Genpact is Hiring Finance & Accounting Professionals | Finsplitz

Introduction

Are you a finance or accounting professional looking to make a significant impact by transforming financial operations for global clients? Genpact, a global professional services firm focused on delivering digitally-led business outcomes, is a major player in the Finance & Accounting (F&A) domain. With a vast presence across India in cities like Gurugram, Noida, Hyderabad, Bengaluru, Kolkata, and Chennai, Genpact offers a wide array of roles for fresh graduates and experienced professionals in various F&A specializations. If you are keen to leverage your financial expertise, embrace digital tools like AI and automation, and drive efficiency and accuracy in business processes, Genpact provides a dynamic platform for a rewarding career.

Roles and Responsibilities

Genpact’s Finance & Accounting services are comprehensive, spanning the entire F&A value chain. Professionals at Genpact work across specialized domains, helping clients streamline operations, improve compliance, and gain deeper financial insights.

Key F&A roles and responsibilities at Genpact often fall under these core processes:

• Record-to-Report (RTR) / General Ledger (GL):
  • Responsibilities: Performing balance sheet reconciliations, journal entries, monthly/quarterly financial closing activities, intercompany accounting, fixed asset accounting, and preparing financial statements.
  • Focus: Ensuring accurate and timely financial reporting, often leveraging automation and advanced analytics for faster insights (e.g., Continuous Close Accelerator).
  • Roles: Process Associate, Process Developer, Management Trainee – RTR, Assistant Manager – RTR, Manager – RTR.
• Order-to-Cash (OTC) / Accounts Receivable (AR):
  • Responsibilities: Managing customer invoicing, cash applications, credit management, collections (making collection calls, emailing invoices), dispute resolution, and reconciliation of customer accounts.
  • Focus: Optimizing working capital, improving cash flow, and enhancing customer relationships.
  • Roles: Process Associate – OTC, Process Developer – OTC, Management Trainee – OTC, Assistant Manager – OTC, Manager – OTC Collections.
• Procure-to-Pay (PTP) / Accounts Payable (AP):
  • Responsibilities: Processing invoices (PO and Non-PO), vendor reconciliation, payment processing, expense report auditing, managing vendor relationships, and resolving payment discrepancies.
  • Focus: Driving efficiency in procurement processes, ensuring timely payments, and optimizing vendor relationships.
  • Roles: Process Associate – AP, Process Developer – AP, Assistant Manager – P2P, Manager – P2P.
• Financial Planning & Analysis (FP&A):
  • Responsibilities: Managing annual budgeting and quarterly forecasting processes, conducting variance analysis (actual vs. budget/forecast), preparing financial evaluations, and presenting insights to senior management.
  • Focus: Providing strategic financial insights to support business decision-making and drive financial performance.
  • Roles: Management Trainee – FP&A, Assistant Manager – FP&A, Manager – FP&A.
• Other Specialized Roles:
  • Treasury & Risk Management: Supporting cash forecasting, liquidity management, and foreign exchange operations.
  • Compliance & Controls: Ensuring adherence to financial regulations (e.g., SOX compliance), internal controls, and audit support.
  • Finance Transformation & Digitalization: Working on projects involving process re-engineering, RPA (Robotic Process Automation), AI/ML implementation in F&A, ERP system implementations (SAP, Oracle, Workday), and digital tools like BlackLine or HighRadius. These roles often require a blend of F&A expertise and technology aptitude.

Genpact emphasizes using its “Lean Digital” approach, combining deep domain expertise with digital technologies (AI, analytics, automation) to deliver transformative outcomes for clients.

Salary and Benefits

Genpact offers competitive salaries and a comprehensive range of benefits to its Finance & Accounting professionals in India, aligning with industry standards for business process management and professional services firms.

