Financial Systems Specialist

4 days ago

Solapur, Maharashtra, India beBeeFinance Full time ₹ 20,00,000 - ₹ 25,00,000

At specialist insurance consulting and technology firm, we are a global leader in transformation programmes.

We are looking for finance specialists with strong experience in insurance finance systems and cash management to support large-scale transformation projects.

  • This role will focus on validating end-to-end financial processes, with a strong emphasis on penny testing, subledger reconciliation, and cash lifecycle testing.
  • Work closely with Finance, Actuarial, and Technology teams to ensure the integrity of financial data and compliance with industry standards throughout the project.

Key responsibilities include:

  • Developing and executing test cases for insurance-specific finance processes, including penny testing, subledger and GL reconciliation, bank statement matching, and treasury payments.
  • Testing integrations between policy administration systems, claims systems, and the finance subledger to ensure end-to-end process accuracy.
  • Validating IFRS/UK GAAP postings and confirming accounting rules are correctly applied for premiums, claims, and reinsurance.
  • Performing data validation for high-volume insurance transactions and ensuring data integrity across multiple source systems.

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