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Assistant Vice President - OTC & PTP @ Genpact India

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 Assistant Vice President - OTC & PTP

Job Description

Assistant Vice President, Procure to Pay & Order to Cash

In this role, We are looking for accounting graduates with relevant accounting experience and a sound knowledge of end to end accounts payable process. The ideal candidate should have led a team size of ~50 people.

Responsibilities
  • As a project lead, you will be responsible for Account Payables and Order to cash operations team
  • Articulate and demonstrate basic Accounts payable process concepts 3 way match, PO, NON PO, GRN etc.,
  • Set up and monitor vendor master file, Payments, T&E Processing and Audits, External Regulatory reporting (Eg 1099, DADS2 etc.), Helpdesk, Statement Auditing, Escheatment Function, VAT and Other Special Processes
  • Work on Multiple ERP, Systems and Manual Intensive nature of Work
  • Responsible for completing all activities within agreed time and of highest quality and ensure metrics are met as per agreed KPIs / SLAs targets as applicable.
  • Accountable for client satisfaction and successful external & internal audits
  • Be open to work in any shift as per the business requirement
  • Responsible for strategic planning, execution, project management, and re-engineered operations for large business processes. Prior experience managing processes with 100+ employees.
  • Manage budgets, allocate resources to projects, and plan to effectively deliver services within budgetary limits.
  • Effectively resolve internal and external customer issues and negotiate contracts.
  • Drive transformation, best practices framework, case studies, benchmarking for making processes more efficient and effective
  • Proven ability to analyze operational business requirements, identify potential opportunities, and develop innovative cost-effective solutions for enhancing competitiveness, increasing revenues, and improving customer service offerings to drive business metric improvements and delivering significant business impact results
  • Review collection reports ascertaining the status of collections and balances outstanding to ensure compliance with the credit & collection policy. Develop a strategy to improve AR and reduce bad debts. Proven ability to manage a Large AR portfolio of $5BN - $10BN
  • Lead all aspects of business operations including planning, tracking, supervising, performance reviews, controlling, reporting, and delivering to business and clients, and accountable for the global production environment, ensuring proper change control, monitoring, availability, future growth, and capacity.
  • Accountable to oversee daily, weekly, and monthly project reports analyzing team s performance and productivity, quality scores, and business results. Direct and coordinate with managerial teams on continuous improvement projects, providing guidance and direction to managers on setting performance standards and monitoring performance
  • Manage the preparation of all related month-end reports as part of the month-end close process.
  • Collaborate with other departments on accounting and finance-related projects. Participate in the annual audit. Completes all A/R related audit schedules according to a timeline set forth
  • Oversees creation and implementation of standard operating procedures for business operational departments, process maps, policies, and procedure manuals, and leveraged in day-to-day operations.
  • Support sales/solution teams with OTC expertise while pitching capabilities to prospective new business partners/clients.
Qualifications we seek in you

Minimum qualifications

  • Commerce Graduate
  • Sound domain knowledge
Preferred qualifications
  • MBA in Finance preferred
  • Supervisory/ management level experience in US Healthcare Industry
  • Must be able to perform accounting and financial calculations, including determining interest rates, payment schedules, etc.
  • Knowledge of bankruptcy filing laws
  • Sound financial analytical skills and problem-solving skills.
  • Must be self-directed and possess the ability to make independent business decisions.
  • Must be able to effectively communicate in writing and verbally to senior management.
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Employement Category:

Employement Type: Full time
Industry: IT - Software
Role Category: SBU Head / CEO / Director
Functional Area: Not Applicable
Role/Responsibilies: Assistant Vice President - OTC & PTP

Contact Details:

Company: Genpact India
Location(s): Noida, Gurugram

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₹ 1.0 - 3.0 Lakh/Yr

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Genpact India

Genpact (NYSE: G) is a global professional services firm focused on delivering digital transformation for our clients, putting digital and data to work to create competitive advantage. We do this by integrating lean principles, design thinking, analytics and digital technologies with our domain and ...