Sr. Accounts Associate

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