Graduate in Accounting / Commerce / Business Administration with at least 15 years of education.
2-3 years months of work experience in a related field is required. Experience in Insurance organizations, Banks shall be preferred
Perform a variety of accounting reconciliation functions to report financial information in accurate and timely manner. Follow-up with banks and lines of business at client-end for closure of accounting open items. Maintain data and records in accordance with generally accepted accounting principles and reporting requirements. Produce monthly reconciliation statements.
Job Responsibilities
- Analyze, validate and process transactions as per Desktop procedures (L3 & L4).
- Reconcile bank to ledger transactions for all accounts.
- Analyze and research all discrepancies in various applications tools.
- Investigate and resolve outstanding items.
- Follow-up with banks and other internal customers for closure of open items and provide back-up for all discrepancies.
- Prepare basic financial reports.
- Perform mid-month, month-end and quarter-end activities as per documented desktop procedures.
- Ensure that the assigned targets are met in accordance with SLA and Internal standards.
- Ensure that the quality of transaction is in compliance with predefined parameters as defined by Process Excellence.
- Ensure adherence to established attendance schedules.
Good computer navigation skills
- Good keyboarding speed
- Good knowledge of complete MS Office suite
- Knowledge about the Insurance industry in US
- Knowledge about US Culture
- Knowledge of Accounting principles
- Proficiency in English
- Communication skills – should be able to read, interpret business documents. Good oral/written communication
- Analytical and interpersonal skills
- Escalate issues if required
- Data gathering ability/ Eye for detail
- Team work/ Managing Self / Adaptability
- Ability to work successfully in production driven environment
- Adaptability to change
- Ability to work on routine/standardized transactions
- Self-disciplined and result oriented
- Ability to multi task
- Ability to work effectively as part of a team
