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2204 Genpact Jobs

Management Trainee-OTC

0-2 years

₹ 4.75 - 8.9L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Noida

1 vacancy

Management Trainee-OTC

Genpact

posted 17d ago

Job Description

  • Daily Liquidity management for cash funding
  • IC loan, G&A and capital contribution settlement with other platforms
  • Actual cash analysis on platform and consolidation on group level
  • Counter party risk management for platform and group
  • Preference share dividend Interest payment and booking of long term debt
  • Corporate credit card booking and reconciliation from cash side.
  • Review collection reports to determine the status of collections and balances outstanding to ensure compliance with the Credit & Collection policy.
  • Managing queries, statement, invoices and premium remittance via finance email box.
  • Daily bank transaction download to update cash log file and allocate them as per details
  • Post documentation receipt further assess status of KYC refresh as per gap letter and further coordinate for missing documents
  • Review claims workflow for claim payment processing
  • Booking claims payment including proportional claims
  • Premium and claims matching in system
  • Non-claims payment and booking as provided by other department
  • Review journal entry and posting in system
  • Payments authorization on bank website as first approver
  • Age receivables including follow-up comments on outstanding premium
  • Unmatched & unallocated premium initial follow-up with broker and underwriters
  • Bank reconciliation for all bank accounts.
  • Connect with account payable and account receivable teams for open items.
  • Show open items in summary sheet with follow-up comments
  • Discussion with department head on current year expense forecast and next year planning
  • Creation of planning template for 30 cost center based on gathered information
  • Monthly follow-up meeting with department heads (DH) on future changes
  • Encouraging information in group planning template and send to group planning team for review
  • Seek and make changes as per group planning team
  • MI expense template update on quarterly basis
  • Provide commentary on variances for QTD and YTD numbers
  • Circulation of plan vs actual expense report to DH
  • Seek queries send by DH
  • Maintain and update employee benefit allowance tracker
Qualifications we seek in you Minimum Qualification
  • B.Com Graduate
Preferred Qualification
  • Strong Cash operations knowledge in Credit Control, Treasury & bank Reconciliation and FP&A
  • Advanced user of Excel
  • Ability to act on own initiative
  • Must demonstrate a high level of self-motivation, energy and flexibility
  • Ability to handle multifaceted volumes of workloads and to reach targets and deadlines on a timely basis
  • Innovative and always looking for continuous improvement in order to develop succession plan for staff
  • Good communication skills, interpersonal, verbal and written communication skills (in English)
  • Exercises good judgement on day to day business problems and provides recommendations for solving course correction
Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. Get to know us at and on X , Facebook, LinkedIn, and YouTube.

Employment Type: Full Time, Permanent

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Genpact Interview Questions & Tips

Prepare for Genpact Management Trainee roles with real interview advice

Top Genpact Management Trainee Interview Questions

Q1. What do you mean by balance sheet reconciliation could you explain briefly?
Q2. What's the difference between Intercompany and Intracompany?
Q3. what is the 3 way or 2 way checking in AP profile
View all 126 questions

What people at Genpact are saying

3.7
 Rating based on 2.3k Management Trainee reviews

Likes

Nothing. It was the biggest mistake of my life that I joined genpact.

    Dislikes

    Work culture, toxicity, no work life balance and no professionalism, not safe for girls, male employees harrase female employees and when female employees go and complaint about it, management blames it on them instead of investigating it.

    • Salary - Poor
      +6 more
    Read 2.3k Management Trainee reviews

    Management Trainee salary at Genpact

    reported by 19.2k employees
    ₹1.6 L/yr - ₹8.5 L/yr
    16% less than the average Management Trainee Salary in India
    View more details

    What Genpact employees are saying about work life

    based on 30.4k employees
    61%
    84%
    69%
    58%
    Flexible timing
    Monday to Friday
    No travel
    Day Shift
    View more insights

    Genpact Benefits

    Work From Home
    Job Training
    Soft Skill Training
    Cafeteria
    Health Insurance
    Team Outings +6 more
    View more benefits

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    Noida Office
    Noida: Unitech Info Park, Tower 8, Plot No. 20 & 21, Sector – 135, Noida - 201301, Uttar Pradesh. Noida
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