Upload Button Icon Add office photos

Genpact

Compare button icon Compare button icon Compare

Filter interviews by

Genpact Accounts Payable Associate Interview Questions, Process, and Tips

Updated 23 Feb 2025

Top Genpact Accounts Payable Associate Interview Questions and Answers

  • Q1. Bank reconciliation and what is process of profit and loss account
  • Q2. What happens in handling accountant and how does it happen and in what way
  • Q3. Credit balance Journal entries for accouts payable Bank charges journal entries
View all 37 questions

Genpact Accounts Payable Associate Interview Experiences

35 interviews found

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Assignment 

Basic accounting question

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Not Selected

I was interviewed in Apr 2024.

Round 1 - HR 

(1 Question)

  • Q1. Intro, creditors, debtors, AP AR
Round 2 - Technical 

(1 Question)

  • Q1. AR CYCLE , intro, why do u want to join genpact

Accounts Payable Associate Interview Questions Asked at Other Companies

asked in Genpact
Q1. Bank reconciliation and what is process of profit and loss accoun ... read more
asked in EXL Service
Q2. What is the account? The system of recording and sumerizing busin ... read more
asked in Genpact
Q3. What happens in handling accountant and how does it happen and in ... read more
asked in Accenture
Q4. What is the important of accounting
asked in Genpact
Q5. Credit balance Journal entries for accouts payable Bank charges j ... read more
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Walk-in and was interviewed in Sep 2023. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. What is accurate accounting
  • Ans. 

    Accurate accounting involves recording financial transactions correctly and in a timely manner to provide a true and fair view of a company's financial position.

    • Accurate accounting ensures that all financial transactions are recorded correctly

    • It involves following accounting principles and standards

    • Timely recording of transactions is crucial for accurate accounting

    • Provides a true and fair view of a company's financial ...

  • Answered by AI
  • Q2. P2P process accounting
Round 3 - Technical 

(1 Question)

  • Q1. Basic accounting
Round 4 - HR 

(1 Question)

  • Q1. About account payable
Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. About account payable
  • Q2. About past work experience
Round 2 - HR 

(2 Questions)

  • Q1. About account payable and po
  • Q2. Accounting subject

Interview Preparation Tips

Interview preparation tips for other job seekers - Right know I have no advice for job seekers

Genpact interview questions for designations

 Accounts Payable

 (6)

 Process Associate (Accounts Payable)

 (1)

 Accounts Payable Executive

 (31)

 Accounts Payable Analyst

 (9)

 Accounts Payable Officer

 (2)

 Accounts Payable Specialist

 (1)

 Senior Accounts Payable Executive

 (1)

 Accounts Payable Accountant

 (7)

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(3 Questions)

  • Q1. What is PTP cycle
  • Ans. 

    PTP cycle stands for Procure-to-Pay cycle, which is the process of obtaining and paying for goods and services.

    • PTP cycle involves requisitioning, purchasing, receiving, approving, and paying for goods and services.

    • It starts with the need for a product or service, followed by the creation of a purchase order, receipt of goods or services, invoice processing, and payment.

    • Efficient PTP cycle helps in managing cash flow, c...

  • Answered by AI
  • Q2. What is 2 way match
  • Ans. 

    2 way match is a process in accounts payable where the invoice is matched with the purchase order and receiving report.

    • In a 2 way match, the invoice is compared to the purchase order to ensure the prices and quantities match.

    • The receiving report is also checked to confirm that the goods or services were received as stated on the invoice.

    • Any discrepancies between the invoice, purchase order, and receiving report are inv

  • Answered by AI
  • Q3. What is Account payable
  • Ans. 

    Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.

    • Accounts payable represents a company's obligation to pay off short-term debts to its suppliers or vendors.

    • It is listed as a current liability on the company's balance sheet.

    • Examples of accounts payable include invoices for inventory purchases, utility bills, and services rendered.

    • Managing accoun...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - What is PTP cycle?

Skills evaluated in this interview

Get interview-ready with Top Genpact Interview Questions

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Feb 2024. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. Why do you want with Genpact? And why are you interested in thisrole?

Interview Preparation Tips

Topics to prepare for Genpact Accounts Payable Associate interview:
  • Accounts Payable

Accounts Payable Associate Jobs at Genpact

View all
Interview experience
1
Bad
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Nov 2023. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Don't you think accounts payable job is more difficult than the job of an auditor?
  • Ans. 

    Accounts payable job requires attention to detail and organization, while auditor job involves analysis and verification.

    • Accounts payable job involves processing invoices, making payments, and reconciling accounts.

    • Auditor job involves examining financial records, assessing internal controls, and identifying risks.

    • Accounts payable requires strong attention to detail and organization to ensure accuracy in processing paym...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Genpact Accounts Payable Associate interview:
  • Basic accounts
Interview preparation tips for other job seekers - Apply only if you are a fresher and desperate for a job. Otherwise growth and salary and management are below standard.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Jul 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Group Discussion 

I want to work in a group or under a good leader.

Round 3 - Handling Accountant and cashier 

(5 Questions)

  • Q1. What happens in handling accountant and how does it happen and in what way
  • Ans. 

    Handling accountant involves processing invoices, reconciling accounts, and ensuring timely payments.

    • Processing invoices by verifying accuracy and obtaining approvals

    • Reconciling accounts by matching invoices with purchase orders and receipts

    • Ensuring timely payments to vendors to maintain good relationships

    • Communicating with vendors and internal departments to resolve any discrepancies

    • Maintaining accurate records of all

  • Answered by AI
  • Q2. How is raw cash made
  • Ans. 

