Specialist / Senior Specialist Accounts Payable

Location: Pune

What can you expect:

- The Accounts Payable is responsible for running day-to-day AP operations, ensuring controls/compliance, and guiding junior processors while partnering with Servicers, Requestors, and Finance.
- The role is expected to become an expert in accounts payable reporting systems and help drive reporting standardization and process efficiency.

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
- Review payment authorization request and approve or reject the request in Fiduciary system
- 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
- 3-7 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 workplace.
- 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

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit corporate.marsh.com, or follow us on LinkedIn and X. Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one anchor day per week on which their full team will be together in person.

📌 Senior Specialist-Account Payable (Pune)
🏢 Marsh Mclennan
📍 Pune