Mt-otc

4 weeks ago

Gurgaon, India Genpact Full time

With a startup spirit and 115,000+ curious and courageous minds, we have the expertise to go deep with the world’s biggest brands—and we have fun doing it. We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We’re harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people. Now, we’re calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing., People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower. Welcome to the relentless pursuit of better._

**_ _**
- In this role, you will be responsible to Work closely with and within Property & Casualty Insurance Finance operations management team._
- Responsibilities_
- _Daily Liquidity management for cash funding_
- _IC loan, G&A and capital contribution settlement with other platforms_
- _Actual cash analysis on platform and consolidation on group level_
- _Counter party risk management for platform and group_
- _Preference share dividend Interest payment and booking of long term debt_
- _Corporate credit card booking and reconciliation from cash side._
- _Review collection reports to determine the status of collections and balances outstanding to ensure compliance with the Credit & Collection policy._
- _Daily bank transaction download to update cash log file and allocate them as per details_
- _Post documentation receipt further assess status of KYC refresh as per ‘gap’ letter and further coordinate for missing documents_
- _Review claims workflow for claim payment processing_
- _Booking claims payment including proportional claims_
- _Premium and claims matching in system_
- _Non-claims payment and booking as provided by other department_
- _Review journal entry and posting in system_
- _Payments authorization on bank website as first approver_
- _Age receivables including follow-up comments on outstanding premium_
- _Unmatched & unallocated premium initial follow-up with broker and underwriters_
- _Bank reconciliation for all bank accounts._
- _Connect with account payable and account receivable teams for open items._
- _Show open items in summary sheet with follow-up comments_
- _Discussion with department head on current year expense forecast and next year planning_
- _Creation of planning template for 30 cost center based on gathered information_
- _Monthly follow-up meeting with department heads (DH) on future changes_
- _Encouraging information in group planning template and send to group planning team for review_
- _Seek and make changes as per group planning team_
- _MI expense template update on quarterly basis_
- _Provide commentary on variances for QTD and YTD numbers_
- _Circulation of plan vs actual expense report to DH_
- _Seek queries send by DH_
- _Maintain and update employee benefit allowance tracker_
- Qualifications we seek in you_
- Minimum Qualification_
- _B.Com Graduate_
- Preferred Qualification_
- _Strong Cash operations knowledge in Credit Control, Treasury & bank Reconciliation and FP&A_
- _Advanced user of Excel_
- _Ability to act on own initiative_
- _Must demonstrate a high level of self-motivation, energy and flexibility_
- _Ability to handle multifaceted volumes of workloads and to reach targets and deadlines on a timely basis_
- _Innovative and always looking for continuous improvement in order to develop succession plan for staff_
- _Good communication skills, interpersonal, verbal and written communication skills (in English)_
- _Exercises good judgement on day to day business problems and provides recommendations for solving course correction_

**_
Job_**_Management Trainee_

**_ Primary Location_**_India-Gurugram_

**_ Schedule_**_Full-time_

**_ Education Level_**_Bachelor's / Graduation / Equivalent_

**_ Job Posting_**_Jul 24, 2023, 9:40:33 AM_

**_ Unposting Date_**_Ongoing_
- Master Skills List_Operations_
- Job Category_Full Time_

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