Description:
About WTW
Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets.
We design and deliver solutions that manage risk, optimize perks, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance.
Together, we unlock potential.
Description
About Team
The Accounting and Settlement team is responsible for reviewing client accounts, preparing and issuing periodic statements, reconciling accounting entries, and ensuring accurate recording of receipts, payments, and journals.
It also ensure excellent account management through completion of all Account payable & receivable activities in agreed timelines and maintaining quality benchmarks along with adherence of group policies and process guidelines
Job Summary:
- The role involves resolving transaction discrepancies, managing uncorrelated cash, outstanding debts, and settling balances with clients, underwriters, and insurers.
- It also includes processing payments, reviewing bank statements, performing end-of-day reconciliations, and maintaining accurate financial records.
Principal Duties and Responsibilities
Operational Delivery
- Processing payment requests in compliance with financial policies and procedures
- Conduct reconciliation of incoming & outgoing statements for Clients/ Carriers and maintain up to date records on operating system
- Perform daily cash management duties, which includes posting of cash to the ledgers, conducting investigation and ensuring appropriate allocation of funds within agreed Service Level Agreement
- Prompt escalations of identified discrepancies to
📌 Accounting and Settlement (Mumbai)
🏢 WTW
📍 Mumbai