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Inviting applications for the role of Consultant, Post Audit Role!
In this role, you will perform correspondence-based audits on Goods for Resale Suppliers. You will review and analyze merchant agreements and available data to determine if the supplier owes any funds back to the company. You will present and defend claims to suppliers and merchants, and work with them to correct underlying issues.
Responsibilities
Minimum qualifications
Preferred qualifications/ Skills
In this role, you will perform correspondence-based audits on Goods for Resale Suppliers. You will review and analyze merchant agreements and available data to determine if the supplier owes any funds back to the company. You will present and defend claims to suppliers and merchants, and work with them to correct underlying issues.
Responsibilities
- Audit data to identify and report any over or under payments, duplicate payments, allowances not collected, agreement validations, missed allowances/rebates etc.
- Perform correspondence-related audits (based on email correspondence as compared to invoice data, etc.) by analyzing and reconstructing merchant agreements for cost, retail, margin protection, and promotions to identify and quantify the loss
- Audit supplier transactions for accuracy in actual costs recorded on invoices, purchase orders, item files, merchant agreements, and other supporting documentation
- Create claims, present audit results to suppliers and merchants, and defend or prove the validity of claims up through resolution
- Work with suppliers and merchants to resolve underlying issues leading to claims, as well as to gain alignment on audit guidelines and expectations
- Identify new audit concepts, assist in guideline creation and update
- Work with external audit firms to educate and confirm their processes meet the internal guidelines; recognize deviations indicating possible fraud or control gaps
- Train new team members and on an ongoing basis identify and share best practices with the team to ensure missed claims are captured in the future by the internal group
- Actively contribute to and at times lead team functions (i.e., team meetings, providing suggestions, process improvements, testing, etc.)
- Exhibit behaviors that align with Genpact’s Core Values: Curious, Courageous, Incisive, and Integrity and encourage others to do the same
Minimum qualifications
- Bachelor’s Degree in Accounting, Finance, or related field
- Competent to handle computers and learn applications effectively
- Computer proficiency with high level of familiarity of commonly used software applications like Excel, Word, Access, PowerPoint, web systems, Etc.
- Having exposure to multiple ERP systems will be added advantage (SAP, Oracle, Peoplesoft etc.)
Preferred qualifications/ Skills
- Advanced Degree in Accounting, Finance, or related field
- Proven Accounts Payable, Retail, or Audit experience
- Analytical skills to logically build data sets and interpret transaction life cycle.
- Should possess skills such as data analysis, research, stakeholder management.
- Knowledge in account and finance, accounts payable, analytics, cash application, source to pay, reconciliations would be added advantage.
- Ability to work with managers/stakeholders/clients/vendors and communicate effectively across levels.
JobConsultant
Primary LocationIndia-Mumbai
Education LevelBachelor's / Graduation / Equivalent
Job PostingMar 15, 2024, 10:10:36 AM
Unposting DateMay 14, 2024, 1:29:00 PM
Master Skills ListConsulting
Job CategoryFull Time
