Senior Accounts Associate

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Senior Accounts Associate

MetLife

Jaipur, Rajasthan

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17 hours agoFull–time

Position Summary

Perform a variety of Admin System Source Code reconciliation & Balance Sheet reconciliation functions to report financial information in an accurate and timely manner. Performing Balance Sheet Certification. Timely Follow-up with Source Code Owners / Product Owners to resolve variances / Exposures in the account. Timely Research in resolving the variances. Maintaining the various trackers used in the Process. Preparing Journal Entry for various Source Codes in accurate timely manner.

Job Responsibilities

• Analyze, Validate and Process transactions as per Desktop procedures (L3 & L4).

• Reconcile Admin System Reconciliation for various Source Codes on daily/weekly/monthly basis

• Research and resolution of various open items

• Timely Follow-up with Source-code contacts to resolve any outstanding issues in the account

• Perform various balance sheet accounts and perform Balance Sheet Certification

• Research and Resolution of Various exposures in the balance sheet accounts

• Follow-up with the Product owner/ Rec Owner for the resolution and action plan for the outstanding items

• Maintaining & Reporting the Exposure action plan and trending report and report it to Balance Sheet Certification team

• Handling QA review, internal Audit & external audit queries

• Maintaining the waiver forms for various LOBs

• Performing the requested monthly/quarterly Manual Journal Entry Process for various LOBs

• Prepare and maintain various reports within the process per client requirement

• Perform mid-month, month-end and quarter-end activities as per documented desktop procedures.

• Ensure that the assigned targets are met in accordance with SLA and Internal standards.

• Ensure that the quality of transaction is in compliance with predefined parameters as defined by Process Excellence.

• Ensure adherence to established attendance schedules.

• Comply with regulatory requirements in prioritizing and completing work assignments.

Any other essential function that may occur from time to time as directed by the Supervisor.

Knowledge, Skills and Abilities

Education

• Graduate in B.Com / Commerce / Business Administration with at least 15 years of education

Experience

• Minimum 12 months of work experience in a related field is required. Experience in Insurance organizations, Banks shall be preferred.

Knowledge and skills (general and technical)

• Good computer navigation skills

• Good keyboarding speed -Basic computer skills, (lotus notes, windows) keying – speed and accuracy

• Excellent communication skills

• Proficient in MS office functions like MS Excel, MS Word etc

• Knowledge of Insurance principles in relation to the US Insurance industry

• Basic accounting knowledge

• Knowledge about US Culture

• Understand & operate MetLife systems efficiently.

• Proficiency in English

• Communication skills – should be able to read, interpret business documents. Good oral/written communication

• Analytical and interpersonal skills

• Escalate issues if required

• Data gathering ability/ Eye for detail

• Teamwork/ Managing Self / Adaptability

• Ability to work successfully in production driven environment

• Adaptability to change

• Ability to work on routine/standardized transactions

Other Requirements (licenses, certifications, specialized training – if required)

Working Relationships

Internal Contacts

(and purpose of relationship):

• AM for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking feedback and support.

• Manager for the purpose of settling issues left unresolved by the AM and monthly evaluation of performance.

• Associate/Senior Associate Accountants for the purpose of seeking cooperation & clarification on process-related matters & providing assistance and support when required.

• Subject Matter Expert for the purpose of work thread related issues and escalated transactions.

• Trainers for the purpose of Pre-process and Process training.

External Contacts

(and purpose of relationship) – If Applicable

• Source Code Owners / Contacts for Admin System Reconciliations for any open items

• Various Product Owners and Rec Owners at state-side for PAB/ Policy Loan Process for Reconciliations / reports and open item follow-up

• State-Side SPOCs and MJE prepares in case of any issue in the MJE

• State-side touch points for various LOBs for any updates and Follow-up