Associate, Accounts Payable (Contractual)

About us: 

Bain & Company is one of the top management consulting firms in the world that helps the world’s most ambitious change makers define the future. 
 Across 67 cities in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. 
  
 The firm established several functions in the Indian market early 2000s and its remit across functions has expanded over time. Since 2019, these functions have become part of Global Business Services (GBS). Global Business Services (GBS) is a network of five interconnected business-function hubs across India, Poland, Malaysia, Mexico and Portugal, serving Bain globally to run our business, support other functions, and help drive innovation internally. We are over 1000 business professionals – serving functions in operations, HR, finance, legal, tech, marketing, research, and data analytics – who support our offices globally.  Our mantra of “shared innovation, seamless execution,” underpinned by a passion for results, teamwork, and creativity, helps Bain stay at the top of our game operationally.

WHAT MAKES US A GREAT PLACE TO WORK

We are proud to be consistently recognized as one of the world’s best places to work. We are currently the top ranked consulting firm on Glassdoor’s Best Places to Work list and have earned the #1 overall spot a record seven times.
  
Extraordinary teams are at the heart of our business strategy, but these don’t happen by chance. They require intentional focus on bringing together a broad set of backgrounds, cultures, experiences, perspectives, and skills in a supportive and inclusive work environment. We hire people with exceptional talent and create an environment in which every individual can thrive professionally and personally.

Positions Summary:

The Accounts Payable Executive (2-4 years) is responsible for managing the company’s end-to-end accounts payable process, ensuring accurate and timely processing of vendor invoices, payments. 

The role requires strong attention to detail, adherence to accounting principles, and coordination with internal teams and external vendors to maintain financial accuracy and compliance.
 

Key responsibilities:

• Process and verify vendor invoices, ensuring proper coding, approvals, and documentation.
• Understand payment run process and nomenclatures related to payments process.
• Reconcile vendor statements and resolve discrepancies or payment-related queries.
• Maintain accurate and up-to-date accounts payable records in the ERP system (e.g., SAP.).
• Assist in month-end and year-end closing activities, including accruals and reconciliations.
• Ensure compliance with accounting policies, internal controls, and statutory requirements.
• Identify process improvement opportunities to enhance efficiency and accuracy.
• Experience of Supplier on boarding in ERP will be a plus.

Qualifications:

• Strong understanding of accounting principles and Accounts Payable processes.
• Hands-on experience with accounting/ERP system- SAP will be an add on.
• Proficiency in MS Excel and reporting tools like Tableau and Alteryx will be a plus.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Good communication and interpersonal skills to interact with vendors and cross-functional teams.
• Ability to work under pressure and meet tight deadlines.
• Integrity, reliability, and a proactive work approach.