Accounts Associate
- Sapiens
- 4 - 6 years
- Bengaluru
- 3 days ago
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Job Description
Sapiens is on the lookout for an Accounts Associate to become a key player in our Bangalore team. If you're a seasoned Accountant and ready to take your career to new heights with an established, globally successful company, this role could be the perfect fit.
Location: Bangalore
Working Model: Our flexible work arrangement combines both remote and in-office work, optimizing flexibility and productivity.
What youll do:
Job Description: Accounts Payable
We are seeking a detail-oriented and proactive Accounts Payable professional to manage end-to-end accounts payable operations, including invoice processing, vendor management, employee reimbursements, and payment execution. The ideal candidate will ensure accurate and timely processing of transactions, maintain strong compliance with tax and regulatory requirements, support month-end closing and audits, and contribute to process improvements and automation initiatives within the finance function.
Key Responsibilities:
- Process vendor invoices and employee reimbursements accurately and in a timely manner in compliance with company policy.
- Perform invoice validations with 3-way/2-way matching, approval checks, compliance verifications, and correct expense accounting.
- Coordinate with vendors and internal stakeholders to resolve invoice discrepancies and obtain necessary documentation
- Review AP aging reports, reconcile vendor ledgers, clear open items, and manage advance balances
- Execute scheduled payment runs and prepare payment master files for management review and approval
- Support month-end and quarter-end closing activities, including posting and reconciling accruals, prepaids, provisions, insurance, petty cash, and advance payments
- Manage capitalization of fixed assets and maintain the Fixed Asset Register (FAR) with accurate tagging and documentation, ensure proper classification and accounting as per relevant accounting standard, and post depreciation, disposal and other fixed assets related accounting entries.
- Prepare allocation of corporate costs across cost centres and entities in line with internal policies and ensure accurate reflection in books of accounts and management reports.
- Prepare monthly and quarterly MIS reports and conduct expense variance analysis for management review.
- Ensure compliance with MSME and SEZ regulations and managing timely filings and reporting.
- Maintain SOX documentation as per the FSCP matrix and ensure adherence to internal controls and accounting policies.
- Prepare AP schedules for financial statements and support internal and external audits with required reports and reconciliations.
- Manage vendor onboarding by verifying documents, bank details, and compliance requirements.
- Identify and support implementation of process improvements and automation opportunities in AP operations
Required Skills and Qualifications:
- Bachelors/Masters degree in commerce, Finance, or a related field (B.Com/M.Com/CA inter/MBA finance preferred)
- 3-5 years of experience in accounts payable or general accounting
- Strong knowledge of Accounts Payable and regulatory compliances as per Indian tax laws.
- Proficiency in accounting software such as SAP/Oracle, or similar ERP systems
- High attention to detail, accuracy, and organizational skills
- Effective communication and interpersonal skills to coordinate with different team and departments.
- Ability to manage multiple tasks and meet tight deadlines
Preferred Qualifications:
- Experience with AP automation tools or workflow systems
- Intermediate to advanced proficiency in Microsoft Excel
Job Classification
Industry: BPM / BPOFunctional Area / Department: Finance & AccountingRole Category: Finance & Accounting - OtherRole: Finance & Accounting - OtherEmployement Type: Full timeContact Details:
Company: SapiensLocation(s): Bengaluru
Keyskills: accounts payable sap general accounting regulatory compliance mis vendor management ledger fixed assets erp oracle petty cash variance analysis auditing invoice processing accounting accounting entries depreciation financial statements
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Sapiens International Corporation (NASDAQ and TASE: SPNS) is a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector. We offer integrated core software solutions and business services, and a full digital suite for the prope...
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