We will count on you to:

- Review the payment requisition report and highlight entries which need Accounting Ops Manager to review manually

- Ensure appropriate Business approvals & supporting information have been attached in case of sanction check scenario

- Review urgent payment request and corresponding details

- Conduct additional checks for third party payment requests and take appropriate actions as per Controllership / Compliance guidelines

- Review details and ensure appropriate approvals / information has been shared for payments being made before settlement due date or are being offset against due payable or will result in Marsh funding

- Send payment request for authorization once all required information has been obtained and relevant checks have been completed for requests which required manual review

- Receive payment confirmation details including transaction reference details and store report in DMS

- Send settlement advice details to the trading partner and store copy in DMS

- Perform checks to ensure the statement is unique (has not been processed previously) and identify entries to be excluded from the report for processing with reasons

- Review entries excluded for processing and take appropriate actions to resolve exception (For e.g. requesting Treasury to liaise with Banking partners if required)

- Review each individual cash entry and create credit advice (cash receipting voucher)

- Identify and assign the account ledger and the respective AO Staff Accountant for cash matching of each entry





- Review scenarios where ledger account code & cash matching technician has not been assigned and identify the appropriate ledger code / cash matching technician

- Mark entry as unidentified and post in unidentified cash ledger account where ledger code & cash matching technician remains unassigned

- Post cash in the respective ledgers for identified and assigned accounts

What you need to have:

- Any relevant Accounting degree

- 2-3 years of experience in accounting

- Prior experience in working in similar roles

- Excellent verbal and written communication skills.

- Strong attention to detail.

- Ability to show initiative and contribute to a continuous improvement environment.

- Proficiency in MS Office, including advanced Excel and PowerPoint.

- Active team player with the ability to work across geographies.

- Openness to new challenges and willingness to undertake additional responsibilities.

What makes you stand out:

- Prior working experience in Insurance Sector

- Prior experience in Accounts Payable

- Insurance certification from The Institutes, USA

- Post-Graduation/Certificate Courses in Insurance

- Any prior experience in any insurance process

Why join our team:

- We help you be your best through career development opportunities, interesting work and supportive leaders.

- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact on colleagues, clients and communities.

- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being

📌 Accounts Payable Associate (Pune)
🏢 Marsh Mclennan
📍 Pune