (preferred)









What competencies will the incumbent demonstrate?

Colgate Personal Leadership Competencies



Effective Execution

Balances speed with quality in achieving goals

Processes invoices without keeping them pending beyond the TAT

Effective Execution

Delivers against commitments

Maintain all deadlines for period closing activities

Driving Innovation

Builds on “seed” / incubator ideas

Suggest improvements to streamline and strengthen processes

Consumer/Customer Focused

Takes quick action to resolve consumer / customer / profession issues

Timely resolution of vendor queries

Analysis/ Decision making

Ensures accuracy of data at all times

Ensure that the correct rate of TDS has been applied

Teamwork and Collaboration

Shows ability to communicate clearly, simply and effectively

Writes emails in a clear, concise manner and to the point

Teamwork and Collaboration

Respects and works well with people from different cultures

Keeps cultural sensitivity in mind while communicating with regional centers/ subsidiaries

Teamwork and Collaboration

Works effectively with people in other departments, functions and regions

Does not hesitate in reaching out to colleagues within process or outside for issue resolutions

Global Finance Competencies

Financial Statement Impact

  1. Understands principles of accounting and the impact of transactions on Colgate’s general ledger and financial statements
  2. Follows and documents process protocols (desktop procedures
  3. Accurately records transactions, maintains up-to-date reconciliations and provides timely reports

Financial Analysis & Business Impact

  1. Thoroughly reviews own work before passing it on to others

Leveraging Systems and Technology

  1. Efficiently uses systems, tools and standard reports for daily transactions and reporting
  2. Utilizes Company’s online collaboration tools to enhance interaction and communication with others

Business Perspective & Partnering

  1. Collaborates effectively with business partners to deliver results
  2. Challenges business partners without damaging positive relationships

Finance Organizational Knowledge & Collaboration

  1.  Works well in a virtual team environment
  2. Delivers work on time to meet Service Level Agreements (SLAs)
  3. Identifies and reaches out to experts in specific areas when necessary


Who are the key stakeholders the incumbent will engage with?

  • Global and Regional centres – Warsaw and Mexico
  • Accounts payable – payment processing team
  • External and internal auditors
  • External trade suppliers or vendors


Are you interested in working for Colgate-Palmolive? You can apply to work with us using this online application. Attach all relevant documents such as a cover letter and resume or CV. Applications received by e-mail are not considered in the selection process.

Become part of our team. We look forward to your application.

Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, or any other characteristic protected by law.

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