Specialist - Finance and Accounting

Overview

Support the Account Payables team in payment processing, reconciliations, and exception resolution within Marsh's risk, reinsurance, and capital business, on a hybrid basis in Pune – Business Bay.

What you'll do

• Review the payment requisition report and highlight entries that need Accounting Ops Manager review manually.
• Validate that all required information and supporting documentation has been provided in the request form before processing.
• Verify banking details accurately in Newton and ensure they agree with the approved request and supporting information.
• Initiate payments through the relevant bank portals based on the authorized information available in Newton.
• Make required changes in RMB in accordance with the approved request form and applicable procedures.
• Add, update, and maintain line codes in the Forms Excel file accurately and on a timely basis.
• Initiate tax payments in accordance with the instructions documented in the tax log.
• Review payment requests and support documents for completeness, accuracy, and compliance before processing.
• Complete assigned activities within the agreed service-level agreements (SLAs).
• Escalate discrepancies, exceptions, control issues, and unresolved matters promptly to the Team Lead.
• Maintain complete, accurate, and audit-ready documentation for all transactions and activities performed.
• Adhere to internal controls, SOX compliance requirements, standard operating procedures, and applicable Controllership and Compliance guidelines.
• Participate in process improvement initiatives and support the implementation of control enhancements.
• Conduct research and provide information requested by internal and external business partners, and perform other duties assigned by the Manager.
• Provide appropriate backup support to colleagues during vacations, sick leave, and other absences across electronic and paper-based processes.
• Identify and implement process, operational, and system improvements to enhance efficiency, quality, and control effectiveness.
• Train, mentor, and guide Treasury and Accounting Operations team members, including reviewing work and providing functional support.
• Train and onboard new team members on standard operating procedures, ERP workflows, bank portal processes, and client-specific requirements.
• Collaborate with upstream and downstream teams to resolve process interdependencies, clarify requirements, and address exceptions.
• Support month-end, quarter-end, year-end, and other period-end activities as required.
• Assist with the preparation, maintenance, and review of operational metrics, exception reports, control trackers, and management reporting.
• Support testing, validation, and implementation activities associated with system enhancements, process changes, and control updates.
• Ensure that all payment processing activities are performed accurately, securely, and in accordance with approved business requirements and applicable policies.

What you'll need

• Any relevant Accounting degree.
• 4 - 5 years of experience in accounting.
• Prior experience in working in similar roles.
• Excellent verbal and written communication skills.
• Strong attention to detail.
• Ability to show initiative and contribute to a continuous improvement environment.
• Proficiency in MS Office, including advanced Excel and PowerPoint.
• Active team player with the ability to work across geographies.
• Openness to new challenges and willingness to undertake additional responsibilities.

Nice to have

• Positive attitude and ability to adapt to an ever-changing environment.
• Aptitude for systems and technology.
• Working knowledge of Microsoft Excel, including filters, sorting, lookups, pivot tables and basic data validation.
• Ability to multi-task, work under pressure, and meet tight deadlines.
• Ability to work independently and collaboratively with a team.
• Strong ability to prioritize time effectively.
• Prior working experience in Insurance Sector.
• Prior experience in Accounts Payable.

Details

• Location: Pune – Business Bay.
• Hybrid role: work at least three days a week in the office.
• Shift timings flexible depending on business requirements: 12:30 pm to 9:30 pm, 2:30 pm to 11:30 pm, or 5:30 pm to 2:30 am.