Financial Services Specialist

1 day ago

Mangalore, Karnataka, India beBeeFinance Full time ₹ 20,00,000 - ₹ 30,00,000

Company Overview

A specialist insurance consulting and technology firm supports global insurers, reinsurers, MGAs, and Lloyd's syndicates in unlocking value through actuarial expertise, underwriting transformation, and data-driven innovation.

We combine deep domain knowledge with modern technology to meet clients' needs and scale with them. Operating globally, we offer a hybrid delivery model with a focus on quality, impact, and client success.

Job Description

We are seeking an experienced Finance Tester to support a large-scale transformation programme. The role will focus on validating end-to-end financial processes, with a strong emphasis on penny testing, subledger reconciliation, and cash lifecycle testing (bank statement matching, AR/AP, treasury payments).

The successful candidate will work closely with Finance, Actuarial, and Technology teams to ensure the integrity of financial data and compliance with industry standards throughout the programme.

Main Responsibilities

  • Develop and execute test cases for insurance-specific finance processes, including penny testing (validating transactions down to the pence/cent level), subledger and GL reconciliation (verifying postings from policy admin, claims, and reinsurance systems), bank statement matching (ensuring correct cash allocation to policies, claims, and premiums), and treasury payments (testing outward payments, credit control, and cash application).
  • 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, including actuarial and exposure management inputs.
  • 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.
  • Communicate test progress, risks, and issues effectively to project managers, business stakeholders, and leadership teams.

Requirements

  • At least 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: 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.

Benefits

  • Familiarity with Workday Financials, SAP, Oracle Financials, or other insurance finance platforms.
  • Experience with policy administration systems and claims systems (e.g., Guidewire, Sapiens).
  • 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.

  • Financial Operations Specialist

    6 days ago

    Mangalore, Karnataka, India beBeeFinance Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

    Financial Operations SpecialistThe role of Financial Operations Specialist involves overseeing daily financial activities, including budgeting, forecasting, and financial analysis. Responsibilities include managing cash flow, ensuring compliance with financial regulations, and conducting financial audits.This position requires strong analytical and...

  • Financial Services Specialist

    8 hours ago

    Mangalore, Karnataka, India beBeeFinancialAnalyst Full time ₹ 75,00,000 - ₹ 1,50,00,000

    Our organization is looking for an experienced professional to fill the role of Senior Associate. The ideal candidate will have strong analytical skills and a background in financial services.The key responsibilities of this position include updating portfolio details for various private equity funds, preparing customized investor reporting templates,...

  • Financial Services Specialist

    1 day ago

    Mangalore, Karnataka, India beBeeBusiness Full time ₹ 75,00,000 - ₹ 1,12,00,000

    About us, we are a professional services firm (PSF) focused on providing business consulting, digital transformation, taxation and accounting services. Our main business purpose is to strengthen American businesses.We serve direct clients and over 4000 CPA firms. We have offices in Austin, Boston, Chicago, Indianapolis, New York, Irvine, Sacramento and...

  • Financial Services Growth Specialist

    12 hours ago

    Mangalore, Karnataka, India beBeeWealth Full time ₹ 60,00,000 - ₹ 2,00,00,000

    Business Development Manager Job Overview">We are seeking a skilled Business Development Manager to join our team at Premier Consultants Recruitment Company.This role is perfect for individuals passionate about Financial Services and looking to take their career to the next level.The ideal candidate will have experience in financial services, specifically in...

  • Financial Operations Specialist

    2 days ago

    Mangalore, Karnataka, India beBeeAccountant Full time ₹ 5,00,000 - ₹ 6,00,000

    Job Profile: Financial Operations SpecialistWe are seeking an accomplished Financial Operations Specialist with in-depth knowledge of SAP FICO and T-Codes. The ideal candidate should be adept at handling financial transactions, possess excellent analytical and communication skills, and demonstrate a willingness to relocate for project sites across India.Key...

  • Financial Operations Specialist

    3 days ago

    Mangalore, Karnataka, India beBeeFinance Full time ₹ 40,50,000 - ₹ 54,00,000

    Job Title: Financial Operations SpecialistWe are seeking a detail-oriented and analytical professional to support our finance operations team.This role offers exposure to international clients, combining core accounting responsibilities with operational and financial performance analytics.The successful candidate will have strong proficiency in MS Excel and...

  • Financial Services Audit Expert

    12 hours ago

    Mangalore, Karnataka, India beBeeAudit Full time ₹ 15,00,000 - ₹ 25,00,000

    About the Role:We seek a skilled audit professional with 3–5 years of experience conducting audits under International Financial Reporting Standards (IFRS), focusing on Brokers, Forex, and Financial Instruments sectors.Key Responsibilities:Lead or support IFRS-based audits for clients in Brokers, Forex, and Financial Instruments industries.Analyze...

  • Financial Services Accountant

    3 days ago

    Mangalore, Karnataka, India beBeeAccountant Full time ₹ 45,00,000 - ₹ 75,00,000

    Job Title: Accountant for Financial Services">About the Role: We are seeking an experienced accountant to join our financial services team. As a key member of the team, you will be responsible for managing daily accounting entries, including invoices, receipts, payments, and expenses.">Key Responsibilities:Record daily accounting entries in Zoho Books...

  • Senior Financial Operations Specialist

    1 day ago

    Mangalore, Karnataka, India beBeeFinancialOperations Full time ₹ 8,00,000 - ₹ 10,00,000

    Job Title: Financial Operations SpecialistWe are seeking a seasoned finance professional to join our team as a Financial Operations Specialist. This is an exciting opportunity for someone who wants to strengthen financial operations, ensure compliance, and support data-driven decision-making.The ideal candidate will have hands-on experience in end-to-end...

  • Financial Systems Management Specialist

    2 days ago

    Mangalore, Karnataka, India beBeeExpertise Full time ₹ 15,00,000 - ₹ 20,00,000

    Job Opportunity: SAP FSCM Treasury and Risk Management SpecialistAbout the Role:We are seeking a seasoned specialist to join our team in implementing and managing SAP FSCM Treasury and Risk Management. The ideal candidate will possess expertise in ensuring optimal performance of financial applications and systems.Key Responsibilities:Independently perform...