Accounts Receivable

2 months ago


Mumbai, India PeopleStrong Full time

**Principal Duties/Responsibilities**
- Allocation of funds (EFT or Cheque) received from Client, broker or insurance company by researching relevant payment information received
- Booking of commissions against relevant client/policy in the system on basis of documentation received from Insurance companies.
- Timely clearance of return commissions to Insurance companies to avoid any potential penalties
- Liaise with Client managers and Insurance companies for resolving discrepancies and unallocated cash
- Timely and effective responses to all queries, requests, corrections, etc. received from field offices/insurance companies.
- Bi-weekly review of open ledgers and perform write-offs, offsets, etc. as per the accounting guidelines
- Following Procedures, Client / Insurance Companies specifications and adherence of all statutory requirements.
- Ensure ongoing, effective relationships with all stakeholders (Internal/external).
- Maintain Quality and Timelines standards.

**Salary**: ₹200,000.00 - ₹400,000.00 per year

**Benefits**:

- Health insurance
- Paid sick time

Schedule:

- Evening shift
- Monday to Friday

Supplemental pay types:

- Yearly bonus

Ability to commute/relocate:

- Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (required)

**Experience**:

- total work: 2 years (preferred)

Expected Start Date: 01/05/2023
- Health insurance


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