Job Summary

This is an entry-level position within the accounts receivables team, responsible for performing routine accounting transactions accurately and efficiently. The Associate works under close supervision, supporting the team by handling day-to-day transactional requests and assisting with process documentation and compliance adherence.

Key Responsibilities

- Process depository transactions including cash application, lockbox receipts, suspense account transactions, and account maintenance activities within by following established Standard Operating Procedures (SOPs)

- Review daily deposit activity and identify unmatched, unapplied, or outstanding cash transactions.

- Support remittance processing and accurate allocation of incoming premium and customer payments.

- Adhere to established procedures, internal controls, compliance requirements, and audit standards.





- Maintain accurate records of customer interactions, payment transactions, and deposit activities.

- Monitor unapplied cash, short payments, unidentified deposits, and suspense account balances.

- Escalate unresolved issues and exceptions within established timelines.

- Maintain process documentation, audit trails, and supporting records.

Education

- Bachelors degree in Commerce, Accounting, Finance, or related discipline

Experience

- Fresher or

Supervisory Responsibilities

- This job does not have supervisory duties.

Education Experience (in lieu)

- In lieu of the above education requirements, an equivalent combination of education and experience may be considered.

Primary Skills

- Account Reconciliations

📌 Reconciliations Associate III (Pune)
🏢 Allstate India Private
📍 Pune