About the Role:

About the Role: Accounts Payable Associate is a key member of the Global Financial Operations Team, primarily responsible for executing the day-to-day accounts payable activities and ensuring operational excellence at the transactional level. This role focuses on the accurate, timely, and compliant processing of vendor invoices, T&E claims, and executing monthly business-as-usual (BAU) activities. It requires a professional with a strong foundation in AP principles, meticulous attention to detail, and a proactive, problem-solving mindset.

The Team: Osttra Finance Team is based out of the UK, India, Penang, Sweden and US. It is an entrepreneurial  team, who is highly energetic, flexible, dynamic and works beyond boundaries to deliver the real values. We are standing up an independent global finance team.           

(Hiring Manager to provide to Recruiter - Describe in 2-3 sentences about the team’s dynamic, what makes it different, what it values, etc)

Location: Penang, Malaysia

Work Hours: UK Shift

Responsibilities and Impact:

Role and responsibilities of an Accounts Payable Associate

The AP Associate will ensure the accurate and timely execution of the AP function across EMEA, APAC, US & India regions by focusing on the following core activities:

Invoice Processing: Responsible for the end-to-end accounts payable lifecycle for a high volume of transactions, from invoice receipt and verification to preparation for payment processing.Review and Validation: Review vendor Invoices, Purchase Orders, and Travel & Expense (T&E) claims to verify the correctness of VAT/Tax rates, registration numbers, and applicability based on the supplier's jurisdiction.Compliance: Ensure all invoice processing and transactions comply with internal AP policies, financial regulations, and support compliance with internal controls.Vendor Master Data: Good understanding of Vendor Master Data ensuring controls and data integrity for payment and compliance purposes.Payment Execution: Execute the routine disbursement process, ensuring the timely and accurate execution of vendor invoice and T&E payment cycles.Reporting Support: Assist in preparing and analyzing AP reports, including aging reports and vendor metrics, which feed into management insights on cash flow, month end close and operational performance.Metrics Generation: Contribute to the generation of key operational metrics, including Average Invoice Processing Time, Days Payable Outstanding, and First Pass Match Rate.Audit Support: Assist in supporting internal and external audits by gathering and providing transactional documentation, explanations, and analysis related to accounts payable.Issue Resolution: Serve as a primary point of contact for internal stakeholders and external vendors to resolve complex, transactional payment and invoice-related issues.Process Improvement: Proactively identify opportunities to streamline routine AP processes and support the implementation of new systems or technologies to improve efficiency and accuracy.Cross-Functional Collaboration: Collaborate with teams like Treasury, Group Financial Control, and Legal Entity Control to address and resolve ad-hoc financial and operational challenges at a transactional level.

What We’re Looking For:

Basic Required Experience:

To be successful in this role, the AP Associate must be adept at:

Experience: 5-8 years of relevant, hands-on experience in a global Accounts Payable role with a focus on transactional processing and month-end close activities.Financial & Accounting Acumen: Good, practical understanding of accounts payable principles, three-way matching, and general accounting concepts.Problem-Solving & Analytical Skills: A proactive, solution-oriented mindset with the ability to identify and implement effective resolutions for transactional issues. Strong analytical skills to manage and interpret AP data.Technological proficiency: Strong Proficiency in Microsoft Excel (VLOOKUP, pivot tables, advanced formulas) and experience with ERP systems (e.g., SAP, Oracle).Communication & Collaboration: Excellent verbal and written communication skills with the ability to interact professionally with internal and external stakeholders to resolve issues.

Qualifications:

Graduate

 

About OSTTRA

Candidates should note that OSTTRA is an independent firm, jointly owned by S&P Global and CME Group.  As part of the joint venture, S&P Global provides recruitment services to OSTTRA - however, successful candidates will be interviewed and directly employed by OSTTRA, joining our global team of more than 1,200 post trade experts.

OSTTRA was formed in 2021 through the combination of four businesses that have been at the heart of post trade evolution and innovation for the last 20+ years:  MarkitServ, Traiana, TriOptima and Reset.  OSTTRA is a joint venture, owned 50/50 by S&P Global and CME Group.

 With an outstanding track record of developing and supporting critical market infrastructure, our combined network connects thousands of market participants to streamline end to end workflows - from trade capture at the point of execution, through portfolio optimization, to clearing and settlement.

Joining the OSTTRA team is a unique opportunity to help build a bold new business with an outstanding heritage in financial technology, playing a central role in supporting global financial markets. 

Learn more at www.osttra.com.

What’s In It For You?

Benefits:

We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.

Our benefits include: 

Health & Wellness: Health care coverage designed for the mind and body.

Flexible Downtime: Generous time off helps keep you energized for your time on.

Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.

Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.

Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.

Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Recruitment Fraud Alert:

If you receive an email from a spglobalind.com domain or any other regionally based domains, it is a scam and should be reported to reportfraud@spglobal.com. S&P Global never requires any candidate to pay money for job applications, interviews, offer letters, “pre-employment training” or for equipment/delivery of equipment. Stay informed and protect yourself from recruitment fraud by reviewing our guidelines, fraudulent domains, and how to report suspicious activity here.

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Equal Opportunity Employer

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law.  Only electronic job submissions will be considered for employment.  

 

If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.  
 
US Candidates Only:  The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.  Pay Transparency Nondiscrimination Provision - https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf

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20 - Professional (EEO-2 Job Categories-United States of America), BSMGMT203 - Entry Professional (EEO Job Group)

Job ID: 322220
Posted On: 2025-11-20
Location: Penang-Jalan, Pulau Pinang (Penang), Malaysia