Process: Finance and Accounting process for a Healthcare account

Position: Associate, Process Associate, Finance Analyst – Accounts Payable – Invoice processing, Vendor Master and T & E Processing

Job Description:

• Strong experience and end to end understanding of ERP based F&A BPO processes, (preferably for a Health care Vertical) with multiple line of businesses, SLAs and KPIs

Roles & responsibilities

• Review all invoices for appropriate documentation and approval prior to payment
• Sort and distribute incoming workflow
• Process 3 way P.O matching invoices, up to 100 plus line items
• Prioritize invoices according to cash discount potential and payment terms
• Audit and process credit card bills
• Match invoices to checks, obtain all signatures for checks and distribute checks accordingly
• 1099 maintenance and ensure active W-9s are obtained
• Respond to all vendor/customer/inter department inquiries
• Reconcile various statement, research and correct discrepancies
• Assist in month end closing
• Match, batch and code AP invoices to SAP
• Validate approval level and signatories for expense reports
• Verify and process expense claims into relevant system(s).
• Set up/maintain recurring transactions for processing (for example:  lease payments.)
• Process check requests, EFT file creation, ACH processing
• Update employee master files for ACH, corporate card reimbursement, etc.
• Accept file transmission to update employee bank information.
• Update system and communicate changes to employees for IRS standard mileage reimbursement rate and any other change in governmental regulations related to employee expense reimbursement
• Reconcile corporate direct bill accounts (ghost card, airfare, etc.), and research and resolve variances
• Handling customer service queries

Qualifications:  

• Essential: Bachelor’s degree in accounting, finance.

Experience:

• 5 to 7 years for E 1.1 resource with Accounts payable expr (Sr Analyst)
• Experience working with generally accepted accounting principles and accounting software

Behavioral Competencies                 

• Displays high integrity and honesty
• Ability to communicate effectively verbally and in writing
• Ability to interact with employees and vendors in a professional manner
• Ability to work independently and with a team in a fast-paced and high volume environment with emphasis on accuracy and timeliness
• Strong work ethics

Functional Competencies                                     

• Good knowledge of MS Office applications, Excel, word
• Ability to type 60 – 65 WPM
• Thorough knowledge of applicable accounts payable/general ledger systems and procedure, financial chart for accounts and corporate procedures
• Ability to perform mathematical computations such as percentages, fractions, addition, subtraction, multiplication and division quickly and accurately
• Good knowledge in working with some of the F & A application platforms, like SAP, Oracle, ERP are preferred

Others: 

• Willing to work in Night Shifts

Selection Procedure: 

• Technical round on F & A back ground; AP specific
• General behavioral round
• HR Round

Process: Finance and Accounting process for a Healthcare account

Position: Associate, Process Associate, Finance Analyst – Accounts Payable – Invoice processing, Vendor Master and T & E Processing

Job Description:

• Strong experience and end to end understanding of ERP based F&A BPO processes, (preferably for a Health care Vertical) with multiple line of businesses, SLAs and KPIs

Roles & responsibilities

• Review all invoices for appropriate documentation and approval prior to payment
• Sort and distribute incoming workflow
• Process 3 way P.O matching invoices, up to 100 plus line items
• Prioritize invoices according to cash discount potential and payment terms
• Audit and process credit card bills
• Match invoices to checks, obtain all signatures for checks and distribute checks accordingly
• 1099 maintenance and ensure active W-9s are obtained
• Respond to all vendor/customer/inter department inquiries
• Reconcile various statement, research and correct discrepancies
• Assist in month end closing
• Match, batch and code AP invoices to SAP
• Validate approval level and signatories for expense reports
• Verify and process expense claims into relevant system(s).
• Set up/maintain recurring transactions for processing (for example:  lease payments.)
• Process check requests, EFT file creation, ACH processing
• Update employee master files for ACH, corporate card reimbursement, etc.
• Accept file transmission to update employee bank information.
• Update system and communicate changes to employees for IRS standard mileage reimbursement rate and any other change in governmental regulations related to employee expense reimbursement
• Reconcile corporate direct bill accounts (ghost card, airfare, etc.), and research and resolve variances
• Handling customer service queries

Qualifications:  

• Essential: Bachelor’s degree in accounting, finance.

Experience:

• 5 to 7 years for E 1.1 resource with Accounts payable expr (Sr Analyst)
• Experience working with generally accepted accounting principles and accounting software

Behavioral Competencies                 

• Displays high integrity and honesty
• Ability to communicate effectively verbally and in writing
• Ability to interact with employees and vendors in a professional manner
• Ability to work independently and with a team in a fast-paced and high volume environment with emphasis on accuracy and timeliness
• Strong work ethics

Functional Competencies                                     

• Good knowledge of MS Office applications, Excel, word
• Ability to type 60 – 65 WPM
• Thorough knowledge of applicable accounts payable/general ledger systems and procedure, financial chart for accounts and corporate procedures
• Ability to perform mathematical computations such as percentages, fractions, addition, subtraction, multiplication and division quickly and accurately
• Good knowledge in working with some of the F & A application platforms, like SAP, Oracle, ERP are preferred

Others: 

• Willing to work in Night Shifts

Selection Procedure: 

• Technical round on F & A back ground; AP specific
• General behavioral round
• HR Round