• Average Annual CTC (Cost to Company):
  • For entry-level roles (e.g., Process Associate, Process Developer, Management Trainee) in F&A, especially for fresh graduates (B.Com, BBA, M.Com, MBA Finance), the typical annual CTC at Genpact in India can range from ₹2.5 lakhs to ₹4.5 lakhs per annum. For instance, an “Accounting Associate” might average around ₹2.5 lakhs.
  • For mid-level roles (e.g., Assistant Manager, Manager) with 3-7 years of experience, salaries can range from ₹5 lakhs to ₹12 lakhs per annum, with variations based on specialization and performance. For example, an “Assistant Manager” averages around ₹6 lakhs.
  • For senior roles (e.g., Senior Manager, AVP, VP) with significant experience and responsibility, salaries can go significantly higher, ranging from ₹12 lakhs to ₹30+ lakhs per annum. An “Operations Manager” averages around ₹9.4 lakhs.
  • The overall average salary for Genpact employees in India across all roles is around ₹7.9 lakhs per annum.
• Benefits and Perks: Genpact provides a robust benefits package designed to support employee well-being, professional growth, and work-life balance.
  • Health & Wellness: Comprehensive medical insurance coverage for employees and their families, often including critical illness and accidental insurance. Employee Assistance Programs (EAP) for mental health support.
  • Financial & Retirement Benefits: Provident Fund (PF) contributions, Gratuity, and other retirement benefits as per Indian regulations. Performance-based incentives and bonuses.
  • Learning & Development:
    • Extensive learning programs, including the “SkyDive Global Campus Academy” for continuous upskilling in industry knowledge, data analytics, digital skills, and professional competencies.
    • Opportunities for internal job rotations (IJPs) across different processes and projects.
    • Support for professional certifications (e.g., Lean, Six Sigma, sometimes even partial reimbursement for finance certifications).
    • Mentorship from senior leaders and domain experts.
  • Work Environment & Culture:
    • A diverse and inclusive work environment with a focus on values like curiosity, courage, and integrity.
    • Emphasis on job security (Genpact is known for low layoffs even during recessions).
    • Supportive work culture with opportunities for team-building activities and employee engagement programs.
    • Cab facilities (especially for night shifts, with safety measures for female employees).
    • Flexible working models (e.g., 5-day working, varying shifts depending on client requirements, sometimes work-from-home options).
  • Career Growth: Clear career progression paths from associate to management and leadership roles, with opportunities to work with global clients and on transformation projects.

Eligibility Criteria

Genpact looks for candidates with a strong foundation in finance and accounting, coupled with essential analytical and communication skills, and an eagerness to adapt to digital tools and process improvements.

• Educational Qualification:
  • Fresh Graduates:
    • Bachelor of Commerce (B.Com): Most common for entry-level F&A roles (P2P, O2C, RTR).
    • Bachelor of Business Administration (BBA) (especially with a Finance specialization).
    • Master of Commerce (M.Com), MBA in Finance: Preferred for analytical roles or faster progression.
    • CA (Chartered Accountant) Inter/Finalists, CMA (Cost & Management Accountant): Highly sought after for specialized or advanced F&A roles.
  • Engineering Graduates: While less common for core F&A transactional roles, B.E./B.Tech graduates (especially from IT/CS backgrounds) are increasingly considered for F&A transformation, financial technology, or analytics roles within finance.
• Experience:
  • Freshers (0 years of experience): Genpact frequently hires fresh graduates for Process Associate and Management Trainee roles.
  • Experienced Professionals: Relevant work experience (1-15+ years) in F&A operations, shared services, or finance consulting, with increasing levels of responsibility for higher positions.
  • Experience with ERP systems (SAP, Oracle, Workday) and F&A digital tools (BlackLine, HighRadius) is a significant advantage, especially for roles involving transformation.
• Key Skills:
  • Finance & Accounting Fundamentals: Strong understanding of accounting principles (GAAP, IFRS), financial statements, taxation (basic), and core F&A processes (P2P, O2C, RTR).
  • Analytical Skills: Ability to analyze financial data, identify discrepancies, and solve problems logically.
  • Attention to Detail: Meticulousness and accuracy in handling financial data.
  • Proficiency in MS Office: Advanced Excel skills (formulas, pivot tables, VLOOKUP) are critical. Proficiency in Word and PowerPoint for reporting and presentations.
  • Communication Skills: Excellent verbal and written communication skills in English for client interaction, team collaboration, and documentation.
  • ERP System Knowledge: Familiarity with major ERP systems like SAP, Oracle, or Workday is highly advantageous.
  • Process Improvement Mindset: An understanding of or interest in Lean, Six Sigma, or other process improvement methodologies is a plus.
  • Adaptability to Technology: Openness to learning and using new digital tools, automation (RPA), and AI in F&A processes.
  • Teamwork & Collaboration: Ability to work effectively in a team-oriented environment, often in a global delivery model.

Application Process

The application process for Finance & Accounting roles at Genpact in India is typically structured to assess candidates’ aptitude, domain knowledge, and communication skills.

1. Online Application / Walk-in Drives / Campus Recruitment:
   • Candidates can apply directly through the Genpact Careers website (careers.genpact.com), external job portals (LinkedIn, Naukri, Indeed), or participate in scheduled walk-in interviews at Genpact offices.
   • Genpact also conducts extensive campus recruitment drives at colleges for fresh graduates.
   • Submit a resume highlighting your educational background, relevant projects, and any certifications or internships.
2. Resume Screening:
   • HR reviews applications to shortlist candidates whose qualifications and experience align with the role’s requirements.
3. Online Assessment / Aptitude Test (for Freshers/Entry-Level):
   • Many entry-level roles require candidates to take an online assessment. This typically includes sections on:
     • Quantitative Aptitude: Numerical ability, data interpretation.
     • Logical Reasoning: Puzzles, series, coding-decoding.
     • Verbal Ability: English grammar, comprehension, vocabulary.
     • Domain-specific Questions: Basic accounting principles, finance fundamentals (sometimes).
     • Voice & Versant (Communication Test): Assesses spoken English, pronunciation, grammar, and fluency, especially for roles involving client interaction.

