Job Title : Financial Accountant

Location: BKC Bandra, Mumbai

Reporting To: Team Lead – General Accounting & Finance

About Munich Re

As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel. Together we embrace a culture where multiskilled teams dare to think big. We create the current and the different for our clients and cultivate innovation.

Does this sound like you? Push boundaries with us and be part of Munich Re.

JOB PURPOSE

This is a hands-on, operationally focused role responsible for the day-to-day financial activities of the India Branch. The individual in this role will be responsible for end-to-end accounts payable, cash management, bank reconciliation, statutory compliance and general ledger hygiene,



while continuously driving process automation and digital efficiency.

This role is critical to ensuring that all financial obligations—vendor payments, statutory dues, employee reimbursements and regulatory filings—are discharged accurately and on time, and that the organisation’s idle funds are optimally deployed to maximise interest income.

KEY RESPONSIBILITIES
Accounts Payable

Process vendor invoices end-to-end: receipt, verification, three-way matching, approval and payment release as per defined SLAs.

Ensure all payments are adequately supported by valid contracts, purchase orders, invoices and appropriate internal approvals.

Monitor the AP ageing dashboard and proactively resolve overdue or disputed invoices to prevent interest or penalty exposure.

Liaise with procurement and business teams for prompt invoice receipt and query resolution.

Reconcile vendor statements month

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