Job Title: Assistant Manager - Accounts Payable - 5+ Years - Gurugram \ Noida 

Location: Gurugram / Noida - 
Experience: 7 Years

Our Purpose

Xceedance (www.xceedance.com) is a global provider of strategic consulting and managed services, technology, data sciences, and blockchain solutions to insurance organizations. Domiciled in Bermuda, with offices in the United States, United Kingdom, Germany, Poland, India, and Australia, Xceedance helps insurers launch new products, drive operations, implement intelligent technology, deploy advanced analytic capabilities, and achieve business process optimization.

The experienced insurance professionals at Xceedance enable insurers, reinsurers, brokers, and program administrators worldwide to enhance policyholder service, enter new markets, boost workflow productivity, and improve profitability. Xceedance has achieved phenomenal growth in the past six years — a tribute to the knowledge, scope, and impact of our people around the world.

Everyone is laser-focused on delivering value to our customers. We are committed to the communities in which we live and work. We are driven by a culture of innovation and integrity.

As a member of the Xceedance team, you can shape a fulfilling career, participate in exciting projects, and impact the organization meaningfully. Count on strong support to develop skills, grow quickly, and meet your professional aspirations. Relish working in a highly collaborative setting that features state-of-the-art resources, modern technology, and a comfortable, gratifying environment. Create solutions and fulfill your role alongside highly talented and dynamic colleagues who will motivate you to be agile and extremely productive. All this is complemented by the advantages of a superior benefits package.

Our Vision & Strategic Focust  to help catalyze insurance ecosystems for the benefit of society.

Key Pillars:

• Global insurance expertise and a customer-centric approach
• Vertical focused and technology-enabled
• Learning organization
• People-first culture

Job Summary We are hiring an Assistant Manager - Accounts Payable to join our Financial Services Practice team. The desired candidate should be a Commerce Graduate / Postgraduate / BBA / MBA in Finance with 7 years of experience in Accounts Payable processes, Financial reconciliation, and analytical reporting. This position will also focus on stakeholder communication, process improvement, and automation.

Position Title

Assistant Manager – Accounts Payable (AP)

Key Objectives and Responsibilities

1. Manage day-to-day Accounts Payable (AP) operations, including reconciliation activities and reporting.
2. Perform financial reconciliation, prepare reports, conduct comparative analysis, and communicate with multiple stakeholders.
3. Analyze financial data for accuracy, ensuring error-free processes.
4. Support the monthly, quarterly, and annual closing processes.
5. Reconcile bank statements, oversee payments, and monitor cash flow to ensure financial stability.
6. Continuously drive process improvements and automation to enhance efficiency.
7. Collaborate with internal and external teams for seamless accounting and reconciliation processes.

Key Capabilities and Competencies

1. Expertise in Accounts Payable functions, including multi-currency vendor invoicing and payments.
2. Strong knowledge of financial reconciliation principles and accounting systems/processes.
3. Proficient in Microsoft Excel, including pivot tables, macros, and advanced formulas.
4. Excellent problem-solving, analytical thinking, and attention to detail in handling financial data.
5. Effective communication and interpersonal skills for seamless stakeholder collaboration.
6. Independent thinker, proactive, and a proven team player.
7. Demonstrates accuracy, time management, and ability to prioritize responsibilities to meet deadlines.

Qualification and Experience

1. Graduate/Postgraduate (Commerce, Business Administration) or MBA in Finance.
2. 7 years of experience in Financial Services, specializing in Accounts Payable (AP) and reconciliations.
3. Hands-on knowledge of financial technologies like Workday and similar platforms is a plus.

What We Offer You

At Xceedance, we empower individuals to exceed expectations and create meaningful career paths. Through our career development initiatives, you will:

1. Work in a Highly Collaborative, Inclusive Work Environment with opportunities to bring your innovative ideas to life.
2. Join a People-First Culture that promotes trust, integrity, and growth.
3. Receive comprehensive career development support and training to advance your skills, grow quickly, and achieve your professional goals.
4. Participate in global projects and collaborate with a diverse group of talented professionals.
5. Be rewarded with a competitive compensation and benefits package, and experience a workplace defined by respect, wellness, and inclusion.

Xceedance is committed to fostering diversity and equality in the workplace. We encourage individuals from all backgrounds, genders, and perspectives to apply. If you're ready to be part of a team making an impact globally, apply today!