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Process developer
Genpact
2 - 5 years
Pune
Posted: 29/11/2024
Job Description
Responsibilities
Follow up missing remittances. Liaise with clients directly where permitted to acquire remittance advice, using this opportunity to identify the root cause for missing allocation details, driving improved remittance saturation.
0-30 Cash responsibility. Responsible for 0-30 bucket, closely supervising new cash received, follow up and raise at every stage with relevant parties driving timely & accurate closure of unapplied cash and preventing inflow to aging buckets.
Approve Payment Transfers. Internal transfer approval for misdirected payments to ensure timely movement of funds to the accurate bank account.
Supporting identification of misdirected payments. When misdirected payments are identified, establish the root cause, i.e. bank mapping, invoice showing incorrect bank account, etc. and work with Lead Cash Specialist to resolve.
Issue Tracker. Update the tracker when issues are identified, e.g. specific cases, systemic issues to drive root cause analysis.
Regional Cash Calls. Attend regional cash calls to discuss open (billed & unbilled) where applicable.
Supporting identification of short payments. Investigate short payments for purposes of VAT, WHT, retention, etc. and provide breakdown of implications for allocation to cash appliers.
Qualifications
Minimum qualifications
University graduate in a related field (Economic/Accounting and Finance studies are an advantage)
Proficient in English
Cash Collections accounting knowledge is a must
Preferred Qualifications / Skills
Good knowledge of US GAAP
Proficiency in Microsoft Office applications (Excel, Power Point)
Excellent communication & interpersonal skills
Solid understanding of Oracle Financials/SAP
Experience in closing and reporting
Ability to work and succeed within tight deadlines and closing peaks
Self-motivation and subject area
Good time leadership skills
The ability to work independently with minimum supervision, a self-starter
Ability to influence without authority and work collaboratively in a team
Proactive & Eager to learn more within and outside your area of expertise
Shift
Day Shift, Sun-Thu
What can we offer?
Attractive salary;
Stable job offers - employment contract;
Work in a multicultural environment;
Various trainings (initiating, soft skills);
Development Opportunities;
Benefits (Medical Insurance, Transportation Allowance, Mobile Phone Allowance, Life Insurance
About Company
Genpact is a global professional services firm delivering digital transformation by putting digital and data to work to create competitive advantage.
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