Finance & Accounts - Accounting Professional

Makemytrip; Gurugram District; On-site; INR 350,000 - 700,000; Full time

Job summary

Makemytrip is seeking an Accounting Reconciliation executive/senior executive in Gurugram to manage accounts payable transactions, respond to hotel partners and internal teams with payment-related queries, and ensure timely processing and reporting. The role requires B.Com plus MBA in Finance with 2–5 years of experience in finance and a readiness to learn across multiple payment operations.

The ideal candidate will handle invoice verification, payment scheduling, vendor negotiations, and

Qualifications

• B.Com graduates with an MBA in finance and 2–5 years of experience in Finance and Accounts.
• Ready-to-learn attitude and willingness to handle multiple tasks.

Responsibilities

• Payment Processing: verify invoices, schedule payments, reconcile and validate transactions.
• Vendor Management: maintain relations with vendors and respond to payment inquiries.
• Reporting: generate accounts payable reports and analyze trends and balances.
• Compliance: adhere to internal policies and regulatory requirements; assist audits.
• Payment Query Resolution: respond to finance inquiries from internal and external stakeholders.
• Investigation and Analysis: identify root causes of discrepancies and implement corrective actions.
• Customer Service: address inquiries professionally and maintain stakeholder relationships.
• Process Improvement: propose and implement payment process improvements.
• System Management: use payment systems and databases to update records and resolve queries.
• Ad Hoc Tasks: support management with special projects as needed.

Skills

Communication skills

Analytical skills

Interpersonal skills

Education

B.Com

MBA in Finance

Job description

About the Opportunity

Role: Accounting Reconciliation

Level: Executive / Senior Executive

Reporting to: Manager - Finance Accounts

Location: Gurugram

About the Function:

The Finance function serves as a cornerstone in driving financial strategy, overseeing revenue accounting, reconciliation, and reporting. It collaborates closely with the business team and plays a crucial role in syncing revenue numbers, addressing day-to-day operational challenges, and ensuring the timely handling of monthly/quarterly/annual reporting and audits.

About the Role:

In this role, you will be responsible for managing the financial transactions related to accounts payable within the organization. You will respond to both verbal and written queries from hotel partners.

You will play a pivotal role in handling all payment-related inquiries and associated subprocesses within the organization. MMT provides an array of services such as Pay at Hotel, Book Now Pay Later and Prepaid to both consumers and hotel partners.

Thus, this will be your task to respond to the hotel partners/internal employees financial queries and to understand financial terminologies. The ideal candidate embodies versatility, serving as a jack of all trades in payment operations, adept at managing diverse tasks and collaborating with multiple stakeholders.

What will you be doing:

Payment Processing: Handling payment processing tasks, including but not limited to invoice verification, payment scheduling, reconciliation, and validation of financial transactions. Maintain accurate records of payment transactions and monitor payment deadlines.

Vendor Management: Establish and maintain positive relationships with vendors and suppliers. Address inquiries or concerns from vendors regarding payment status or discrepancies. Negotiate payment terms wherever applicable to make payments streamline.

Reporting: Generate reports on accounts payable activities as required by management. Provide analysis and insights into payables trends, outstanding balances, and payment schedules.

Compliance: Adhere to internal accounting policies and procedures. Stay updated on relevant regulations and compliance requirements in the travel industry. Assist in audits and compliance reviews as necessary.

Payment Query Resolution: Respond promptly to payment-related queries from internal stakeholders and vendors, ensuring accurate and satisfactory resolution while adhering to service level agreements (SLAs).

Investigation and Analysis: Investigate discrepancies, errors, or issues related to payments, utilizing analytical skills to identify root causes and implement corrective actions to prevent recurrence.

Customer Service: Provide exceptional customer service by addressing inquiries courteously, professionally, and efficiently, maintaining a positive rapport with stakeholders and fostering strong relationships.

Process Improvement: Collaborate with cross-functional teams to identify opportunities for streamlining payment processes, enhancing efficiency, and implementing best practices to optimize the payment query resolution workflow.

System Management: Navigate and utilize various payment systems, software applications, and databases proficiently to access information, update records, and facilitate query resolution.

Ad Hoc Tasks: Assist in ad hoc projects, assignments, or tasks as assigned by management, demonstrating flexibility and willingness to contribute to the overall success of the payments function.

Qualification Experience:

B.com graduates, with an MBA in finance, who possess 2-5 years of experience in the field of Finance and Accounts and demonstrate a ready-to-learn attitude.

Key Success Factors for the Role:

A solid understanding of accounting principles and financial reporting standards.The ability to analyze financial data, interpret trends, and make recommendations based on analysis.Strong communication skills, Influencing skills, great interpersonal stakeholder management skills. High on energy, team player coupled with a great attitude

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.