Genpact is actively recruiting a Process Associate – Accounts Payable with a bachelor’s degree in accounting or finance.
About Genpact
Genpact is a diverse and innovative company with over 115,000 employees, known for its digital expertise and creative problem-solving. Aim to transform how businesses operate and continually strive to make a positive impact on the world. Genpact values diversity, inclusion, respect, customer focus, and innovation in creating a dynamic work environment.
Job Overview :
Job tittle : Process Associate – Accounts Payable
Primary : Location India-Hyderabad
Schedule : Full-time
Education Level : Bachelor’s / Graduation / Equivalent
Responsibilities:
- Process Purchase Orders, Non-Purchase Orders (FI), and e Invoices following established procedures.
- Reconcile the processed work by the team, verifying entries, and comparing system reports.
- Charge expenses to accounts and cost centers by analyzing invoice/expense reports and recording entries.
- Plan daily production and allocate the inflow volume to respective team members.
- Pay vendors by monitoring contract/PO terms, discounts, scheduling, and preparing checks/Fund Transfer Orders.
- Resolve purchase order, contract, invoice, or payment discrepancies and documentation; ensure credit is received for outstanding memos, issuing stop-payments, or purchase order amendments.
- Process travel and expense reports of employees by receiving and verifying expense reports for advances and receipts.
- Demonstrate proficiency in Excel reports like Pivot tables, formulas, formatting, and data cleansing.
- Resolve queries like wrong posting, reversal, and corrections.
- Support team members in processing corrections by clarifying their doubts and confusions.
- Ensure SOPs are reviewed frequently, and the latest updates are incorporated post-client sign-off.
- Maintain 100% accuracy in invoice processing and monthly reports.
- Report taxes while processing region-specific invoices as per the requirement.
- Understanding of Helpdesk operations would be an added advantage.
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Preferred Qualifications/ Skills:
- Bachelor/Master of Commerce or Business Administration.
- Relevant work experience in AP, preferably in the Oil and Gas industry.
- Proficiency in written and spoken English.
- Practical knowledge of SAP (preferred).
- Practical knowledge of Reporting and Service Now (preferred).
- Understanding of the Source to Pay process is a plus.
- Excellent time management and planning skills.
- Attention to detail, good analytical and problem-solving capabilities.
- Drive to achieve results and deliver on goals.
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