13 Aug
|
Ryan Specialty
|
Mumbai
13 Aug
Ryan Specialty
Mumbai
Position Summary:
The Accounts Payable Coordinator supports the timely and accurate processing of supplier invoices, payments, and expense transactions for an insurance organisation operating from an offshore facility. This role plays a key part in maintaining strong financial controls, ensuring compliance with insurance specific procurement and claims related payment processes, and providing exceptional service to internal stakeholders and external vendors. The position supports the Accounts Payable Manager in delivering high quality AP operations while contributing to a strong control setting.
Location:
Mumbai - India
What will your job entail?
Key Responsibilities:
Invoice Processing & Validation
- Process supplier invoices, claims-related vendor invoices, broker fees, TPA invoices, and other insurance service provider charges.
- Validate invoice accuracy including policy references, claim numbers, purchase orders, contract terms, and tax details (GST, TDS, etc.).
- Match invoices to policies, vendor agreements, or claims instructions as required.
- Ensure all invoices meet internal approval and documentation requirements before posting.
Vendor & Stakeholder Management
- Respond to vendor inquiries and resolve discrepancies relating to invoices, payments, and remittances.
- Work closely with underwriting, claims handlers, operations, and procurement teams to obtain approvals and clarify charges.
- Reconcile vendor statements, identifying missing invoices or outstanding balances.
Payment Processing & Controls
- Support weekly, monthly, and ad-hoc payment batches, including claims settlement runs and service-provider payments.
- Verify banking details, ensure correct coding, and maintain compliance with internal control requirements.
- Ensure timely payment execution to maintain strong vendor and partner relationships.
Reconciliations & Month-End Support
- Assist with AP-related balance sheet reconciliations, including accounts payable, accrued liabilitie
📌 Accounts Payable Coordinator (Mumbai)
🏢 Ryan Specialty
📍 Mumbai