Requirements

Description and Requirements

Internal

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

Soft skills (Desired):

Demonstrate ability to work independently and in a team environment
Self-disciplined and results-oriented

About MetLife

Recognized on Fortune magazine's list of the World's Most Admired Companies and Fortune World's 25 Best Workplaces™, MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.

Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!

Sr. Insurance associate