Senior Specialist - Finance & Accounting

Company:

Marsh

Description:

Order to cash

 

Marsh is seeking candidates for the following position based in the [MUMBAI, INDIA] office:

[Specialist  / Senior Specialist]

 

What can you expect?

 

Job Summary

The Fiduciary Accounting Specialist/Sr. Specialist will support the Accounts Receivable and Accounts Payable processes within the Fiduciary Accounting team. The role is responsible for ensuring timely and accurate processing of client and carrier transactions, maintaining compliance with internal controls, and supporting month-end reconciliation activities. The position requires strong attention to detail, good communication skills, and the ability to work effectively in a fast-paced, deadline-driven environment.

Key Responsibilities

• Process and monitor Accounts Receivable and Accounts Payable transactions in line with established procedures.
• Review and allocate incoming cash receipts accurately and on time.
• Support the clearing of unallocated cash and identify items requiring follow-up.
• Prepare and perform account reconciliations, including investigation and resolution of open items.
• Coordinate with internal teams and external stakeholders to resolve payment and receipt-related queries.
• Ensure adherence to fiduciary, compliance, and control requirements.
• Assist with month-end and periodic reporting activities.
• Maintain accurate records and documentation for audit and review purposes.
• Escalate exceptions, discrepancies, and unresolved issues in a timely manner.
• Support process improvement initiatives to enhance efficiency and accuracy.

What is in it for you?

Discover what's great about working at Marsh and McLennan Companies – from the opportunities that our size brings, to our commitment to our communities and understanding the benefits you’ll receive. We are four businesses with one PURPOSE: helping companies meet the challenges of our time.

As a global leader in insurance broking and risk management, we are devoted to finding diverse individuals who are committed to the success of our clients and our organisation. Joining us will provide a solid foundation for you to accelerate your career in the risk and insurance industry. You will join a team of talented professionals from across the globe which is dedicated to helping clients manage some of the world's most challenging and complex risks. We can promise you extraordinary challenges, extraordinary colleagues, and the opportunity to make a difference.

Our rich history has created a client service culture that we believe is second to none. Our commitments to Diversity and Inclusion, Corporate Social Responsibility, and sustainability demonstrate our commitment to stand for what is right.

As a Marsh and McLennan Company colleague, you will also receive additional benefits such as:

• A competitive salary
• Employee friendly policies
• Health care and insurance for you and your dependants
• Healthy Work life balance
• A great working environment
• Flexible benefits packages to suit your needs and lifestyle
• Future career opportunities across a global organisation

Preview to our current base policies:

• Maternity benefits: Sum insured for normal delivery is INR 65,000 and C-section is INR 75,000.
• Mental health on IPD (up to full sum insured) and OPD (up to 40,000) to cover Psychiatric and related treatments
• Home care and treatment  up to INR15,000 (COVID related) covered per member
• Hotel quarantine up to INR 50,000 (COVID related) covered per member
• Make shift or temporary hospital treatment up to INR15,000 (COVID related) covered per member
• Enhanced colleague experience through Benefitme portal (one stop self-service for enrollment & tracking of claims)

 

Voluntary top up:

• Sum Insured options: 2 Lacs, 3 Lacs and 5 Lacs
• All benefits same as base except for Mental illness on OPD basis
• Although completely voluntary, colleagues would be encouraged to enroll considering dependents age & pre-existing health conditions
• Corporate buffer would be made available on exception basis only, provided colleagues have taken a top up plan
• 6 months instalment option through payroll
• New Joiners would be able to opt for Top-up upon joining within a 30 day window

 

 

 

We will count on you to:

• Take end to end responsibility of delivery
• Take on additional activities within the existing bandwidth.
• Extended hours during month end might be required

 

 

What you need to have:

• Graduates or post graduates with accounting experience
• 5-6 years of experience in O2C accounting
• Prior experience in working in similar roles

 

What makes you stand out?

• Prior working experience in Insurance Sector

 

 

 

BUSINESS GROUP STATEMENT

Marsh is a global leader in insurance broking and risk management. In more than 130 countries, our experts in every facet of risk and across industries help clients to anticipate, quantify, and more fully understand the range of risks they face. We work with clients of all sizes to define, design, and deliver innovative solutions to better quantify and manage risk. We offer risk management, risk consulting, insurance broking, alternative risk financing, and insurance program management services to businesses, government entities, organizations, and individuals around the world.  To every client interaction we bring an unmatched combination of deep intellectual capital, industry-specific expertise, global experience, and collaboration.  Since 1871, clients have relied on Marsh for trusted advice, to represent their interests in the marketplace, make sense of an increasingly complex world, and help turn risks into new opportunities for growth. Our more than 30,000 colleagues work on behalf of our clients, who are enterprises of all sizes in every industry, and include individuals, multinational organizations, and government entities worldwide. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients.  Visit www.marsh.com for more information and follow us on LinkedIn and Twitter @MarshGlobal

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.