Accounts Associate
Accounts Associate
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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 youre 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 ( inter/MBA finance preferred)
- 35 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
About Sapiens:-
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global leader in intelligent insurance software solutions. With Sapiens robust platform customer-driven partnerships and rich ecosystem insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. We help insurers harness the power of AI and advanced automation to support core solutions for property and casualty workers compensation and life insurance including reinsurance financial & compliance data & analytics digital and decision management. Sapiens boasts a longtime global presence serving over 600 customers in more than 30 countries with its innovative SaaS offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success. For More information visit us on .
Sapiens is an equal opportunity employer. We value diversity and strive to create an inclusive work environment that embraces individuals from diverse backgrounds.
Disclaimer: - Sapiens India does not authorise any third parties to release employment offers or conduct recruitment drives via a third party. Hence beware of inauthentic and fraudulent job offers or recruitment drives from any individuals or websites purporting to represent Sapiens . Further Sapiens does not charge any fee or other emoluments for any reason (including without limitation visa fees) or seek compensation from educational institutions to participate in recruitment events. Accordingly please check the authenticity of any such offers before acting on them and where acted upon you do so at your own risk. Sapiens shall neither be responsible for honouring or making good the promises made by fraudulent third parties nor for any monetary or any other loss incurred by the aggrieved individual or educational institution. In the event that you come across any fraudulent activities in the name of Sapiens please feel free report the incident at sapiens to
Required Experience:
IC
Employment Type
Full Time
