AGI Growth X Private Ltd.

Job Title: Finance Executive / Assistant Manager Accounts Payable/Receivable & Banking Operations (Insurance) Department: Finance and Accounts Location: Ahmedabad Experience: 5–7 years (preferably in the Insurance Industry) Reporting To: Finance Manager Job Summary: We are looking for a detail-oriented and experienced finance professional to handle Accounts Payable, Accounts Receivable, and Banking Operations . The ideal candidate will have prior experience in the insurance business , with a strong understanding of financial transactions, compliance, and industry practices. Key Responsibilities: Accounts Payable (AP): Process vendor invoices and ensure timely payments. Reconcile accounts payable transactions and resolve discrepancies. Maintain vendor master data and manage relationships with vendors. Monitor ageing of payables and generate periodic reports. Ensure compliance with internal controls and financial policies. Accounts Receivable (AR): Raise and track customer invoices and premium receivables. Follow up with clients/brokers for collections. Perform reconciliation of receivables and customer accounts. Maintain accurate records of all receipts and outstanding amounts. Analyse AR ageing and prepare collection status reports. Banking Operations: Manage day-to-day bank transactions, including fund transfers, deposits, and reconciliations. Coordinate with banks for account management, cheque handling, and fund movement. Reconcile bank statements with books of accounts. Ensure timely settlement of claims and commissions via banking channels. Monitor cash flows and support treasury operations. Required Skills & Qualifications: Bachelor’s degree in Commerce, Finance, or related field (MBA/CA Inter preferred). 5+ years of relevant experience in insurance or financial services industry. Strong understanding of accounting principles and insurance financial operations. Hands-on experience with accounting software (e.g., Tally, SAP,). Proficiency in MS Excel and financial reporting tools. Excellent analytical, communication, and organizational skills. Preferred Attributes: Familiarity with Insurance regulations and insurance accounting standards. Experience in handling statutory audits and compliance tasks. Ability to work independently and manage multiple priorities.