KPMG India | Executive - Managed Services F&A - Accounts Payable

Responsibilities

• The position in discussion is with the Managed Services team, part of our Consulting team.
• The KPMG Global Services (KGS) Consulting team is a diverse team of more than 6,400 professionals.
• With capabilities such as Technology Enablement, Corporate Services, Customer and Operations, Cross Functional Services, Risk Services and Managed Services, our team is a varied mix of professionals with extensive skills and expertise.
• Executive – we are seeking a detail-oriented Executive with prior knowledge in Reconciliation to join our Finance & Accounting (F&A) team.
• The candidate will be responsible to Process vendor invoices accurately and in a timely manner (PO and Non-PO invoices).
• Perform invoice validation, matching, and coding as per accounting rules.
• Ensure invoices are properly approved before posting in the ERP system.
• Respond to basic vendor queries related to invoice and payment status.
• Assist in AP reconciliations and clearing open items.
• Support booking of accruals and month-end close activities.
• Ensure proper documentation is maintained for audit purposes.
• Assist in processing vendor payments and payment runs.
• Coordinate with internal and external stakeholders to resolve outstanding reconciliation issues.
• Identify process improvement opportunities and suggest automation solutions to enhance efficiency.
• Reporting of issues of concern and risk to KGS Leadership, and where appropriate, to the client on a timely basis and pro-actively ensuring problems/issues are identified and solved.
• Audit experience a plus.

Requirements

• Min 1-5 yrs of experience in financial reconciliation, accounting or related roles.
• Mandatory technical & functional skills.
• Strong knowledge of Accounts Payables, accounting principles, and financial reporting.
• Proficiency in ERP systems and MS Excel (VLOOKUP, Pivot tables etc).
• Excellent analytical and problem solving skills.
• Strong attention to detail and accuracy in financial data.
• Strong command and ease of business English (spoken and written), native preferred.
• Experience in shared services or outsourcing environments, especially in the Insurance, Banking and Asset Management industry is preferred.
• Strong presentation skills and ability to engage senior stakeholders.
• Familiarity with automation tools such as Power BI, Alteryx or RPA solutions would be great to have.
• Knowledge of IFRS, GAAP and other accounting standards will be an added advantage.
• Preferred background in Financial services industry, with exposure to Banking Operations and Risk Management, under the ambit of global service delivery set-up.

KPMG in India

KPMG is one of the Big Four professional services networks, offering audit, tax and advisory services. The global network was formed in 1987 through the merger of Peat Marwick International and Klynveld Main Goerdeler.

KPMG in India and KPMG Global Services hire chartered accountants and finance professionals for statutory and internal audit, controls and risk advisory, tax, deal advisory and managed-services roles.

• Industry: Audit, tax and advisory (Big Four)
• In India: KPMG in India and KPMG Global Services, with offices across major cities