Interview Process

Candidates who clear the online assessment proceed to interview rounds, which typically involve technical/domain-specific discussions and HR evaluations. The process generally has 2-4 rounds.

• Round 1: HR Screening / Initial Interview (15-30 minutes)
  • Focus: Assess basic communication skills, understanding of the role, motivation for joining Genpact, and cultural fit.
  • Questions: “Tell me about yourself,” “Why Genpact?”, “Why F&A?”, “What are your career aspirations?”, “Are you open to shifts?”, “What are your strengths and weaknesses?”, “Confirm your location preference and availability.”
  • Note: For some processes, especially in BPO operations, a “JAM session” (Just A Minute) or group discussion might be included to evaluate spontaneity and communication.
• Round 2: Technical / Domain-specific Interview (45-60 minutes)
  • Focus: In-depth assessment of your knowledge in finance and accounting principles, process understanding, and problem-solving abilities relevant to the specific F&A role (RTR, O2C, P2P, FP&A). This round is usually conducted by a Team Lead or Assistant Manager from the respective operations.
  • Questions:
    • For RTR: “Explain balance sheet reconciliation,” “What are different types of journal entries?”, “How do you handle accruals and provisions?”, “What is the financial close process?”
    • For O2C: “What is the order-to-cash cycle?”, “How do you handle cash applications?”, “What are common collection strategies?”, “How to resolve invoice disputes?”
    • For P2P: “Explain the 3-way match process,” “What is a purchase order?”, “How do you ensure timely vendor payments?”, “How do you handle invoice exceptions?”
    • General F&A: “What are the accounting standards (e.g., IFRS/GAAP)?”, “Difference between direct and indirect expenses?”, “What is depreciation?”, “What ERP systems have you worked on?”
    • Situational: “How would you handle a discrepancy in a financial report?”, “What would you do if a client escalates an issue?”
• Round 3: Operations Manager / Senior Manager Interview (30-45 minutes)
  • Focus: This round evaluates your ability to handle pressure, leadership potential (if applicable), process improvement ideas, and broader understanding of F&A operations.
  • Questions:
    • Behavioral (STAR Method): “Describe a challenging situation you faced in a previous role/project and how you resolved it,” “Tell me about a time you worked effectively in a team,” “How do you prioritize tasks under tight deadlines?”, “What makes you a good fit for this role/Genpact?”
    • Process Improvement: “How would you suggest improving the [specific F&A process]?”, “What are the latest technologies impacting F&A?”
    • Role-specific scenarios: More complex scenarios related to managing a small team, dealing with client expectations, or ensuring compliance.
• Round 4: Final HR Round (Optional – 15-30 minutes)
  • Focus: Confirmation of salary expectations, discussion of compensation and benefits, and final cultural fit assessment.
  • Questions: “Are you flexible with shift timings?”, “Do you have any questions about the company or the role?”, “Your last drawn CTC and expected CTC.”

Preparation Tips:

• Master F&A Fundamentals: Thoroughly revise your accounting principles, financial statement analysis, and core F&A process cycles (P2P, O2C, RTR).
• Practice Aptitude Tests: Familiarize yourself with common aptitude test formats (numerical, logical, verbal reasoning) and practice regularly.
• Brush up on MS Excel: Be proficient in advanced Excel functions as it’s a heavily used tool in F&A.
• Research Genpact: Understand Genpact’s services, its focus on digital transformation (Lean Digital, AI, Automation), and its clients.
• Prepare for Behavioral Questions: Think of specific examples from your academic or work experience that demonstrate your problem-solving, teamwork, communication, and adaptability skills. Use the STAR method to structure your answers.
• Improve Communication Skills: Practice speaking clearly and confidently, especially for the voice and accent round if applicable.
• Be Ready for Shifts: Understand that many F&A roles in BPO might involve rotational shifts or night shifts to support global clients.

Conclusion

Genpact offers a robust and dynamic environment for finance and accounting professionals in India, from fresh graduates to seasoned experts. With its focus on process innovation, digital transformation, and client impact, a career in F&A at Genpact provides extensive opportunities for learning, professional growth, and contributing to the efficiency of global businesses. If you possess a strong foundation in finance, an analytical mindset, and a readiness to embrace technological advancements in the F&A domain, Genpact could be the ideal launchpad or next step in your career.