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1 Bain & Company Accounts Payable Associate Job
Accounts Payable Associate
Bain & Company
posted 7d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
About the role:
The Associate, Accounts Payable and Travel Expense processes invoices and expenses, with a higher level of functional/technical knowledge. They play a more independent role in reviewing and entering invoices into the system accurately and in a timely manner. They also act as a point of contact between internal and external customers, addressing inquiries and providing timely responses. Associates ensure adherence to company policies while assisting employees with the application of Accounts Payable and Travel Expense policies. They may also support the team in matching vendor credits and generating pay lists.
The Associate, Accounts Payable and Travel Expense processes invoices and expenses, with a higher level of functional/technical knowledge. They play a more independent role in reviewing and entering invoices into the system accurately and in a timely manner. They also act as a point of contact between internal and external customers, addressing inquiries and providing timely responses. Associates ensure adherence to company policies while assisting employees with the application of Accounts Payable and Travel Expense policies. They may also support the team in matching vendor credits and generating pay lists.
Key Tasks and Responsibilities:
Accounts Payable-
- Process invoices into the proprietary Accounts Payable program, ensuring accurate and timely data entry.
- Communicate with internal employees and external vendors to address inquiries, provide information, and resolve issues.
- Apply Accounts Payable policies and procedures to review, approve, and document invoice requests.
- Generate pay lists and match outstanding vendor credits in accordance with established schedules.
- Collaborate effectively with stakeholders to support efficient and accurate Accounts Payable operations.
Travel Expense-
- Review employee expense reports for reasonableness and consistency with firm policy, ensuring completeness and accuracy.
- Collaborate with team members to address workflow volume challenges and provide suggestions for rebalancing.
- Identify and report unusual trends or nonstandard items requiring policy clarification or additional approvals.
- Perform recurring audit steps as required by department procedures and controls, providing excellent customer service.
- Assist with generating paylists, bank files, troubleshooting system issues, and responding to inquiries from approvers.
Career Growth :
Bain Company has a well-laid career framework for this position. At Bain Company, no two-career paths are the same. We provide the structure to ensure success and the flexibility to accommodate your needs. We offer formal training to support you and informal challenges to stretch you. No matter what path you choose to follow, Bain Company will offer you unrivalled career-development opportunities.
Personal Specification :
- Experience in Accounts Payable or a related financial role within an organization
- Proficiency in processing invoices, payments, and financial transactions
- Familiarity with relevant accounting software and tools
- Ability to apply accounting principles and practices to ensure accuracy and compliance.
- Strong attention to detail, time management, and problem-solving skills
- Excellent Communication skills
- Customer service mentality
- Flexible attitude and team approach Can do! mentality.
- Able to work on own initiative remotely- and be proactive and work as part of a team.
Essential-
- CA Inter or MBA (Finance) or M.COM
- Proficiency in English, both written and verbal
- Proficiency in excel.
- At least 2-4 years previous Accounts Payable experience/TE for Associate role
- At least 1-2 years previous Accounts Payable experience/TE for Assistant role
Desired but not essential-
- Experience with SAP
- Process transition experience
- Experience in a Consulting firm or a Captive unit
Employment Type: Full Time, Permanent
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What Accounts Payable Associate at Bain & Company are saying
Accounts Payable Associate salary at Bain & Company
reported by
3
employees
₹6.4
L/yr - ₹13.2
L/yr
162%
more
than the average Accounts Payable Associate Salary in India
View more details
What Bain & Company employees are saying about work life
based on 269 employees
Flexible timing
Monday to Friday
No travel
Day Shift
Bain & Company Benefits
Submitted by Company
Wellbeing Financial Security Flexibility Learning
Submitted by Employees
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