Financial Services Specialist

3 days ago

Madurai, Tamil Nadu, India beBeeFinance Full time ₹ 12,00,000 - ₹ 18,00,000
Job Opportunity

We are seeking a skilled Finance Tester with experience in insurance finance systems and cash management. The successful candidate will support a large-scale transformation programme by validating end-to-end financial processes.

The role focuses on validating transactions, subledger reconciliation, and cash lifecycle testing. You will work closely with Finance, Actuarial, and Technology teams to ensure the integrity of financial data and compliance with industry standards throughout the programme.

Key responsibilities include:

  • Develop and execute test cases for insurance-specific finance processes, including penny testing, subledger and GL reconciliation, bank statement matching, and treasury payments.
  • Test integrations between policy administration systems, claims systems, and the finance subledger to ensure end-to-end process accuracy.
  • Validate IFRS/UK GAAP postings and confirm accounting rules are correctly applied for premiums, claims, and reinsurance.
  • Perform data validation for high-volume insurance transactions and ensure data integrity across multiple source systems.
  • Log, track, and retest defects in JIRA (or similar tool), collaborating with IT and finance teams to resolve issues quickly and provide detailed defect evidence and impact assessment.
  • Support business users during UAT by providing guidance, preparing test evidence, and facilitating issue resolution.

Essential qualifications:

  • 3+ years' experience in finance/ERP testing within the insurance or financial services sector.
  • Hands-on experience with penny testing, reconciliations, and cash management workflows.
  • Good understanding of insurance finance flows, including premiums, claims, reinsurance, and bordereaux processing.
  • Knowledge of subledger posting logic, chart of accounts, and financial controls.
  • Strong Excel skills for reconciliation and data validation.

Preferred qualifications:

  • Experience with Workday Financials, SAP, Oracle Financials, or other insurance finance platforms.
  • Familiarity with policy administration systems and claims systems.
  • ISTQB or similar testing certification.

Qualifications

  • Bachelor's degree in Finance, Accounting, or IT (or equivalent experience).
  • Strong communication and stakeholder management skills, with the ability to bridge the gap between finance and IT teams.

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