Us Nac

2 weeks ago

Mumbai, India WTW Full time

**Role**

Payable Accountant

**Designation**

Advisor/ Senior Advisor

**Business Unit**

National Accounting Center (NAC)

**Shift Timings**

Evening (6:30 PM to 3.30 AM)

**Location**

Vikhroli

**Reporting to**

Business Support Team Supervisor/Assistant Manager

**Job Summary**

Ensure all the premiums received from the clients are paid out to the Carriers.

Reconcile the carrier statements & resolves discrepancies.

**Principal Duties/Responsibilities**
- Review ledgers to identify items payable to Carriers/Clients/Sub Brokers and other entities.
- Reconcile Carrier statement with WTW books of accounts.
- Liaise with client managers and carriers for payment issues, reconciliation discrepancies and unallocated cash.
- Review of open ledgers and perform small balance write-offs, offsets, etc. as per the accounting guidelines
- Handling clearance of uncashed /uncleared checks.
- Timely and effective responses to all queries, requests, corrections, etc. received from field offices/carriers in centralized agency mailboxes.
- Handling Intercompany Reconciliation by liaising with field offices and other WTW locations.
- Following SOPs, Client / Carrier specifications and adherence of all statutory requirements.
- Participate and contribute in potential process improvement areas.
- Ensure ongoing, effective relationships with stakeholders (Internal/external).
- Deliver as per defined KPI's for the role - Maintain Quality and Turnaround standards.
- Understanding of upstream and downstream processes.

**Top 5 Competencies**
- Business Communication
- Analytical Skills
- Creative and Logical Thinking
- Eye for detail
- Time management

**Required Qualifications, Skills, Knowledge, Experience**

**Qualifications**:Graduate/Post Graduate

**Skills**:

- Good verbal and written communication skills.
- Eye for detail due to great amount of financial information.
- Energetic, enthusiastic individuals.
- Logical thinking skillset is a must.
- Ability to learn new processes and systems, also should have the ability to adapt to changes.
- Ability to prioritize and organize tasks, work within stiff timelines.
- Ability to work independently and as part of a team.
- Ability to work under pressure and meet tight deadlines.

**Knowledge**:

- Good understanding of Accounting & Insurance Principles.
- Good understanding and knowledge of MS office (Especially MS Excel).

**Experience**:

- Minimum 1 Year experience in Accounting/Financial Process/Billing/Payable/Receivable preferable.

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