Process Executive - Account Payable (Q1 & Q2-2025)

📌 Core Information

🔹 Job Title: Process Executive - Account Payable (Q1 & Q2-2025)

🔹 Company: First Advantage

🔹 Location: Bangalore, Karnātaka, India

🔹 Job Type: On-site

🔹 Category: Information Services

🔹 Date Posted: Wed Apr 02 2025

🔹 Experience Level: 0-2 Years

🔹 Remote Status: On-site

📌 Essential Job Details

🚀 Job Overview

Key aspects of this role include:

• Processing vendor account invoices accurately and efficiently.
• Providing exceptional customer service to vendors and company departments.
• Maintaining and overseeing Accounts Payable invoice batch entry.
• Cross-training to ensure seamless processing of invoices for key accounts.

ASSUMPTION: The role focuses heavily on multi-system operations and vendor relations, essential for maintaining smooth financial transactions and vendor satisfaction.

📋 Key Responsibilities

✅ Process assigned vendor account invoices for payment according to company policy by verifying documentation of charges and services.

✅ Provide customer service to vendors and company departments by researching requests and queries.

✅ Maintain Accounts Payable invoice batch entry, post batches, and correct posting issues.

✅ Cross-train in processing invoices for key accounts like laboratory charges with accurate coding and price verification.

ASSUMPTION: The responsibilities may involve high attention to detail and adaptability to evolving finance systems and protocols.

🎯 Required Qualifications

Education: Bachelor of Commerce (B.Com & BBM) or a Master of Business Administration (MBA) preferred

Experience: 0 to 1 Year in Accounts Payable or similar role; Freshers may also apply

Required Skills:

• Accounts Payable operations
• Customer service and query resolution
• Documentation verification
• Invoice processing
• Proficiency in accounting software

Preferred Skills:

• Experience with Great Plains or Oracle EBS
• Familiarity with Bill.com, Yooz, Docupage

ASSUMPTION: A strong foundational understanding of accounting principles is vital due to the financial nature of the role.

💰 Compensation & Benefits

Salary Range: Not specified; industry norms suggest an entry-level range in Bangalore for such roles.

Benefits:

• Health insurance coverage
• Professional development opportunities
• Potential for performance bonuses

Working Hours: 40 hours per week

ASSUMPTION: The benefits typically align with standard offers in large companies, emphasizing health and career advancement.

📌 Applicant Insights

🔍 Company Context

Industry: Information Services, specifically focused on background screening and compliance

Company Size: 5,001-10,000 employees, providing substantial resources and global opportunities for professional growth

Founded: Not specified

Company Description:

• Leader in comprehensive background check solutions
• Pioneers of leveraging technology for efficient compliance processes
• Operates in 200+ countries ensuring robust international capabilities

Company Specialties:

• Background Screening
• Residential Screening
• Investigative Research

Company Website: http://www.fadv.com

ASSUMPTION: The company’s global presence implies a dynamic and diverse work environment, which is beneficial for career advancement.

📊 Role Analysis

Career Level: Entry-level position suitable for freshers or new graduates

Reporting Structure: Likely reports to a Senior Accounts Manager or Finance Team Lead

Work Arrangement: On-site in a collaborative office environment

Growth Opportunities:

• Potential for transition into senior finance roles
• Opportunities for cross-departmental projects
• Chances to develop expertise in international financial operations

ASSUMPTION: Entry-level roles are often structured to provide foundational experience and training in finance and accounts.

🌍 Location & Work Environment

Office Type: Corporate office environment located in Bangalore

Office Location(s): Bangalore, with a vibrant city atmosphere and access to technological hubs

Geographic Context:

• Bangalore as a central city for IT and finance
• Diverse cultural setting
• Ample public transport options

Work Schedule: Regular business hours with potential for flexibility depending on workload

ASSUMPTION: Bangalore's location provides networking opportunities and diverse personal growth options due to its established financial and technological sectors.

💼 Interview & Application Insights

Typical Process:

• Submit application via company careers page
• Initial HR screening interviews
• Technical interview with finance team
• Final round with department head

Key Assessment Areas:

• Understanding of accounts payable processes
• Technical proficiency with accounting tools
• Problem-solving capability in financial contexts

Application Tips:

• Emphasize any accounting internships or relevant coursework
• Highlight proficiency in specific accounting software
• Be ready to discuss how you handle tricky account discrepancies

ATS Keywords: Accounts Payable, Invoice Processing, Customer Service, Oracle EBS, Multi-tasking

ASSUMPTION: The application process is designed to evaluate both technical skills and the ability to work within a team-oriented finance environment.

🛠️ Tools & Technologies

• Great Plains
• Oracle EBS
• Bill.com
• Yooz
• Docupage

ASSUMPTION: Proficiency in these tools is likely essential for daily tasks; familiarity can significantly benefit job performance.

👔 Cultural Fit Considerations

Company Values:

• Commitment to diversity and inclusion
• Focus on community support and development
• Innovation in technology application

Work Style:

• Collaborative team environments
• Emphasis on problem-solving and adaptability
• Strong focus on service excellence

Self-Assessment Questions:

• Can I adapt to multidisciplinary systems quickly?
• Do I work well in high-volume transactional environments?
• Am I comfortable communicating with a diverse set of stakeholders?

ASSUMPTION: Candidates who embrace technology-driven environments and value diversity will likely thrive here.

⚠️ Potential Challenges

• Adjusting to rapidly changing technologies and systems
• Managing high volumes of invoices accurately under tight deadlines
• Navigating complex vendor relationships
• Balancing cross-training with primary responsibilities

ASSUMPTION: The fast-paced nature of the role requires adaptability and resilience in a challenging accounts payable environment.

📈 Similar Roles Comparison

• Similar roles often offer remote or hybrid options which should be clarified with the company
• May require more specialized software knowledge
• Possibilities for higher entry salaries depending on the industry

ASSUMPTION: Often, similar roles provide a clearer path for advancement in financial settings, albeit with regional variations.

📝 Sample Projects

• Development and implementation of a new accounts payable process
• Leading a team project to optimize vendor payment cycles
• Collaborating on initiatives to improve documentation accuracy

ASSUMPTION: These project types align with common account payable innovations expected in entry-level roles.

❓ Key Questions to Ask During Interview

• What does the training program for new employees look like?
• How is performance measured in this role?
• What opportunities for advancement are available within the finance department?
• Can you describe the team dynamics within the Accounts Payable department?
• What is the most critical challenge your department is facing right now?

ASSUMPTION: These questions will help potential candidates gauge alignment of their career expectations with the company's offerings.

📌 Next Steps for Applicants

To apply for this position:

• Submit your application through this link
• Prepare for a potential skills assessment test
• Ensure your resume highlights relevant technological skills
• Follow-up with HR after submission to confirm receipt
• Be prepared to provide past work samples or case studies

⚠️ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.