Accounts Payable Specialist

2 weeks ago

hyderabad, India Genpact Full time
The Domain Specialist of Accounts Payable will look at all the metrics and report out to leadership on periodical basis. Daily tracking of payables volumes and ensure the right allocation in the team. Domain specialist will ensure that all controls are being followed and met the SOX compliance. SLA reporting on weekly basis of all the sub processes in Accounts Payable function. Knowledge enhancement sessions for the new teammates and identify the gaps in the processes and proactive action to address any future risks.
The Domain specialist of AP is ultimately responsible for ensuring vendors are paid within contractual terms; that invoices are processed accurately and paid with appropriate approvals and support. AP Associates will also be responsible for the travel and expense and corporate card program to ensure that reimbursements enforce to company policy, paid timely and processed accurately. The Domain specialist must be excited about supplying to growth and change, as this is a fast-paced environment that is a consistently growing and changing business, requiring evolution, and build out of our systems and processes to accommodate increased payables demand.
Responsibilities
Daily tracking of volumes for the entire payables process including Invoices, Helpdesk, T&E etc
Allocation of volumes and supervising for timely completion in adherence of Service Level Agreement
Involvement in all aspects of preparing invoices and expense reports for payment including, but not limited to; inputting to the financial reporting system, coding and verifying correct ledger codes, reviewing, in detail, all of the supporting documentation.
Identify improvement opportunities using Benchmarking data, provide demonstrate to Managers in designing and implementing process improvements and efficiencies along with executing on results required.
Conduct audits of invoices and expenses to ensure compliance with company policies and to protect client from fraud, waste and abuse.
Provide accurate and helpful support with supplier inquiries.
Independently work to resolve discrepancies with clients and departments or individuals throughout the firm.
Program administration and oversight of the company’s corporate card program. Responsible for system administration of Concur, collaborating with technical teams to address problems and implement enhancements.
Establish effective relationship with different partners within and outside the organization through written and verbal communication.
Deep domain expertise in Accounts Payable Operations
Excellent written and verbal communication skills, with a customer service mentality is a must
End to End P2P process knowledge with accounting steps and controls
Understanding of SLAs and implication of non-compliance
Client handling experience which includes providing process updates/ dashboards calls and responding of critical issues
SOX Knowledge and Transparency about control Narratives
Result oriented (ability to prioritize & delegate) and a teammate
Experience working within a SaaS procure to pay or ERP system is preferred. Exposure specifically Workday ERP and/or Concur Travel & Expense systems would be beneficial.
Qualifications we seek in you
Minimum Qualifications
Bachelor’s /master’s degree with a major in Finance and Accounting.
Experience with Accounts Payable or Finance.
Functional SME with Workday Financials and SAP Concur.
Preferred Qualifications
Establish & Manage client relationship through regular engagement with the client
Pro-actively identify the issues or client needs and take action
High customer service oriented
Solid understanding on MS-Office with excellent MS-Excel skills and good PowerPoint skills (should be aware of following MS-Excel functions: VLOOKUP, Hlookup, Pivot, Graphs, Sumif, Countif, Counta, delimit, Concatenate)
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 diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit Follow us on Twitter, Facebook, LinkedIn, and YouTube.

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