With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.
The World Bank Group is one of the world’s largest sources of funding and knowledge for developing countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.
VACANCY DETAILS :-
POST NAME - Senior Accounting Assistant
QUALIFICATION - B.Com
DESIRABLE QUALIFICATION - CA/CPA
EXPERIENCE - 03 Years
LOCATION - Chennai
JOB DESCRIPTION :-
WFAGP is located at Chennai and responsible for processing vendor payments for all HQ units in Washington DC and around 120+ County offices. WFAGP reports functionally to WFATA. This team complements and works with WFAFC’s other functional teams in Chennai: Payroll, Tax and AR (WFAPA), the Assurance and Client Support team (WFAAC), which deliver core transaction processing services related to Accounts Receivable, Payroll, Tax, provide advisory and support services to country office accountants, travelers and WBG staff in accounting and compliance activities through training, reviews and help desk operations (WFAAN).
WFAGP is looking to recruit suitable candidates for the Senior Accounting Assistant positions in the global payments team.
The Senior Accounting Assistant will be responsible for processing payments to vendors and staff located at HQ or Country offices. The job requires extensive interaction with HQ (or) the country offices accounting staff and vendors.
Duties & Responsibilities
• Process payments to staff and vendors within service standards and contractual terms, which includes invoice review, data entry, and payment proposal preparation, review, and release in accordance with established guidelines.
• Track and clear invoice work items assigned in the SAP inbox; check emails received from clients and take immediate action; resolve cases that require special attention.
• Follow up with TTLs, managers, other staff, and vendors regarding pending workflow items.
• Apply provisions of US GAAP for accrual accounting.
• Adopt best practices to set off vendor receivables.
• Research and initiate action for vendor debit balances; work with vendor on refunds.
• Investigate and resolve cases for failed payment executions, stop payment requests, and stale-dated checks.
• Execute vendor down-payments, as needed for prepaid expenses and advances and ensure these are netted against subsequent invoices; monitor and resolve open down-payments.
• Execute daily Evaluated Receipts Settlement (ERS) process to generate invoice documents in SAP from electronically approved service entry sheets.
• Provide resolution to vendor claims relating to non-payment or incomplete payment or insufficient information to apply payments.
• Respond to queries from vendors, units, relating to invoice payments.
• Analyze / research / act on requests for accounting adjustments relating to accounts payable, engage in discussion as needed to understand and determine action required.
• Submit employee reimbursement request for miscellaneous payments to consultant and non-PO payments to firms
• Coordinate with the vendor master team to update banking information
• Maintain excellent client rapport and demonstrate client service skills in resolving issues.
• Participate in ad-hoc activities such as system testing and other assigned tasks.
Note: The Working Hour will be 8.5 hours between 07.00 AM to 10.30 PM (IST). The candidate should be willing to work in any of the slots as per business requirement.
LAST DATE FOR ONLINE APPLICATION - 13.07.2022
LINK FOR ONLINE APPLICATION - CLICK HERE
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