NAC Senior Advisor |Accounts Payable

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.

· Provide payment back-ups to the payee for application of funds.

· 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 2+ Years experience in Accounting/Financial Process preferable.

Job Types: Full-time, Regular / Permanent

Salary: ₹203,8+8.63 - ₹600,000.00 per year

Benefits:
• Health insurance
• Provident Fund
• Work from home

Schedule:
• Evening shift

Supplemental pay types:
• Performance bonus

Ability to commute/relocate:
• Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (Required)

Education:
• Bachelor's (Preferred)

Experience:
• total work: 3 years (Preferred)

Shift availability:
• Night Shift (Preferred