Thane Maharashtra Accounting and settlement Jobs – 10 Open Jobs Today

Accounting and Settlement
WTW —Thane District, Maharashtra
- Online application
- English
- Microsoft Office
- Bachelor's degree
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Accounting and Settlement

WTW -
Thane District, Maharashtra

Apply Now

Job details

Full-time
10 hours ago

Qualifications

English
Microsoft Office
Bachelor's degree
Communication skills

Full job description

Description

About WTW

Willis Towers Watson (NASDAQ: WTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets.

We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance.

Together, we unlock potential.

About The Team

The Accounting and Settlement team is responsible for reviewing client accounts, preparing and issuing periodic statements, reconciling accounting entries, and ensuring accurate recording of receipts, payments, and journals.

It also ensure excellent account management through completion of all Account payable & receivable activities in agreed timelines and maintaining quality benchmarks along with adherence of group policies and process guidelines.

Job Summary:

The role involves resolving transaction discrepancies, managing uncorrelated cash, outstanding debts, and settling balances with clients, underwriters, and insurers.
It also includes processing payments, reviewing bank statements, performing end-of-day reconciliations, and maintaining accurate financial records.
Regular coordination with clients, underwriters, and internal teams including email and voice communication is required to ensure timely resolution of queries and settlements.

Principal Duties and Responsibilities

Operational Delivery

Processing payment requests in compliance with financial policies and procedures
Conduct reconciliation of incoming & outgoing statements for Clients/ Carriers and maintain up to date records on operating system
Perform daily cash management duties, which includes posting of cash to the ledgers, conducting investigation and ensuring appropriate allocation of funds within agreed Service Level Agreement
Prompt escalations of identified discrepancies to front end team
Manage ledger maintenance requests on daily basis and update records of the actions taken on the operating system
Managing document & backup requests from the customers within agreed timelines
Maintain vigilance and responsiveness to urgent activity, ensuring appropriate escalation to the line manager for unresolved queries.
Ensure adherence to Group policies and procedures & Willis Insurance Essentials
Escalate errors and incidents to the Line Manager and operate within the guidelines of internal and external regulators
Proactively support key initiatives that have been delivered to implement change
Participate and contribute in team huddles & team meetings

Skills:

Sound communication skills - Use of clear business English to enable effective direct communication (Verbal/Written) with stakeholders.
Good understanding of account receivable and payable processes
High degree of accuracy and attention to detail Ability to learn new processes and systems
Ability to switch & prioritise multiple tasks as per requirement
Proficiency in Microsoft Office Applications.

Experience:

0-3 Years of experience in relevant field is preferred

Qualifications

Any Graduate

The Application Process

Stage 1: Online application and recruiter review
Stage 2: Pre-recorded video interview
Stage 3: Live video or in person interview with hiring manager and team
Stage 4: Offer and onboarding

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email [email protected].

Apply Now

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