Job Description
About the job
Requirements
Description and Requirements
This position is responsible for a wide range of functions related to the handling Recons Suspense and Cash accounts, preparation of Reports and using various accounting. Prepare, process & review/approve manual journal entries based on the request received and reconcile the account to identify the variances and work for the resolution of the same, Lock box check processing, FCU reports. Should possess experience in handling end to end month end activities ranging from booking of accruals, processing payments through Wire etc.
Job Responsibilities
Preparation of monthly reconciliation reports for managers / directors
Produce weekly open item reports and review & approve monthly reconciliation statements
Prepare, process & review/approve manual journal entries based on the request received and reconcile the account to identify the variances and work for the resolution of the same, Lock box check processing, FCU reports
Manage the gathering of essential financial data from source systems and subsequent feed to reporting databases.
Ensure functioning of the reconciliation processes as per accounting principles.
Continuously review existing processes to identify and recommend improvement.
Propose and implement recommendations to improve efficiency, controls and accuracy of assignments.
Prepare the weekly, monthly, quarterly and year-end reporting.
Ensure that the quality of transaction is in compliance with predefined parameters as defined by Process Excellence.
Ensure adherence to established attendance schedules
Any other essential function that may occur from time to time as directed by the Supervisor
Education, Technical Skills & Other Critical Requirement
Bachelor’s degree in commerce or diploma with a minimum of 15 years of education
Minimum 2-4 Years of experience in Business Process Off-shoring, Financial Institutions, Insurance industry
Experience in handling end to end month end activities ranging from booking of accruals, processing payments through Wire etc.
Computer navigation skills
Excellent Keyboarding and data entry speed
Knowledge of Insurance principles in relation to the US Insurance industry is preferred
Knowledge about US Culture is preferred
Process Specific Skills:
Data entry skills
Coaching and Feedback skills
Ability to multi-task and handle high volumes of work in a fast-paced environment
Soft Skills (Mandatory):
Good written and oral communication skills
Strong understanding and comprehension of the English language
Good Analytical, problem-solving skills
Very High Detail Orientation
Ability to establish priorities and handle multiple assignments concurrently with minimal direction in an evolving, fast-paced work environment
Team player
Positive attitude
Requirements
Description and Requirements
This position is responsible for a wide range of functions related to the handling Recons Suspense and Cash accounts, preparation of Reports and using various accounting. Prepare, process & review/approve manual journal entries based on the request received and reconcile the account to identify the variances and work for the resolution of the same, Lock box check processing, FCU reports. Should possess experience in handling end to end month end activities ranging from booking of accruals, processing payments through Wire etc.
Job Responsibilities
Preparation of monthly reconciliation reports for managers / directors
Produce weekly open item reports and review & approve monthly reconciliation statements
Prepare, process & review/approve manual journal entries based on the request received and reconcile the account to identify the variances and work for the resolution of the same, Lock box check processing, FCU reports
Manage the gathering of essential financial data from source systems and subsequent feed to reporting databases.
Ensure functioning of the reconciliation processes as per accounting principles.
Continuously review existing processes to identify and recommend improvement.
Propose and implement recommendations to improve efficiency, controls and accuracy of assignments.
Prepare the weekly, monthly, quarterly and year-end reporting.
Ensure that the quality of transaction is in compliance with predefined parameters as defined by Process Excellence.
Ensure adherence to established attendance schedules
Any other essential function that may occur from time to time as directed by the Supervisor
Education, Technical Skills & Other Critical Requirement
Bachelor’s degree in commerce or diploma with a minimum of 15 years of education
Minimum 2-4 Years of experience in Business Process Off-shoring, Financial Institutions, Insurance industry
Experience in handling end to end month end activities ranging from booking of accruals, processing payments through Wire etc.
Computer navigation skills
Excellent Keyboarding and data entry speed
Knowledge of Insurance principles in relation to the US Insurance industry is preferred
Knowledge about US Culture is preferred
Process Specific Skills:
Data entry skills
Coaching and Feedback skills
Ability to multi-task and handle high volumes of work in a fast-paced environment
Soft Skills (Mandatory):
Good written and oral communication skills
Strong understanding and comprehension of the English language
Good Analytical, problem-solving skills
Very High Detail Orientation
Ability to establish priorities and handle multiple assignments concurrently with minimal direction in an evolving, fast-paced work environment
Team player
Positive attitude
💡 Quick Summary
Seeking a career-building opportunity? The Sr. Accounts Associate position is now open for candidates interested in the Finance sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Finance is a plus.
