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5.0 - 7.0 years
0 Lacs
Bengaluru / Bangalore, Karnataka, India
On-site
Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI. Inviting applications for the role of Assistant Manager - S&T Back-Office Settlement Summary The Analyst, S&T Back-Office Settlement primary responsibility is to ensure that S&T invoices are processed and sent in a timely and accurate manner according to the customer&rsquos invoicing agreement and countries regulations following S&T Back Office Settlement process. Responsibilities In this role, the shortlisted candidate will be responsible to perform the following: . Ensure that all monthly invoices and reports are processed and sent to customers in a timely manner as per contracts terms using internal systems. . Reconcile cash settlement for all executed traded OTC Derivatives . Invoices generation - OTC Derivatives ( Swap and Options ) , Physical Nat Gas, Physical Conti Power & Gas , Sustainability (REC,I-REC, Goos,VER) . Reconcile all grid invoices and pass-through costs. . Transmit cash instructions to the Finance team (AP/AR). . Liaise with counterparties, and internal teams such as Front Office, Contracts, Middle Office & Collections to resolve settlement discrepancies. . Liaise closely with the accounting team on revenue recognition. . Reconcile payable and receivable against bank account and follow-up with customers and suppliers. . Follow up on requests from customers and suppliers inquiries by also communicating with business. . Attention to detail and ability to manage several tasks at once by ensuring all trade economics and discrepancies are appropriately investigated and resolved, while managing client expectations and potential fail exposure. . Prepare to gain a comprehensive understanding of the trade lifecycle and associated cash flows by interacting with Traders and middle office. . Maintain shared outlook mailbox, by responding timely with accurate information to both external and internal customers. . File and label all contractual correspondence and email in box following Documentation retention process. . Assist on providing information relating to SOX controls with Internal/External Auditors. . Communicate efficiently with business partners, team members, and Management. . Knowledge in Electricity, Nat Gas , Oil & Sustainability markets would be an added advantage. Qualifications Minimum qualifications MBA/ PGDBM /B. Com (Finance / Accounting) Preferred qualifications . Professional experience of 5 years or more . Ability to work independently without significant supervision . Good communication skills as job involves liaising with clients and their internal departments . Degree level or possess an equivalent level qualification. . Experience in Commodities Settlement is preferable. . International experience is preferable. . Must be fluent in a Scandinavian language and English both verbally and in writing, Finnish is an advantage. Preferred skills . Strong change management skills, and ability to manage multiple priorities . Ability to learn very quickly and identify improvement opportunities - high energy and self-starting individual . Viewed as insightful, articulate, persuasive, and organized . Strong drive, work ethics, and leadership qualities . Maintains confidentiality of information used and exchanged in research within the legal and compliance framework . Good Team player . Excellent written/oral communication skills and attention to detail . Strong analytical and problem-solving skills . Strong planning and organizational skills . Innovative in providing and addressing business needs in a changing environment. . Use of Microsoft Office Suite including Word, PowerPoint, Access, Excel and Outlook, PowerBI and willingness to experiment and work with new technologies. Shift Timing -UK Shift - 01:00 PM to 11:00 PM IST 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 respect and integrity, customer focus, and innovation. Get to know us at www.genpact.com and on X, Facebook, LinkedIn, and YouTube. Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a %27starter kit,%27 paying to apply, or purchasing equipment or training.
Posted 2 weeks ago
3.0 - 6.0 years
0 Lacs
Chennai, Tamil Nadu, India
On-site
Introduction A career in IBM Consulting embraces long-term relationships and close collaboration with clients across the globe. In this role, you will work for IBM BPO, part of Consulting that accelerates digital transformation using agile methodologies, process mining, and AI-powered workflows. Youll work with visionaries across multiple industries to improve the hybrid cloud and AI journey for the most innovative and valuable companies in the world. Your ability to accelerate impact and make meaningful change for your clients is enabled by our strategic partner ecosystem and our robust technology platforms across the IBM portfolio, including IBM Software and Red Hat. Curiosity and a constant quest for knowledge serve as the foundation to success in IBM Consulting. In your role, youll be supported by mentors and coaches who will encourage you to challenge the norm, investigate ideas outside of your role, and come up with creative solutions resulting in groundbreaking impact for a wide network of clients. Our culture of evolution and empathy centers on long-term career growth and learning opportunities in an environment that embraces your unique skills and experience. Your role and responsibilities As Senior Process Analyst - Order to Cash (O2C), you are responsible for processing Accounts Receivable - posting and balancing daily cash applications, preparing journal entries, filing records, and general account reconciliations. You should be flexible to work in shifts. Your primary responsibilities include: Analysis of receivable accounts, investigation of entries, and pulling audit prep work. Involve in getting instructions, direct Debit run, rejection of Direct Debit, and Oracle updating. Investigate unapplied payments, rectify them, and ensure proper allocation. Provide information relating to customer payments, refunds, and other miscellaneous accounts receivables questions. Adhere to client SLAs (Service Level Agreements) and timelines. Required education Bachelors Degree Preferred education Masters Degree Required technical and professional expertise Commerce graduate with a minimum of 3-6 years of experience in Order to Cash (O2C), basic accounting knowledge, and understanding of various accounting principles. Hands-on expertise to increase cash application automation, increase touchless cash settlement, and reduce cash application complexity and instability across accounts assigned. Prior experience in monitoring customer account statuses and results regarding cash application against defined critical metrics, goals, and objectives. Proven experience in building and utilizing reports to analyze pertinent account information. Experience in collaboration and negotiation with customers, sales field, and finance functions to achieve improvements. Working knowledge to identify and implement action plans and process improvements with mentorship. Preferred technical and professional experience Proficient in MS Office applications and any ERP software as an end-user. Ambitious individual who can work under their direction towards agreed targets/goals. Ability to work under tight timelines and have been part of change management initiatives. Actively engaging in team meetings to exchange information, with a proven ability to meet both individual and business metrics. Enhance technical skills by attending educational workshops, reviewing publications etc.
Posted 2 weeks ago
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