    Raw cash is made by printing paper currency and minting coins by the government.

    • Raw cash is produced by the government through printing paper currency and minting coins.

    • The government regulates the amount of cash in circulation to maintain economic stability.

    • Raw cash is backed by the government's guarantee of its value.

    • Cash is distributed through banks and financial institutions to the public for use in transactions.

  • Answered by AI
  • Q3. How are expenses and income recorded?
  • Ans. 

    Expenses and income are recorded in the accounting system using double-entry bookkeeping method.

    • Expenses are recorded as debits, increasing the expense account and decreasing the asset or liability account.

    • Income is recorded as credits, increasing the income account and increasing the asset account.

    • The double-entry system ensures that the accounting equation (Assets = Liabilities + Equity) remains balanced.

    • Examples: Re...

  • Answered by AI
  • Q4. How to confirm the entry of goods sold in accounts
  • Ans. 

    Confirm goods sold in accounts by matching sales invoices with inventory records.

    • Match sales invoices with inventory records to ensure accuracy

    • Verify quantities and prices on sales invoices match with inventory records

    • Reconcile sales revenue with goods sold in accounts

    • Ensure proper documentation and approval for goods sold entries

  • Answered by AI
  • Q5. How do all account holders verify their names?
  • Ans. 

    Account holders verify their names by providing official identification documents.

    • Account holders provide government-issued IDs such as driver's licenses or passports.

    • They may also provide other official documents like birth certificates or social security cards.

    • Some companies may require additional verification such as utility bills or bank statements with the account holder's name on them.

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Genpact Accounts Payable Associate interview:
  • Accounting
  • Sales Management
Interview preparation tips for other job seekers - Genpact Company is a very good company for you employees or there are facilities in the company or the achievement of new knowledge, then my advice is that you should work once inside this company.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
No response

I applied via Job Portal and was interviewed in Oct 2023. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. What are golden rules???
  • Ans. 

    Golden rules are basic principles or guidelines that are considered essential or fundamental in a particular field or subject.

    • Golden rules are foundational principles that serve as a basis for decision-making and actions.

    • They are often universally accepted and followed within a specific context.

    • Examples include 'Treat others as you would like to be treated' in ethics and 'Debit the receiver, credit the giver' in accoun

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be Confident
Interview experience
4
Good
Difficulty level
-
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Sep 2023. There were 2 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. Golden rules of accounting
  • Ans. 

    Golden rules of accounting are basic principles that guide the process of recording financial transactions.

    • The three golden rules of accounting are: Debit the receiver, Credit the giver, Debit what comes in, Credit what goes out, Debit expenses and losses, Credit income and gains.

    • These rules help ensure that financial transactions are accurately recorded and classified.

    • For example, when a company receives cash from a c...

  • Answered by AI
Round 2 - Technical 

(1 Question)

  • Q1. What is Procure to pay
  • Ans. 

    Procure to pay is the process of obtaining goods or services from a vendor, including requisition, purchase order, receiving, invoice approval, and payment.

    • Procure to pay involves the entire process from requesting goods or services to making the payment to the vendor.

    • It typically includes steps such as requisitioning, creating purchase orders, receiving goods or services, approving invoices, and making payments.

    • Effici...

  • Answered by AI

Genpact Interview FAQs

How many rounds are there in Genpact Accounts Payable Associate interview?
Genpact interview process usually has 1-2 rounds. The most common rounds in the Genpact interview process are HR, Resume Shortlist and One-on-one Round.
How to prepare for Genpact Accounts Payable Associate interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Genpact. The most common topics and skills that interviewers at Genpact expect are Invoice Processing, ERP Systems, Operations, Business Process Management and Accounts Payable.
What are the top questions asked in Genpact Accounts Payable Associate interview?

Some of the top questions asked at the Genpact Accounts Payable Associate interview -

  1. Bank reconciliation and what is process of profit and loss acco...read more
  2. What happens in handling accountant and how does it happen and in what ...read more
  3. Credit balance Journal entries for accouts payable Bank charges journal entri...read more
How long is the Genpact Accounts Payable Associate interview process?

The duration of Genpact Accounts Payable Associate interview process can vary, but typically it takes about less than 2 weeks to complete.

Tell us how to improve this page.

Genpact Accounts Payable Associate Interview Process

based on 43 interviews

2 Interview rounds

  • Resume Shortlist Round
  • HR Round
View more
Genpact Accounts Payable Associate Salary
based on 323 salaries
₹1.4 L/yr - ₹5.5 L/yr
5% less than the average Accounts Payable Associate Salary in India
View more details

Genpact Accounts Payable Associate Reviews and Ratings

based on 74 reviews

4.1/5

Rating in categories

4.1

Skill development

4.0

Work-life balance

3.5

Salary

4.3

Job security

4.2

Company culture

3.6

Promotions

3.9

Work satisfaction

Explore 74 Reviews and Ratings
Process Developer
36.3k salaries
unlock blur

₹1 L/yr - ₹6.8 L/yr

Process Associate
28.1k salaries
unlock blur

₹0.9 L/yr - ₹6.5 L/yr

Assistant Manager
19.9k salaries
unlock blur

₹5 L/yr - ₹14 L/yr

Management Trainee
19.4k salaries
unlock blur

₹1.6 L/yr - ₹8.5 L/yr

Manager
7.4k salaries
unlock blur

₹5.7 L/yr - ₹24 L/yr

Explore more salaries
Compare Genpact with

Accenture

3.8
Compare

Capgemini

3.7
Compare

TCS

3.7
Compare

Cognizant

3.8
Compare
Did you find this page helpful?
Yes No
write
Share an Interview