Management Trainee- Accounts Payable

Job Description Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI. Inviting applications for the role of a Management Trainee, Accounts Payable We are looking for someone who can coordinate the Accounts Payable function. Also, assist associates to identify & implement AP improvements. You must be a Finance and Accounting Subject Matter Guide with relevant experience in the accounts payable (specifically experience into Payments Processing, Vendor Master Data, Invoice Processing) process. Responsibilities In this role, you will be responsible for all the activities related to accounts payable, which include: .Vendor Data Creation & Maintenance: oCreate and update vendor records in SAP ERP systems oEnsure accuracy of vendor details such as legal name, address, tax information, banking details, and contact information oCollect and verify mandatory documents (GST, PAN, Tax certificates, etc.) oEnsure compliance with company policies and local regulatory requirements .Payment Processing oPrepare and process vendor payments runs (ACH, Wire, Cheque, online transfers) through SAP oEnsure timely payments as per agreed credit terms oMaintain proper documentation for audit and statutory requirements. oRespond to vendor queries regarding payment status. oResolve discrepancies related to invoices or deductions. .Invoice Processing oReceive, review, and validate vendor invoices for accuracy and completeness oEnsure proper coding and posting of invoices in the SAP ERP/accounting system oMatch invoices with purchase orders and goods receipt notes/Delivery Note (3-way match) oVerify tax compliance (GST, TDS) and apply deductions as per statutory norms oRoute invoices for necessary approvals as per company policy oTrack pending approvals and follow up to avoid delays in processing. .AP Queries Management oHandle vendor inquiries regarding invoice status, payment timelines, and discrepancies through Outlook generic mailbox & Service Now platform oInvestigate and resolve issues related to incorrect invoices, short payments, or deductions Qualifications Minimum qualifications .B.Com Graduate .Significant Experience Preferred qualifications .Good communication skills & highly proactive approach .Strong SME knowledge of accounting concepts .Good knowledge of MS Excel and Word. .ERP knowledge like SAP and PeopleSoft will be an added advantage Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values respect and integrity, customer focus, and innovation. Get to know us at www.genpact.com and on X, Facebook, LinkedIn, and YouTube. Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a %27starter kit,%27 paying to apply, or purchasing equipment or training.