Management trainee accounts payable

Genpact is seeking a Management Trainee-Accounts Payable to join their team. The role involves identifying and understanding open/reconciling items, investigation and follow-up for resolution, and ensuring accurate accounting records. The ideal candidate will have a strong understanding of basic accountancy, knowledge of 2-way and 3-way match, PO, and Non-PO Invoice accounting, and 3 years of experience in invoice processing.

Requirements

• Identifying & understanding the open/reconciling items
• Investigation and follow-up for resolution
• Liaison with Accounts Receivable, Inventory team, Accounting & reporting team, Local Finance, Customer service group, Vendors, Controllership, Tax team and other departments
• Ensures accurate accounting records for receipts, disbursements, and other accounting transactions
• Applying Accepted Procedures to the preparation and maintenance of accounting and other records
• Good understanding of basic accountancy
• Should have knowledge of 2-way and 3-way match, PO, and Non-PO Invoice accounting
• 3 years of experience in invoice processing
• Identifying & understanding the open/reconciling items
• Investigation and follow-up for resolution
• Able to identify purchase order items with differences between goods receipts and invoice receipts and try to reconcile
• Perform regular GR/IR account reconciliations to ensure accurate financial reporting. Identify, investigate, and resolve discrepancies between goods received and invoices
• Maintain good relationships with vendors through effective communication regarding invoice discrepancies and payment issues
• Prepare and present reports detailing the status of the GR/IR account, including any discrepancies and the steps taken to resolve them
• Continually review and improve the GR/IR reconciliation process to increase efficiency and accuracy

Benefits

• Generous Paid Time Off
• 401k Matching
• Retirement Plan
• Visa Sponsorship
• Four Day Work Week
• Generous Parental Leave
• Tuition Reimbursement
• Relocation Assistance