Financial Operations Specialist

2 weeks ago


Mumbai, Maharashtra, India Bayzat Full time
Unlock Your Potential in a Dynamic Finance Role

We are seeking a highly skilled Financial Operations Specialist to join our team at Bayzat, a leading employee benefits SaaS platform. As a key member of our finance team, you will play a crucial role in optimizing processes and supporting the growth of our portfolio.

About Us

Bayzat is one of the fastest growing startups in the MENA region, with a team of over 300 members from diverse nationalities. We were listed by Forbes as 'One of the most promising UAE-based startups' and are backed by world-leading VCs such as Mubadala and Point72 ventures. Our company culture is centered around principle-led, meritocratic values, and we prioritize inclusiveness and collaboration.

Your Responsibilities
  • Analyze customer outstanding statements to ensure timely payment
  • Reconcile and maintain customer accounts according to insurance company statements
  • Book and allocate payments received from clients
  • Manage cash flow adjustments for policies approaching expiry
  • Collaborate with Operations teams on invoicing, reconciliations, and payment allocation
  • Coordinate with Account Management and clients on finance-related requests and tasks
  • Ensure timely payment of premiums by clients to insurance companies
  • Report unallocated receipts to insurance companies and negotiate deadlines
  • Contribute to process automation and team projects
  • Assist in preparing quarterly and annual audits
Your Qualifications
  • 1-2 years' experience in the insurance industry
  • 1-2 years' experience in a customer-facing role
  • Excellent verbal and written communication skills
  • Critical thinking skills to break down complex problems
  • Proficiency in Excel and accounting tools
  • Organized approach to work and attention to detail
  • Accountability and ability to meet deadlines
  • Team player with experience working remotely
What's in it for You?

Bayzat offers a dynamic work environment with opportunities for growth, flexibility, and inclusiveness. As a member of our team, you can expect:

  • Fast-track growth opportunities for high achievers
  • Remote and flexible working setups
  • A culture that encourages authenticity and collaboration
  • Share ownership opportunities through ESOP programs
  • State-of-the-art offices in UAE, Turkey, Saudi, and India

We offer a competitive salary range of $50,000 - $70,000 per annum, depending on experience and qualifications. If you're a motivated and results-driven individual looking to take your career to the next level, apply now to join our team



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