Who We Are
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation-inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.
To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.
What You'll Do
Contract Management and Execution
• Monitor email communications for contract requests and ensure timely acknowledgment and processing.
• Make sure the Procurement Policy is properly followed, highlight any exceptions to the management.
• Draft contracts based on inputs received through standardized templates, ensuring all contracts adhere to company policies and legal standards.
• Coordinate with the case team and legal department to obtain all necessary approvals, check Client Facing Contract (CFC) reports, and track the closure of outstanding issues in the portal.
• Communicate processes, timelines, and requirements to all stakeholders involved, maintaining transparency and adherence to policy during contract formulation and execution.
• Initiate the preparation and review of the final execution copy of contracts, coordinate the signature process, and ensure accurate record-keeping and filing of executed contracts.
Accounts Payable and Invoice Processing
• To handle vendor invoice related queries of outsourced AP agent and follow-up with internal BCG buyers / AP agents / approvers / external vendors
• To attend bi-weekly calls with AP agent and inquire in case of delays and invoices processed beyond agreed timelines
• Review of approval hierarchy of vendor invoices
• Highlighting to function heads - vendors not submitting invoices on a timely basis
• Review of invoices booked in Oracle by outsourced AP agent
• Processing Foreign Remittances after obtaining all the relevant documents (CA certificate, Form 15CA etc.)
• Working along with outsourced staff to release all urgent payments e.g. Events, Data purchase, advance payments and co-ordination for the same
• Employee related expenses booking and payments and reimbursement of expenses for Outsourced Consultants
• Analysis of all open outstanding invoices due for payment
• Training outsourced staff on the above mentioned activities in order to bring in higher efficiency and provide leverage to supervisors
• Monitoring / reviewing work performed by outsourced staff
Time sheet processing along with outsourced staff
Monthly Closing activities
• Amortization of Prepaid Expenses
• Preparing / Review of Advance to 3rd Party Schedule and follow-up for pending invoices
• Prepare / Review the Rental Deposits / Other Deposits Schedule
• AP Trial balance reconciliation
• Review / Analyse the ageing of vendor balances and escalate if any concerns
Other Responsibilities – Work on operational effectiveness, which includes identifying opportunities to improve the efficiency of the function. Ensure that local practices comply with BCG policies and local requirements. Enhance internal controls, continuously seeking to reengineer local business process to obtain efficiencies and reduce costs. Play a proactive role in identifying and addressing areas for improvement to the local accounting processes to gain efficiencies, which is inclusive of but not limited to assisting with local development and implementation of financial applications.
What You'll Bring
• B.Com/M.com graduate with 2-4 years of relevant experience in Accounts Payable
• Proficiency in desktop applications and financial systems and ERP general ledger.
• Must have worked extensively on Windows OS and the following software applications: MS Excel, MSWord and PowerPoint, Oracle or any other large financial systems environment/ERP
• Should have experience of working in an MNC environment, especially in the core areas of work described above.
• Should have the personality and drive to be able to interact across functions and levels to be able to carry out his/her job responsibilities.
• Strong communication skills – both written and verbal are important. More than that ability to articulate his/her point across to the other person effectively and efficiently.
Who You'll Work With
The Analyst is a key position in the Accounts Payable team of the India Finance Team. He/She is the point person for activities surrounding vendor invoice processing, payments and vendor queries.
Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.\n
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