Senior Analyst - O2C - Fiduciary

What can you expect?

• Review the payment requisition report and highlight entries which need Accounting Ops Manager to review manually
• Ensure appropriate Business approvals & supporting information have been attached in case of sanction check scenario
• Review urgent payment request and corresponding details
• Conduct additional checks for third party payment requests and take appropriate actions as per Controllership / Compliance guidelines
• Review details and ensure appropriate approvals / information has been shared for payments being made before settlement due date or are being offset against due payable or will result in Marsh funding
• Send payment request for authorization once all required information has been obtained and relevant checks have been completed for requests which required manual review
• Review payment authorization request and approve or reject the request in Fiduciary system
• Receive payment confirmation details including transaction reference details and store report in DMS
• Send settlement advice details to the trading partner and store copy in DMS
• Perform checks to ensure the statement is unique (has not been processed previously) and identify entries to be excluded from the report for processing with reasons
• Review entries excluded for processing and take appropriate actions to resolve exception (For e.g. requesting Treasury to liaise with Banking partners if required)
• Review each individual cash entry and create credit advice (cash receipting voucher)
• Identify and assign the account ledger and the respective AO Staff Accountant for cash matching of each entry
• Review scenarios where ledger account code & cash matching technician has not been assigned and identify the appropriate ledger code / cash matching technician
• Mark entry as unidentified and post in unidentified cash ledger account where ledger code & cash matching technician remains unassigned
• Post cash in the respective ledgers for identified and assigned accounts

What is in it for you?

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 andtreatment 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 hospitaltreatment 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 baseexcept 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
• Meet the TAT and accuracy consistently

What you need to have:

• Any relevant Accounting degree
• 1-2 years of experience in accounting
• Prior experience in working in similar roles