AmbitionBox
Interview Questions
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Add office photos
Genpact
Compare
Proud winner of ABECA 2025 - AmbitionBox Employee Choice Awards
Filter interviews by
Genpact Accounts Payable Executive Interview Questions and Answers
41 Interview questions
Vendor reconciliation accounts are assigned in the accounting system to ensure accurate tracking of vendor transactions.
Assign in the ERP system under vendor master data settings.
Example: In SAP, use transaction code XK02 to edit vendor details.
Link to specific general ledger accounts for accurate reporting.
Example: Assign a reconciliation account for each vendor type, like 'Suppliers' or 'Contractors'.
Ensure prop...
Accounts payable refers to the money a company owes to its suppliers for goods and services received but not yet paid for.
Accounts payable is a liability on the balance sheet, representing short-term obligations.
It includes invoices from suppliers for products or services received, such as office supplies or utilities.
Timely payment of accounts payable can help maintain good supplier relationships and may lead to ...
The P2P cycle, or Procure-to-Pay cycle, encompasses the entire process of acquiring goods/services and making payments.
1. Requisition: Identifying the need for goods/services, e.g., a department requests office supplies.
2. Purchase Order: Creating a formal order to a supplier, e.g., sending a PO for 100 chairs to a vendor.
3. Receipt of Goods/Services: Receiving and inspecting the order, e.g., checking the delivery...
Accounts payable entries track money owed to suppliers for goods and services received.
Invoice Entry: Recording an invoice from a supplier for office supplies.
Payment Processing: Making a payment entry for a utility bill.
Accruals: Recognizing expenses for services received but not yet invoiced, like consulting fees.
Vendor Credits: Recording a credit note received from a vendor for returned goods.
What people are saying about Genpact
Detail-oriented Accounts Payable Executive with 5 years of experience in managing invoices and vendor relationships efficiently.
Over 5 years of experience in accounts payable, ensuring timely processing of invoices.
Skilled in using accounting software like SAP and QuickBooks to streamline operations.
Successfully reduced invoice processing time by 20% through process improvements.
Strong communication skills, foster...
In my previous role, I managed vendor relationships, processed invoices, and ensured timely payments to maintain financial accuracy.
Managed vendor relationships by negotiating payment terms and resolving discrepancies.
Processed invoices accurately and efficiently, ensuring compliance with company policies.
Conducted regular audits of accounts payable to identify and rectify errors.
Collaborated with the finance team...
Genpact HR Interview Questions
2-way match verifies invoice against purchase order; 3-way match adds receipt of goods for accuracy.
2-way match involves comparing the invoice with the purchase order.
Example: If a company orders 100 units of a product and receives an invoice for 100 units, it matches.
3-way match includes the invoice, purchase order, and receipt of goods.
Example: If the company receives 100 units and the invoice is for 100 units, ...
Yes, I am comfortable working the night shift and can adapt my schedule to meet the needs of the team.
I have previously worked night shifts in my last role, which helped me develop strong time management skills.
I understand that working nights can sometimes lead to challenges, but I am committed to maintaining productivity.
I have strategies in place to ensure I stay alert and focused during night hours, such as re...
P2P cycle refers to the Procure-to-Pay cycle, which involves the entire process from requisitioning goods/services to making payment.
The P2P cycle starts with a purchase requisition being raised by the requesting department.
The purchase requisition is then approved by the relevant authority.
A purchase order is generated and sent to the vendor.
Goods/services are received and the invoice is matched with the purchase...
I have over five years of experience in accounts payable, managing vendor relationships and ensuring timely payments.
Managed a portfolio of over 100 vendors, ensuring accurate and timely payments.
Implemented a new invoice processing system that reduced processing time by 30%.
Conducted regular audits to ensure compliance with company policies and procedures.
Collaborated with cross-functional teams to resolve discre...
Genpact Accounts Payable Executive Interview Experiences
33 interviews found
Nadiminti Nandini
(2 Questions)
- Q1. Explain about P2P cycle
- Q2. 2 way matching and 3 way matching
Interview Preparation Tips
Anonymous
I applied via Company Website and was interviewed in Dec 2024. There was 1 interview round.
(4 Questions)
- Q1. Are you comfortable with working the night shift?
- Ans.
Yes, I am comfortable working the night shift and can adapt my schedule to meet the needs of the team.
I have previously worked night shifts in my last role, which helped me develop strong time management skills.
I understand that working nights can sometimes lead to challenges, but I am committed to maintaining productivity.
I have strategies in place to ensure I stay alert and focused during night hours, such as regular...
- Q2. Can you describe your job role?
- Q3. What is your current Cost to Company (CTC)?
- Q4. What is 2 way match and 3 way match?
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Jul 2024. There was 1 interview round.
(2 Questions)
- Q1. Introducing yourself
- Q2. Generally HR question like current organization, current CTC, expected CTC?
