Senior Accounting Specialist
4 weeks ago
Role Overview
Job Title: Senior Accounting Analyst
Location: Mumbai, India
Marsh McLennan Global Services India Private Limited (MMGS) seeks a skilled Senior Accounting Analyst to join our team. The successful candidate will be responsible for managing accounts payable processes, ensuring accurate and timely payments, and maintaining a high level of quality in our financial operations.
Key Responsibilities:
- Review payment requisition reports and highlight entries requiring manual review
- Ensure appropriate business approvals and supporting information are attached in sanction check scenarios
- Review urgent payment requests and corresponding details
- Conduct additional checks for third-party payment requests and take appropriate actions in accordance with Controllership/Compliance guidelines
- Review details and ensure appropriate approvals/information is shared for payments made before the settlement due date or are being offset against due payables or will result in Marsh funding
- Send payment requests for authorization once all required information is obtained and relevant checks are completed for requests requiring manual review
- Review payment authorization requests and approve or reject the request in the Fiduciary system
Additional Responsibilities:
- Receive payment confirmation details, including transaction reference details, and store the report in the Document Management System (DMS)
- Send settlement advice details to the trading partner and store a copy in the DMS
- Perform checks to ensure the statement is unique (has not been processed previously) and identify entries to be excluded from the report for processing with reasons
- Review entries excluded from processing and take appropriate actions to resolve exceptions (e.g., requesting Treasury to liaise with Banking partners if required)
- Review each individual cash entry and create a credit advice (cash receipting voucher)
- Identify and assign the account ledger and the respective AO Staff Accountant for cash matching of each entry
- Review scenarios where ledger account code and cash matching technician have not been assigned and identify the appropriate ledger code/cash matching technician
- Mark entry as unidentified and post in the unidentified cash ledger account where ledger code and cash matching technician remain unassigned
- Post cash in the respective ledgers for identified and assigned accounts
What We Offer:
- A competitive salary
- Employee-friendly policies
- Healthcare and insurance for you and your dependents
- A healthy work-life balance
- A great working environment
- Flexible benefits packages to suit your needs and lifestyle
- Future career opportunities across a global organization
Requirements:
- Any relevant accounting degree
- 1-2 years of experience in accounting
- Prior experience in working in similar roles
What Makes You Stand Out:
- Prior working experience in the insurance sector
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