Specialist - Finance & Accounting

Overview

Specialist role in Finance & Accounting at Marsh McLennan, managing end-to-end cash application for complex accounts in Pune.

What you'll do

• Own end-to-end cash application for complex, high-volume, or strategic client accounts across multiple payment types (wire, ACH, lockbox, cheques).
• Post cash receipts (wire transfers, ACH, cheques, lockbox) accurately in ERP.
• Investigate and resolve aged unapplied cash, short payments, cross-currency and matching exceptions within agreed SLAs.
• Support month-end and quarter-end close activities including AR subledger reconciliation and variance commentary.
• Ensure audit-ready documentation and adherence to SOX, internal controls and standard operating procedures.
• Prepare and review daily/weekly cash application dashboards and aging reports for Manager review.
• Leverage tools such as Power BI, Power Automate, or Excel macros to improve reporting efficiency.
• Act as first point of escalation for junior analysts on posting exceptions, ERP queries, and client-specific complexities.
• Contribute to SOP development, updates, and knowledge base maintenance.
• Train and onboard new team members on SOPs, ERP workflows, and client processes.
• Provide backup coverage and redistribute workload during team member absences to ensure uninterrupted SLA delivery.
• Support Manager in daily queue management and productivity monitoring.
• Step in as the operational lead for the Cash Applications team when the Team Lead or Deputy Manager is unavailable.
• Participate in ERP upgrades, system migrations, and process automation rollouts.
• Collaborate with upstream and downstream teams to resolve interdependencies.
• Participate in process improvement initiatives as directed.

What you'll need

• Any relevant accounting degree.
• 5-8 years of experience in accounting.
• Prior experience in working in similar roles.

Nice to have

• Experience in the insurance, financial services, or professional services sector.
• Prior experience in Order to Cash.
• Prior shared services / GCC experience at MNC scale.
• Exposure to Lean / Six Sigma frameworks for process improvement.

Details

• Location: Pune (Business Bay).
• Hybrid role: working at least three days a week in the office.