Genpact is looking for candidates to join their team as Process Developer- Accounts Payable. This opportunity is for commerce graduates looking to work with an MNC.
The work of Process Developer is to streamline the process of accounting such as handling invoices, processing it by reviewing and resolving the discrepancies found in it. Candidate will be responsible for verifying key documents for various suppliers.
As process developer – accounts payable, the ideal candidate must exhibit exceptional foundation in understanding GST, interstate, intrastate and central tax components. Having knowledge of using SAP ERP software will be a plus.
Job Overview
| Company | Genpact |
| Role | Process Developer – Accounts Payable |
| Location | Noida |
| Education | Graduate in Commerce (BCom) |
| Experience | Freshers / Experienced |
Roles and responsibilities
- Responsible for handling invoice processing by reviewing, resolving discrepancies, and ensuring timely payment release.
- Explaining and applying fundamental Accounts Payable principles, including 3-way matching, purchase orders, non-PO invoices, and goods receipt notes.
- Possess a solid understanding of India-specific Accounts Payable procedures.
- Process India import invoices by verifying key documents such as the Bill of Entry and packing list before posting.
- Demonstrate expertise in Tax Deducted at Source (TDS), including knowledge of deduction percentages for various expense categories.
- Understand TDS applicability on service expenses paid in foreign currency.
- Have a foundational understanding of GST, including intrastate, interstate, state, and central tax components along with applicable rates.
- Address and resolve vendor inquiries received via email or ticketing systems within the agreed service level agreement (SLA).
- Verify invoice accuracy by checking essential details such as supplier information, purchase order, bank account details, invoice number, and date.
- Track and manage invoice exceptions, ensuring timely resolution based on an established exception tracker.
- Maintain detailed records of process-related exceptions for knowledge retention and process improvement.
- Independently execute transactional tasks to support compliance, planning, and operational execution.
- Follow up with requesters through calls, emails, or tickets to resolve invoice holds in accordance with AP guidelines.
- Adhere to internal compliance policies and guidelines set by management in day-to-day operations.
- Conduct routine internal audits to ensure all invoices and queries comply with established guidelines.
Qualifications
Education: Candidate must be graduated in Commerce.
Eligibility
- Experience: Both experienced and freshers are eligible for applying.
Skills
Required skills
- Must be fluent in English, both spoken and written.
- Should have relevant work experience in Accounts Payable or a similar field.
Preferred skills
- Having knowledge of Indian statutory requirements is a plus.
- Experience in processing transactions using SAP ERP will be preferred.
About Company
What is Genpact, and what does the company do?
Genpact Ltd. is an American based multinational company that helps businesses to improve their operations using latest technologies, data, and artificial intelligence. The company was originally part of General Electric (GE) and later became an independent company in 2005.
Genpact Ltd. provides services like finance and accounting, supply chain management, customer service, and digital transformation. Many other big companies rely on Genpact to make their processes more efficient and cost-effective.
Why do people want to work at Genpact?
Genpact is well known for offering excellent career growth opportunities and training programs to its employees. The company provides jobs in various fields, including finance, IT, analytics, and customer service.
The company’s core values are innovation and teamwork which makes it a better place for learning and skill development. It provides its employees to work flexibly from home and has a supportive work culture.
Most common interview questions asked at Genpact
Most often asked questions by Genpact company during HR interview process is:
- Tell me about yourself.
- Why do you want to work at Genpact?
- What do you know about Genpact?
- What are your strengths and weaknesses?
- How do you handle pressure or deadlines?
Note: For this role the company may ask questions related to finance, accounting and SAP. To prepare well for Technical rounds, you should research about the position and questions related to accounting & finance.
How to apply?
- Go through all the details mentioned on this page.
- Click on the ‘Apply’ button, given below.
- You will be redirected to the application form.
- Click on the ‘Apply Online’ button.
- Create an account with Genpact careers. (You can simply login if you already have an account).
- Fill up the form and upload your latest updated resume.
- Click on the ‘Submit’ button.
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