Senior Accounts Payable Analyst

Sr Analyst, Accounts Payable Relocation Assistance Offered Within Country Job Number #176184 - Mumbai, Maharashtra, India Who We Are Colgate-Palmolive Company is a global consumer products company operating in over 200 countries specializing in Oral Care, Personal Care, Home Care, Skin Care, and Pet Nutrition. Our products are trusted in more households than any other brand in the world, making us a household name! Join Colgate-Palmolive, a caring, innovative growth company reimagining a healthier future for people, their pets, and our planet. Guided by our core values—Caring, Inclusive, and Courageous—we foster a culture that inspires our people to achieve common goals. Together, let's build a brighter, healthier future for all. Brief introduction - Role Summary/Purpose: Sr Analyst with a strong focus on ensuring accurate and efficient knowledge of Abandoned & Unclaimed Property (AUP) and ledger reconciliations. The ideal candidate should have a comprehensive understanding of corporate unclaimed property processes, including review, verification, and processing of stale/uncashed checks, month-end general ledger reconciliations, and state compliance reporting. Ensuring compliance with corporate policies and statutory regulations, and providing support to internal stakeholders regarding escheatment, due diligence, and ledger submissions. Responsibilities: General Ledger & Month-End Reconciliations Execute monthly ledger balance display and transactional reviews. Monitor and review Colgate AUP General Ledger Account . Prepare and submit official monthly reconciliation packages and detail backup files to internal controllers and global bank reconciliation teams by established closing deadlines. Audit multi-entity monthly bank statements against SAP outstanding check listings to verify clearing values and account numbers. Daily & Monthly Outstanding Disbursals Oversight Perform proactive due diligence on stale checks aged 90+ days across Accounts Payable, Payroll/Commissions, Coupon Redemptions, and Consumer Affairs. Collaborate with HR, Accounts Payable, and external payees to research uncashed checks, verify active status, acquire updated legal addresses, and process voids or re-issuances in SAP. Audit Consumer Affairs and promotional check listings against gift card issuance databases to eliminate duplicate payments prior to escheatment. Annual Reclassifications & Multi-Year Aging Perform annual aging reviews to reclassify unresolved liabilities older than two fiscal years into centralized balance sheet AUP accounts. Coordinate annual data collection from subsidiary teams (CP Skin Health A/R and A/P, Colgate Consumer Affairs). Conduct specialized audits on JPMorgan and Citibank accounts, applying filtering rules for check number strings, bank explanation codes, and void history. Third-Party Vendor & Statutory State Compliance Management Manage operational relationship with external compliance partner (MarketSphere) across Fall, Spring, and Summer statutory filing cycles. Prepare and upload accurate data submission files into MarketSphere’s secure portal by strict cutoff deadlines. Review preliminary escheatment reports, exemption analyses, and state due diligence mailing responses. Request, verify, and execute seasonal custodial wire transfers (e.g., via M&T Bank) to fund state remittances. Maintain state-by-state due diligence rules, threshold limits, and online negative reporting mandates. Required Qualifications: Education: Bachelor's Degree in Accounting, Finance, or Business Administration. Experience: Overall 6 Years of AP experience and preferably 1-2 years experience in Unclaimed Property (AUP) management Systems: Proficient in SAP and Advanced Excel Preferred Qualifications: Strong Collaboration with global finance, payroll, and vendor management teams. Good communication skills for conducting due diligence outreach and resolving payee inquiries. Our Commitment to Inclusion Our journey begins with our people—developing strong talent with diverse backgrounds and perspectives to best serve our consumers around the world and fostering an inclusive environment where everyone feels a true sense of belonging. We are dedicated to ensuring that each individual can be their authentic self, is treated with respect, and is empowered by leadership to contribute meaningfully to our business. Equal Opportunity Employer Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law. Reasonable accommodation during the application process is available for persons with disabilities. Please complete this request form should you require accommodation. #LI-Hybrid Experience Level Senior Level