Senior Analyst - Finance & Accounting

Overview

Senior Analyst role in Finance and Accounting at Marsh McLennan, handling payment requisition review, payment authorization, and cash receipting and matching.

What you'll do

• Review the payment requisition report and highlight entries that need manual review by the Accounting Ops Manager.
• Ensure appropriate business approvals and supporting information are attached in case of a sanction check scenario.
• Review urgent payment requests and corresponding details.
• Conduct additional checks for third party payment requests and take appropriate actions as per Controllership / Compliance guidelines.
• Review details and ensure appropriate approvals and information have been shared for payments made before settlement due date, offset against due payable, or resulting in Marsh funding.
• Send payment requests for authorization once all required information has been obtained and checks completed for requests requiring manual review.
• Review payment authorization requests and approve or reject them in the Fiduciary system.
• Receive payment confirmation details including transaction reference details and store the report in DMS.
• Send settlement advice details to the trading partner and store a copy in DMS.
• Perform checks to ensure the statement is unique (not previously processed) and identify entries to be excluded from the report, with reasons.
• Review excluded entries and take appropriate actions to resolve exceptions (e.g. requesting Treasury to liaise with banking partners if required).
• Review each individual cash entry and create credit advice (cash receipting voucher).
• Identify and assign the account ledger and the respective AO Staff Accountant for cash matching of each entry.
• Review scenarios where ledger account code and cash matching technician have not been assigned and identify the appropriate ledger code or cash matching technician.
• Mark entries as unidentified and post in the unidentified cash ledger account where ledger code and cash matching technician remain unassigned.
• Post cash in the respective ledgers for identified and assigned accounts.

Details

• Location: Pune - Business Bay.
• Marsh is committed to hybrid work: colleagues are expected to be in their local office or working onsite with clients at least three days per week, with office-based teams identifying one anchor day per week for the full team to be together in person.