Arch Capital Group Ltd. (Arch) is a leading global insurer with operations in more than a dozen countries. We write insurance, reinsurance and mortgage insurance on a worldwide basis, and our customers value us as an innovative partner and dependable risk manager with decades of fresh ideas and solid results. Part of the S&P; 500, Arch has the size and capital position to remain a market-leading specialty insurer.
About Global Services India
Arch Global Services India is the newest part of Arch Capital. Our new center will enable us to further scale our capabilities, drive innovation and enhance operational efficiency. At Arch Global Services India, we collaborate with teams across the globe to develop and implement solutions that deliver exceptional results for our clients worldwide.
Accounts Executive (India)
Job Title:
- Accounts Executive
Function
- Finance
Location
- Trivandrum
Level:
- Mid-Level
Employment Type:
- Permanent
Role Purpose:
The Accounts Executive is responsible for day-to-day accounting and financial operations of the organization. The role involves maintaining accounting records, processing transactions, assisting with reconciliations, supporting month-end close activities, and ensuring compliance with accounting policies and statutory requirements.
Key Responsibilities:
General Accounting:
- Record and maintain financial transactions in the accounting system.
- Prepare and post journal entries with supporting documentation.
- Assist in maintaining general ledger accounts and sub-ledgers.
- Ensure accurate and timely recording of business transactions. Confidential Information
Bank Reconciliations & Controls:
- Perform bank reconciliations on a periodic basis.
- Reconcile balance sheet accounts and investigate discrepancies.
- Maintain supporting schedules for key accounts.
Process Improvement & Controls:
- Maintain accounting records, invoices, and supporting documents.
- Assist with statutory audits, tax filings, and regulatory compliance requirements.
- Ensure adherence to company policies and accounting procedures.
Qualifications:
Education:
- Bachelor’s degree in accounting, Finance, Commerce, or related field
- CMA (US) preferred.
Experience:
- 4 to 5 years of experience in accounting and financial reporting in a multinational workplace. Strong working knowledge of Indian Accounting Standards and US GAAP, including experience preparing or reviewing financial statements under multiple reporting frameworks
- Hands-on experience in GL reconciliations and month-close activities.
Technical Skills:
Strong knowledge of:
- Month close activities
- Indian Laws for Business
- Proficient in ERP systems, preferably Workday
- Advanced Excel and financial analysis skills.
Behavioral Competencies:
- Strong analytical and problem-solving skills.
- High attention to detail and accuracy. Confidential Information
- Ability to manage multiple deadlines.
- Strong stakeholder management and communication skills.