Procure To Pay Analyst (Invoice Processing & Vendor Inquiries)
Description: The Procure to Pay (PTP) Analyst executes supplier invoice processing and inquiry resolution activities within the PTP function, with responsibility for the timely, accurate, and policy compliant handling of invoices, payment-related inquiries, and associated exceptions across Accounts Payable (AP). The role performs day-to-day invoice intake, validation, coding, and posting activities across multiple channels and SAP ERP workflows, supporting both purchase order and non-purchase order transactions, while ensuring adherence to enterprise policies, contractual terms, internal controls, and established service level expectations. The Analyst supports resolution of supplier and Business Area (BA) inquiries, including payment status requests, invoice receipt questions, account discrepancies, holds, short pays, duplicate charges, and related exceptions, utilizing defined case management processes to ensure accurate tracking, documentation, and timely closure of inquiries. The role investigates and resolves invoice and payment exceptions by working with Invoice Processing, Vendor Inquiries, Banking & Supplier Maintenance, Supply Chain, IT, and BA stakeholders through defined handoffs and escalations paths to support end to end resolution across the PTP process. Core responsibilities include maintaining compliance with governance standards related to invoice processing and inquiry handling, ensuring proper documentation, audit readiness, and adherence to internal controls, segregation of duties, and data integrity requirements. The Analyst monitors assigned work queues, volumes, and aging to meet throughput, cycle time, and service level targets, while identifying recurring issues and exceptions within assigned work, and escalating observations through established channels to support continuous improvement initiatives. In addition, the role contributes to process standardization, automation adoption, and service delivery improvements by supporting initiatives that enhance productivity, accuracy, and overall service quality within AP operations. Core work is cyclical and follows a schedule, but at times this role contains a dynamic component which requires the ability to quickly adapt to new and deliver high quality work under pressure. Occasional weekend and day-off support may be required on an as needed basis especially during peak times including year-end and month-end closing. Analysts must be comfortable adapting to new technology in a constantly changing and complex financial world.
Basic Qualifications:
- Finance, Economics or related degree, or equivalent experience/combined education. Entry level.
- Effective analytical skills demonstrated through related experience
- Ability to manage competing priorities on a continuous basis
- Effective Microsoft Office skills with an emphasis in Excel
- Experience / knowledge of entries and related impacts
- Proven effective customer service research and response
- Proven accountability and professionalism
- Demonstrated ability to work well in a team
- Quick and proactive learner with aptitude for various and processes
Desired Skills:
- SAP experience
- Experience with automation software
- Advanced skill level in Excel
- Demonstrated ability to automate manual processes
- Experience in private or public finance
- Demonstrated ability to independently drive change in large cross functional organizations
- Knowledge / experience with FAR and DFAR
Clearance Level: None
Other Important Information You Should Know
Expression of Interest: By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.
Ability to Work Remotely: Full-time Remote Telework: The employee selected for this position will work remotely full time at a location other than a Lockheed Martin designated office/job site. Employees may travel to a Lockheed Martin office for periodic meetings.
Work Schedules: Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.
Schedule for this Position: 4x10 hour day, 3 days off per week
Pay Rate: The annual base salary range for this position in most major metropolitan areas in California, Massachusetts, and New York is $54,100 - $93,725. For states not referenced above, the salary range for this position will reflect the candidates final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
This position is incentive plan eligible.
Pay Rate: The annual base salary range for this position in California, Massachusetts, and New York (excluding most major metropolitan areas), Colorado, Hawaii, Illinois, Maryland, Minnesota, New Jersey, Vermont, Washington or Washington DC is $47,000 - $82,915. For states not referenced above, the salary range for this position will reflect the candidates final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
(Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.
This position is incentive plan eligible.
Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics.
The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.
At Lockheed Martin, we use our passion for purposeful innovation to help keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work. With our employees as our priority, we provide diverse career opportunities designed to propel, develop, and boost agility. Our flexible schedules, competitive pay, and comprehensive benefits enable our employees to live a healthy, fulfilling life at and outside of work. We place an emphasis on empowering our employees by fostering an inclusive environment built upon integrity and corporate responsibility. If this sounds like a culture you connect with, youre invited to apply for this role. Or, if you are unsure whether your experience aligns with the requirements of this position, we encourage you to search on Lockheed Martin Jobs , and apply for roles that align with your qualifications.
Experience Level: Experienced Professional
Business Unit: ENTERPRISE BUSINESS SERVICES
Relocation Available: No
Career Area: Finance
Type: Full-Time
Shift: First
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