Accounts Assistant

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

This is a general accounting role in the European Financial control team based in our Indian based team of five people. The main focus will be assisting with our accounts payable team with the inventory and claim settlements process from receipt of large bordereaux data through to settling the final invoice to our vendors and booking in our ledger. There will also be involvement in other areas of the finance team such as assisting with balance sheet reconciliations and initiatives to automate aspects of the process and some claims loss ratio analysis. The role will deal in multiple markets and currencies around Europe.
You will be working within a dynamic finance team with lots of exciting projects and developments in a business which is growing rapidly.

**Key Responsibilities**:

- Assisting with reviewing claim and inventory data files with inputs from third party vendors to prepare payment amounts and initiate the payment process
- Assisting with preparation balance sheet reconciliations of inventory, claims paid and other insurance recoveries
- Monthly reconciliations to supplier statements
- Provide support for additional ad-hoc accounting duties to help the Finance team workload.
- Documentation, implementation and monitoring of accounting treatments and financial controls.

**Skill**:

- Attention to detail
- Accurate data entry skills
- Proficient in Excel
- Self-motivated
- Quick to learn
- Efficient
- Able to work under pressure and in a fast-moving environment

**Experience**:

- Some bookkeeping experience
- Experience of working with multi currencies, multiple suppliers and people across a complex business desirable
- NetSuite or relevant ERP software experience desirable

**Education**:

- B.Com Accounting or relevant degree.

4 year Bachelors Degree (preferred)

**Experience**:
Min 2 years experience in Accounting (preferred)

**Supervisory Responsibilities**:

- This job does not have supervisory duties.

**Education & Experience (in lieu)**:

- In lieu of the above education requirements, an equivalent combination of education and experience may be considered.

**Primary Skills**

Accounting, Accounts Payable Management, Chartered Accounting, Corporate Accounting, Financial Accounting, Financial Accounting Controls, Financial Controlling, Key Accounts, Preparation of Financial Reports

**Shift Time**

Shift B (India)

**Recruiter Info**

Diksha Prasad

**About Allstate**

Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. And one where you can impact the future for the greater good.

You’ll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we’ve proven that Allstate empowers everyone to lead, drive change and give back where they work and live.

**Good Hands. Greater Together.**

The Allstate Corporation is one of the largest publicly held insurance providers in the United States. Ranked No. 84 in the 2023 Fortune 500 list of the largest United States corporations by total revenue, The Allstate Corporation owns and operates 18 companies in the United States, Canada, Northern Ireland, and India. Allstate India Private Limited, also known as Allstate India, is a subsidiary of The Allstate Corporation. The India talent center was set up in 2012 and operates under the corporation's Good Hands promise. As it innovates operations and technology, Allstate India has evolved beyond its technology functions to be the critical strategic business services arm of the corporation. With offices in Bengaluru and Pune, the company offers expertise to the parent organization’s business areas including technology and innovation, accounting and imaging services, policy administration, transformation solution design and support services, transformation of property liability service design, global operations and integration, and training and transition.

Learn more about Allstate India here.