Associate, Global Accounts Payable (12 month contract)
Bain & Company · New Delhi, India · 3d ago
Company Profile
Bain & Company is the management consulting firm that the world’s business leaders come to when they want results. Bain advises clients on strategy, operations, information technology, organization, private equity, digital transformation and strategy, and mergers and acquisition, developing practical insights that clients act on and transferring skills that make change stick. The firm aligns its incentives with clients by linking its fees to their results. Bain clients have outperformed the stock market 4 to 1. Founded in 1973, Bain has offices in various countries, and its deep expertise and client roster cross every industry and economic sector.
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.
The Role
The Associate, Global Accounts Payable brings solid functional and technical knowledge of end-to-end AP processes. While working independently, the role also partners closely with the Accounts Payable Lead in maintaining and processing the AP function across global offices in accordance with company policies and service level agreements. Based out of New Delhi, this role will primarily support Bain's Australia offices and will require the incumbent to be comfortable starting their workday early, around 8:00 AM IST, to align with Australian business hours. The Associate serves as a key point of contact for internal stakeholders, ensuring timely resolution of queries and consistent adherence to company policies. They are responsible for maintaining compliance with AP policies, supporting audit requirements, and actively contributing to process efficiency and service delivery standards.
Key Tasks and Responsibilities
Accounts Payable
- Ensure all invoices entered in the ERP correctly
- Validate the source of invoice received
- Perform the required checks to verify cost & bank details
- Review the contracts and commercials to ensure compliances / controls
- Closely work with Legal team, Case team etc.
- Ensure Bain policy and local regulatory compliance
- Support in all ad-hoc reporting and process improvement related initiatives / projects
- Effective and efficient email correspondences with employees / vendors for AP related clarifications whilst ensuring timely payment
- Supporting on Internal and external audits
- Preparing and reporting monthly KPIs
- Assist and provide ad hoc reporting as and when required
- Support on ad hoc requirements related to AP
- Pass Journal entries if needed
Career Growth:
At Bain & Company, no two-career paths are the same, we invest in our people with a strong focus on career development and long-term growth opportunities.
We provide the structure to ensure success and the flexibility to accommodate your needs. We offer formal training to support you and informal challenges to stretch you. No matter what path you choose to follow, Bain & Company will offer you unrivalled career-development opportunities.
Personal Specification:
- Experience in Accounts Payable or a related financial role within an organization
- Proficiency in processing invoices, payments, and financial transactions
- Familiarity with relevant accounting software and tools
- Ability to apply accounting principles and practices to ensure accuracy and compliance.
- Strong attention to detail, time management, and problem-solving skills
- Excellent Communication skill
- Strong service orientation
- Self-motivated and adaptable, with a strong team-first approach and willingness to take initiative
Qualifications and Experience:
Essential
- CA Inter or MBA (Finance) or M.COM
- Proficiency in English, both written and verbal
- Proficiency in excel.
- At least 3-5 years previous Accounts Payable experience
Desired but not essential
- Experience with SAP/ Coupa
- Process transition experience
- Experience in a Consulting firm or a Captive unit
What Makes Us a Best 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.