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Digit Insurance
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Finance Consultant - Commission Payments

Finance Consultant - Commission Payments

Digit Insurance

3 - 5 years

3 - 6 Lacs

bengaluru

Posted:3 days ago| Platform:

Apply

Skills Required

audit compliance reconciliation commission processing & payments accounts payable stakeholder management

Work Mode

Work from Office

Job Type

Full Time

Job Description

Role & Responsibilities:

Commission Processing & Payments

Prepare and process commission payments via accounts payable systems.
Ensure timely and accurate disbursement of payments to agents.
Review agents invoices for withholding tax (TDS) implications.
Ensure accurate booking of commission invoices and prompt payments.

Audit & Compliance

Coordinate and participate in monthly audit activities.
Ensure compliance with internal policies and external regulations.
Maintain documentation of commission structures, approvals, and payment records.

Reconciliations & Reporting

Prepare payable reconciliation statements and aging reports.
Reconcile commission payments with financial records and resolve discrepancies.
Liaise with partners for payment, TDS, and GST reconciliations.
Record provisions in the books.
Prepare monthly MIS reports and support month-end financial closure.

Stakeholder Collaboration

Respond to inquiries from employees or agents regarding commission payments.
Collaborate with Sales, HR, and Finance teams to resolve issues.

Experience:

3-5 Years in Finance & Accounting

Preferred Skills:

Good in communications as well as good command in Excel MS Office- Vlookup, Index, Sumif
Good accounting skills and able to handle TDS and GST related queries

Language

English, Hindi, Kannada.

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