At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.
Job Description
Job Description Summary
This is an entry-level role within the EFS operations team, focused on handling Accounts Payable (AP) and Accounts Receivable (AR) tasks. The Associate is responsible for accurately processing transactions, validating inputs, and supporting exception handling under close supervision. This position builds foundational skills in financial controls and compliance in AP/AR functions.
Key Responsibilities
• Accurately complete accounting transactions such as invoice entry, payment processing, cash application and journal entries in line with standard operating procedures (SOPs)
• Support escheatment, payment refunds,
charge-off and return handling processes.
• Respond to internal and external inquiries related to payments, refunds, and account balances within agreed timelines.
• Maintain accurate and up-to-date documentation of transactions and process steps for audit readiness.
• Develop foundational understanding of regulatory compliance, including SOX controls, and participate in basic compliance activities.
• Collaborate with trainers, consultants, and team leaders to build process expertise.
• Participate in ongoing process trainings
Required Knowledge/Skills/Abilities
• Basic knowledge of accounting principles and processes (AP, & AR).
• Robust attention to detail and ability to follow instructions.
• Good communication and organizational skills.
• Time management skills and ability to prioritize tasks.
• Positive attitude and eagerness to learn and develop accounting skills.
• Ability to work collabora
📌 Reconciliations Associate III (Pune)
🏢 Allstate
📍 Pune