Accounting Services Associate III
Conduent · Bengaluru · onsite · Posted 41d ago
Undisclosed3–8 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
Job Summary
This position is responsible for recovery audits in the Procurement and Accounts payable area. Here these auditors perform a secondary recovery audit that will identify losses across a comprehensive range of claim types. Job responsibilities are:
Responsibilities - Accounts payable audits and supplier statement auditsto help identify and recoup duplicate payments, missed discounts, uncaptured vendor statement credits and more.
- Pricing and contract compliance auditsthat explore direct and indirect spend to ensure negotiated prices and terms are making their way to clientbottom line.
- Complete allocated audit assignments in a thorough and timely fashion. Assignments include complex duplicate payment review, statement review, contract audits, deal audits, buyerfile audits, and research into a clientsystems or data in search for claim opportunities.
- Generate valid and fully researched claims that result in revenue.
- Go way beyond ERP based controls to catch and recover overpayments!
- Prevent overpayments and fraud, improve S2P processes, perform self-audits and make strategic decisions.
- Understand the logic behind most of the claim types and the arguments as to why the claims are valid.
- Follow the audit project instructions assigned by the Audit Manager while also reflecting on ways to improve the audit projectscope and cycle time. Communicate these areas to fellow analysts and audit manager.
- Strong knowledge of RTP environment as a whole: Procurement services- Spend analytics, Pricing and contract compliance, AP process and systems, Freight processing etc...
- Understand the fields within the client data sets and the possible uses for locating and validating claims within that data.
- Understand the business rules and basic logic behind the record sets that are being reviewed. Also, knowledge of how to construct basic scoping documents for new qualified records.
- Communicate respectfully and professionally with all client and vendor personnel.
- Handle all vendor correspondence for the claims generated and effectively gain approval for claims that are valid.
- Effectively communicate with buyerincluding claim presentation and effectiveness in obtaining buyer approvals
- Fundamental knowledge of accounting principles and familiarity with Accounts Payable and Procurement functions
- Strong analytical skill set and a strong desire to perform extensive research and draw conclusions from that research.
- Self-starter with the capability to analyze a clientsystems, business rules, and data without detailed instructions.
- Ability to handle autonomous research.
- Knowledge of client ERP systems, as well as ability to learn process and procedure quickly.
- Transformation mindset to drive compliance, reduce fraud and improve working capital.
- Adapt at working in fast-paced work environments and adapting to change.
- Exceptional ability to multitask, including seamlessly transitioning between different ERPs and accounts.
- Outstanding verbal and written communication skills for communicating with internal staff, clients, and their suppliers.
- Well-developed time-management skills, with the ability to plan one''s tasks and self-manage progress toward task completion.
- Proficient in Microsoft Office application
- Associate degree in accounting or business administration, or equivalent; bachelordegree preferred. Relevant work experience may be considered in lieu of a degree.
- 3+ years of services in the domain; Procurement, Accounts Payable and Audit
Sourced from naukri
Skills
Accounts Payablemicrosoft officespend analyticserp systemserpsContract ComplianceBuyerauditsAnalyticsAPAp ProcessERPResearchFreightCommunication SkillsProcurementAdministrationAccountingcompliance
About Conduent
Conduent
BPO
11.0k+
employees
2017
9 years old
Bengaluru/Bangalore, Karnataka
India
About
Conduent specializes in delivering digital business solutions across various sectors, leveraging advanced technologies to improve public and private service delivery.
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BPOAnalytics & KPO
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