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Full-time
bachelor degree, postgraduate degree, professional certificate
Mentorship, World-class Learning Opportunities
Posted 52d ago
Apply by Aug 14
~40 hrs/week
Responsibilities
Manage core credit control operations including cash application, reconciliations, and broker commission accounting. Ensure timely cash inflow and effective management of debtor accounts and delinquency control.
Requirements
Requires a degree in Accounting, Commerce, Economics, or Finance, with a preference for professional certifications like CPA or CFA. Proficiency in SAP/Oracle ERP and experience in Record to Report (R2R) processes are essential.
Full job description
Specialist - F&A - R2R
Ready to turn bold ideas into real-world impact? At Genpact, we don’t just adapt to change, we lead it. AI and digital innovation are transforming the way businesses work, and we’re at the forefront of it. Genpact’s AI Gigafactory, our industry-first accelerator, exemplifies how we scale advanced technology solutions to help global enterprises work smarter, grow faster, and transform at scale. Whether tackling complex challenges through large-scale models or agentic AI, our breakthrough solutions tackle companies’ most complex challenges.
If you thrive in a fast-moving, innovation-driven environment, love building and deploying cutting-edge AI solutions, and want to push the boundaries of what’s possible, this is your moment.
Genpact (NYSE: G) is an agentic and advanced technology solutions company. We leverage process intelligence and artificial intelligence to deliver measurable outcomes. With a strong partner ecosystem and decades of client trust, we provide innovative solutions that transform how businesses run. Powered by a team with an active learning mindset and client centricity at its core, we deliver lasting value for the world’s leading enterprises. Get to know us at genpact.com and on LinkedIn, YouTube, X, and Facebook.
Job Description
Inviting applications for the role of Assistant Manager/ Manager/Senior Manager for Credit Control Insurance/Reinsurance
Role Purpose:
To manage core credit control operations including cash application reconciliations broker and commission accounting debt monitoring and payment processing. The role ensures timely cash inflow accurate financial records and effective management of broker and customer accounts.
Key Responsibilities:
- Accounts Receivable & Reconciliations
- Perform accounts and debt reconciliations including ageing reports open item reports and unallocated cash (UNCASH) analysis.
- Prepare and review aging debtor and open-item reports.
- Reconcile broker direct and agent accounts and ledgers.
- Maintain policy account REG and bank master data.
- Investigate and resolve unreconciled transactions discrepancies and allocation issues.
- Cash Application & Payment Processing
- Allocate incoming cash receipts from bank statements EDI RPA agent collections and direct deposits.
- Process direct debit runs and handle receipt postings and exceptions.
- Maintain cash allocation templates and support automated allocation activities.
- Process outgoing payments refunds and carrier settlements in line with approval controls.
- Submit remittance advice and payment requests for processing.
- Commission & Broker Account Management
- Manage outgoing broker and agent commission payments.
- Validate commission files and prepare commission statements.
- Produce and distribute broker statements.
- Support broker account changes and ledger maintenance.
- Ensure broker balances are regularly reviewed and reconciled.
- Debt Management & Delinquency Control
- Monitor overdue balances and outstanding debt across broker agent and direct business.
- Execute dunning processes for agent collections and direct debit rejections.
- Issue overdue cancellation and delinquency letters through approved channels.
- Support monthly cancellation and overdue chasing activities.
- Liaise with brokers and internal teams to resolve aged debt and payment disputes.
Certified Anti-Money Laundering Specialist (CAMS) - Professional School of Indian Banking (PSIB)Professional School of Indian Banking (PSIB), Certified Compliance Officer (CCO) - VskillsVskills, Certified Financial Analyst (CFA) - SkillabSkillab, Certified Public Accountant (CPA) - Perfekt SzolnokPerfekt Szolnok, Certified Regulatory Compliance Manager (CRCM) - The International Association of Risk and Compliance Professionals (IARCP)The International Association of Risk and Compliance Professionals (IARCP)
Required Skills
Banking Capital Markets, Client Relations, Close Consolidation Journal, Collaboration Tools, Financial Close, Financial Consolidations, Fixed Assets, Oracle Enterprise Resource Planning (ERP) Systems, Reconciliations, Record To Report (R2R), Regulatory Reporting, Risk Management, SAP Enterprise Resource Planning (ERP)
Language
English
Language Proficiency -
Proficient - C2
Additional Job Location -
Job Type
Regular
Master Skill List -
F&A - R2R
Remote Type -
Office
Work Shift -
Flex Time (India)
Why join Genpact? • Lead AI-powered transformation – Drive innovation and solve real-world business challenges that matter • Make an impact – Help global enterprises solve business challenges that matter • Accelerate your career – Gain hands-on experience, mentorship, and world-class learning opportunities to stay ahead • Work with the best – Join 140,000+ bold thinkers and problem-solvers who push boundaries every day • Thrive in a values-driven culture – Our courage, curiosity, and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progress
Come join the 140,000+ coders, tech shapers, and growth makers at Genpact and take your career in the only direction that matters: Up. Let’s build tomorrow together.
Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values respect and integrity, customer focus, and innovation. Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training.
Genpact is an agentic and advanced technology solutions company. We leverage process intelligence and artificial intelligence to deliver measurable outcomes. With a strong partner ecosystem and decades of client trust, we provide innovative solutions that transform how businesses run. Powered by a team with an active learning mindset and client centricity at its core, we deliver lasting value for the world’s leading enterprises.
Get to know us at www.genpact.com and on the following social handles:
X: https://twitter.com/genpact
Facebook: https://www.facebook.com/ProudToBeGenpact/
Instagram: https://www.instagram.com/genpact_global/
YouTube: https://www.youtube.com/@GenpactGlobal
** Beware of fake offers**
Genpact never requires applicants to pay to be part of our hiring process.
If you receive an email asking you to purchase a starter kit, equipment, or training, or to pay to apply for a role, you can assume that the message is a scam. For more information on careers at Genpact, please visit us at https://www.genpact.com/careers
Offices: 1155, Avenue of the Americas, 4th Floor,, New York, NY 10036, US · 251 Avenida Lerdo Norte, Cd. Juarez, Chihuahua CP32000, MX · GE Building No. 5, Software Park Road, Dalian Software Park, Dalian, Liaoning 116023, CN · Genpact Towers, DLF-Phase 5, Sector 53, Gurgaon, Haryana 122002, IN · 99 Surya Park, Electronics City, Bangalore, KAR 560100, IN