Interview Preparation Tips
Selected
I applied via Naukri.com and was interviewed in Jul 2024. There were 3 interview rounds.
Arithmetic reasoning, logical thinking, and effective communication skills.
They provide a topic and ask that you speak for 5 to 10 minutes, or alternatively, you can choose your own topic and discuss it.
(3 Questions)
- Q1. Can you provide a self-introduction?
- Q2. Some general questions?
- Q3. Accounts related questions?
Selected
- Q1. What is the accounts payable ?
- Q2. Where can assign the vendor reconciliation account ?
- Ans.
Vendor reconciliation accounts are assigned in the accounting system to ensure accurate tracking of vendor transactions.
Assign in the ERP system under vendor master data settings.
Example: In SAP, use transaction code XK02 to edit vendor details.
Link to specific general ledger accounts for accurate reporting.
Example: Assign a reconciliation account for each vendor type, like 'Suppliers' or 'Contractors'.
Ensure proper ma...
- Q3. What is the P2P cycle?
- Q4. How many types of the golden rules?
- Ans.
There are three golden rules of accounting: Personal, Real, and Nominal accounts, guiding financial transactions.
1. Personal Account: Deals with individuals or entities. Example: Accounts receivable.
2. Real Account: Pertains to assets and liabilities. Example: Cash account.
3. Nominal Account: Relates to income and expenses. Example: Sales account.
Interview Preparation Tips
(2 Questions)
- Q1. Why there was so much Career gap
- Q2. 2 way 3 way match
(1 Question)
- Q1. Payment process
(1 Question)
- Q1. Notice period for u
(1 Question)
- Q1. Describe yourself
Interview Preparation Tips
- Q1. Can you explain briefly about your self?
- Ans.
Detail-oriented Accounts Payable Executive with 5 years of experience in managing invoices and vendor relationships efficiently.
Over 5 years of experience in accounts payable, ensuring timely processing of invoices.
Skilled in using accounting software like SAP and QuickBooks to streamline operations.
Successfully reduced invoice processing time by 20% through process improvements.
Strong communication skills, fostering p...
- Q2. What is your roles and responsibilities your precious company?
- Q3. Giving some examples about Accounts payable entries?
- Ans.
Accounts payable entries track money owed to suppliers for goods and services received.
Invoice Entry: Recording an invoice from a supplier for office supplies.
Payment Processing: Making a payment entry for a utility bill.
Accruals: Recognizing expenses for services received but not yet invoiced, like consulting fees.
Vendor Credits: Recording a credit note received from a vendor for returned goods.
- Q4. One assignment exam will be there,
Interview Preparation Tips
GOOD 15 min. Technical round
(1 Question)
- Q1. About your experience
Srilakshmi Kagithala
(1 Question)
- Q1. About accounts payable
(1 Question)
- Q1. Types of purchase order
- Ans.
Types of purchase orders include standard, blanket, contract, and planned.
Standard purchase order is used for one-time purchases
Blanket purchase order is used for recurring purchases over a period of time
Contract purchase order is used for long-term agreements with suppliers
Planned purchase order is used for future purchases based on forecasted requirements
(1 Question)
- Q1. Accounts payable process
(1 Question)
- Q1. Types of PO known to you
Genpact Interview FAQs
Some of the top questions asked at the Genpact Accounts Payable Executive interview -
The duration of Genpact Accounts Payable Executive interview process can vary, but typically it takes about less than 2 weeks to complete.
Tell us how to improve this page.
Genpact Interviews By Designations
- Genpact Process Associate Interview Questions
- Genpact Process Developer Interview Questions
- Genpact Management Trainee Interview Questions
- Genpact Assistant Manager Interview Questions
- Genpact Business Analyst Interview Questions
- Genpact Senior Associate Interview Questions
- Genpact Consultant Interview Questions
- Genpact Accountant Interview Questions
- Show more
Interview Questions for Popular Designations
Overall Interview Experience Rating
based on 36 interview experiences
Difficulty level
Duration
Interview Questions from Similar Companies
Genpact Accounts Payable Executive Reviews and Ratings
based on 78 reviews
Rating in categories
|
Process Developer
38.2k
salaries
|  ₹2.4 L/yr - ₹7.2 L/yr |
|
Process Associate
29.1k
salaries
| ₹1.8 L/yr - ₹4.9 L/yr |
|
Management Trainee
22.5k
salaries
| ₹4.2 L/yr - ₹9 L/yr |
|
Assistant Manager
21.4k
salaries
| ₹6 L/yr - ₹13.2 L/yr |
|
Manager
8.6k
salaries
| ₹11.1 L/yr - ₹19.3 L/yr |
Accenture
Capgemini
TCS
Cognizant
- Home >
- Interviews >
- Genpact Interview Questions
