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Benefits & Perks
•Healthcare
•401(k)
•Flexible Hours
•Learning Budget
•Healthcare
•401k
•Flexible Hours
•Learning
Required Skills
Invoice processing
Payment authorization
Ledger reconciliation
Collections
Reporting
Audit compliance
Excel
About Vanguard Founded in 1975, Vanguard is one of the world's leading investment management companies. The firm offers investments, advice, and retirement services to tens of millions of individual investors around the globe-directly, through workplace plans, and through financial intermediaries.
Vanguard's India Office:
Vanguard's office in India is a significant milestone in our global expansion. We are committed to establishing an enduring technology center in Hyderabad, Telangana and are excited to be adding talent who will focus on Artificial Intelligence (AI), mobile, and cloud-based technologies that drive our business outcomes and deliver a world-class experience for our clients.
Role Summary:
This role leads day-to-day process and invoicing cycles and serves as a subject matter expert for the team. This role also ensures compliance and accuracy across accounts payable and receivable operations by supporting payment processing, reconciliation, and reporting.
- Core Responsibilities
- Leads the invoicing cycles for assigned business lines. Acts as primary liaison with internal clients for advanced invoice inquiries, and communicates timelines and resolutions as needed.
- Performs system and peer quality audits of the invoice process for accuracy, compliance and completeness. Maintains audit metrics for the team and is responsible for reviewing with manager monthly. May complete other audits as necessary.
- Partners with the business design billing solutions for complex fee agreements and to identify and resolve related issues.
- Recommend system and process enhancements, and tests elevations as needed.
- Leads the receivable collections from aligned business lines as necessary.
- Generates and distributes management reporting according to established procedures/deadlines.
- Verifies invoices by comparing charges to purchase orders and confirming receipt of goods/services and purchase approvals.
- Processes and authorizes payments in alignment with internal controls and timelines.
- Reconciles accounts payable ledgers to validate transactions, detect discrepancies, and ensure timely payments.
- Supports accounts receivable functions including invoice generation, customer credit validation, and cash application.
- Conducts receivables aging analysis and prepares periodic reporting for outstanding balances.
- Participates in special projects and performs other duties as assigned.
Qualifications:
- Minimum 2 years of experience in accounts payable, receivable, or finance operations.
- Bachelor's degree in finance, Accounting, Business Administration, or related field preferred.
- Good to have skills in invoice processing, payment authorization, ledger reconciliation, collections, reporting, and audit compliance.
- Familiarity with ERP systems (e.g., SAP, Oracle, Workday), intermediate to advanced Excel skills, and understanding of financial controls and billing processes.
- Strong attention to detail, analytical mindset, and ability to prioritize work in a deadline-driven environment.
- Preferred certifications include Certified Accounts Payable Associate (CAPA), Certified Bookkeeper, or related financial operations credentials.
- Ability to work cross-functionally, communicate effectively, and resolve issues independently while maintaining accuracy and compliance.
Location
This role is based in Hyderabad, Telangana at Vanguard's India office. Only qualified external applicants will be considered.
Our mission
Vanguard adheres to a simple purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.
Our commitment to you
Vanguard takes the same long-term view of your success-at work and in life-with Benefits and Rewards packages that reflect what you care about, throughout all the phases and stages of your life. Our Total Rewards programs provide you and your loved ones with wellness support for key areas in your life:
Financial wellness We're committed to enabling your financial success and provide competitive offers and programs.
Physical wellness We're committed to providing benefits that support your physical health and wellness.
Personal wellness We're committed to providing resources that help support the full scope of your life.
How we work
Vanguard has implemented a hybrid working model for most of our employees (crew members), designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.
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About Vanguard
Reviews
3.4
3 reviews
Work Life Balance
2.5
Compensation
3.2
Culture
2.8
Career
3.5
Management
3.0
45%
Recommend to a Friend
Pros
Competitive compensation package with bonuses
Good foundation for career development
Interesting programs aligned with education
Cons
Long commute requirements (2.5 hours)
Mandatory on-site presence multiple days
Pay below industry standards
Salary Ranges
1,532 data points
Junior/L3
Mid/L4
Senior/L5
Junior/L3 · Processing Associate
135 reports
$57,471
total / year
Base
$53,433
Stock
-
Bonus
$4,038
$45,260
$73,912
Interview Experience
3 interviews
Difficulty
3.0
/ 5
Duration
14-28 weeks
Interview Process
1
Application Review
2
Recruiter/HR Phone Screen
3
Technical/Case Study Round
4
Final Round Interview
5
Offer
Common Questions
Behavioral/STAR
Technical Knowledge
Case Study
Past Experience
Culture Fit
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