Management Trainee - I2C

0 years

0 Lacs

Posted:1 day ago| Platform: Foundit logo

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Job Description

Ready to shape the future of work
At Genpact, we don't just adapt to change-we drive it. AI and digital innovation are redefining industries, and we're leading the charge. Genpact's AI Gigafactory, our industry-first accelerator, is an example of how we're scaling advanced technology solutions to help global enterprises work smarter, grow faster, and transform at scale. From large-scale models to agentic AI, our breakthrough solutions tackle companies most complex challenges.

If you thrive in a fast-moving, tech-driven environment, love solving real-world problems, and want to be part of a team that's shaping the future, this is your moment.

Genpact (NYSE: G) is an advanced technology services and solutions company that delivers lasting value for leading enterprises globally. Through our deep business knowledge, operational excellence, and cutting-edge solutions - we help companies across industries get ahead and stay ahead. Powered by curiosity, courage, and innovation, our teams implement data, technology, and AI to create tomorrow, today. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook.

Inviting applications for the role of Management Trainee - I2C (Trade & Brokerage)
In this role you have Order to Cash and Consumer Packaged Goods experience. You are managing a team of analysts, demonstrating ownership of responsibilities, self-reliance, resourcefulness, and a proactive approach to assist analysts perform efficient and accurate post audits of closed and written off deductions, identifying opportunities for recovery of invalid deductions, which will contribute to the organization's revenue growth. You will be responsible for overseeing your team%27s daily activities and providing guidance to ensure efficient and accurate deduction resolution. Additionally, you will support the senior leadership team with client presentations and provide input on how to expand our scopeResponsibilitiesBroker Agreement Management & Support.Manage broker payment processes including commission calculations(including secondary sales commission), ACH/check setups, PO monitoring, and EDI/PDF invoicing..Review, approve, or reject broker agreements and audits as per internal controls..Respond to and resolve escalated broker inquiries related to commissions and account setups..Maintain and update the broker determination table manually or via RPA act as escalation point for related decisions..Monitor broker-related sales orders and resolve missing broker assignments..Manage broker master data through MDG and ensure data consistency across systems..Process monthly brokerage settlements, terminations, and lump sum allocations ..Generate and review broker-related reports including month-end summaries, open order status, and performance KPIs.

Trade Agreement Lifecycle Management
.Manage and review trade agreements, including those with negative balances, and determine necessary accrual adjustments or fund returns..Coordinate trade agreement rollover processes and support exception scenarios (e.g., acquisitions/divestitures)..Collaborate with Sales and Finance to settle agreements monthly and communicate margin return opportunities..Generate and analyze reporting comparing open agreements, cleared deductions, and remaining accruals.

Deduction & Accrual Collaboration
.Review trade-related deductions from the Deductions team and determine proper course of action using Vistex..Propose actions to Sales for open agreements based on deduction trends and balances..Provide agreement-specific insights and documentation for deduction resolution and audit support.

Request for Trade (RFT) Oversight
.Track and manage all incoming RFTs, ensuring documentation is saved for SOX compliance..Analyze and validate RFTs before routing for customer approval approve or reject RFTs based on contract terms..Serve as point of escalation for Sales-related RFT queries..Prepare and analyze trade expense reports, trade database outputs, and normalized reporting for Finance, Sales, and Controllers.

Audit & Compliance
.Provide documentation and responses for internal and external audits, including support for SOX requirements..Review and approve audit-related submissions for broker and trade data..Maintain audit trails for all trade and broker transactions, decisions, and communications.

Reporting & Analysis
.Generate weekly/monthly trade and broker reports: volume, productivity, open balances, settlements, accrual movement, and exceptions..Oversee all RPA reporting and updates resolve any automation issues..Present trade expense and program analysis to Finance, Sales, and Business Unit stakeholders.Minimum Qualifications.B Tech or Graduate/ Post Graduate degree in Accounting, Finance, Economics, or similar field..Relevant years of experience in Order to Cash and AR domain..Strong analytical skills and ability to work with complex data..Excellent attention to detail and problem-solving abilities..Strong understanding on AR policies , rebate programs , broker commissions, and SOX compliance.

Required Skills:
.Demonstrates ownership of responsibilities, self-reliance, resourcefulness, a proactive approach, is a mentor to team members, and effectively manages a team..Strong interpersonal skills, with the ability to be both collaborative and inclusive within a team environment..Proficient in Microsoft Office - Excel, PowerPoint, and Word..Strong communication skills with ability to express ideas and recommendations clearly and succinctly..Ability to multi-task and prioritize items with specific time constraints..Ability to adapt to business%27 changing needs..Client focused mindset with proven ability to respond quickly to internal and external client requests.

Supply Chain:
.In-depth knowledge of all non-trade deductions such as shortages, damaged deliveries, Invoice errors etc., and Invoice to Cash processes - Collections, Cash applications in CPG, or food industry.

Desirable Skills:
.Proficient in ERP systems (SAP).Hands on experience in Python, Power BI/ Tableau, and SQL will be an added advantage..Excellent communication/ interpersonal skills.

Attitude and Aptitude:

.Exhibits adaptability, integrity, respect, and teamwork.
.Proactive, detail oriented, approaches work with a commitment to quality, and problem-solving skills..Exhibits leadership traits.

Why join Genpact
. Be a transformation leader - Work at the cutting edge of AI, automation, and digital innovation . Make an impact - Drive change for global enterprises and solve business challenges that matter. Accelerate your career - Get hands-on experience, mentorship, and continuous learning opportunities . Work with the best - Join 140,000+ bold thinkers and problem-solvers who push boundaries every day . Thrive in a values-driven culture - Our courage, curiosity, and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progress Come join the tech shapers and growth makers at Genpact and take your career in the only direction that matters: Up.Let's build tomorrow together.

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.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.

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