Accounts Assistant

Allstate; Bengaluru; On-site; INR 400,000 - 600,000; Full time

Job summary

Allstate is seeking an Accounting Consultant I in Bengaluru to execute day-to-day accounting activities within the department. Role involves prioritizing assignments, raising issues as appropriate, and supporting the Finance team with reconciliations and payments.

Qualifications include an accounting degree and 2+ years of experience; multi-currency and supplier experience desirable. Proficiency in SAP or GRID is beneficial, with strong data entry and Excel skills required.

Qualifications

• Accounting degree or relevant degree.
• 2+ years of accounting experience preferred.
• Experience with multi-currency, multiple suppliers desirable.

Responsibilities

• Assist with reviewing claim and inventory data files to prepare payment amounts and initiate payments.
• Assist with balance sheet reconciliations of inventory, claims paid and other recoveries.
• Perform monthly reconciliations to supplier statements.
• Support ad-hoc accounting duties to help the Finance team workload.
• Document, implement and monitor accounting treatments and financial controls.

Skills

Attention to detail

Accurate data entry

Excel

Self-motivated

Quick to learn

Efficient

Work under pressure

Education

Accounting degree or relevant degree

Tools

SAP

GRID

Job description

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

Job Description

The Accounting Consultant I responsible for executing the day to day activities of the team they are assigned to within the department. The role is expected to manage their assignments based on prioritization and direction and raise issues as appropriate.

Key Responsibilities

• Assisting with reviewing claim and inventory data files with inputs from third party vendors to prepare payment amounts and initiate the payment process
• Assisting with preparation balance sheet reconciliations of inventory, claims paid and other insurance recoveries
• Monthly reconciliations to supplier statements
• Provide support for additional ad-hoc accounting duties to help the Finance team workload.
• Documentation, implementation and monitoring of accounting treatments and financial controls.

Education

• Accounting or relevant degree

Experience

• 2 or more years of experience (Preferred)

Supervisory Responsibilities

• This job does not have supervisory duties.

Experience

• Bookkeeping experience
• Experience of working with multi currencies, multiple suppliers and people across a complex business desirable
• SAP, GRID or relevant ERP software experience desirable

Skills

• Attention to detail
• Accurate data entry skills
• Proficient in Excel
• Self-motivated
• Quick to learn
• Efficient
• Able to work under pressure and in a fast-moving environment

Primary Skills

Accounting, Corporate Accounting, Financial Accounting, Preparation of Financial Reports

About Allstate

Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.

The Allstate Corporation is one of the largest publicly held insurance providers in the United States. Ranked No. 84 in the 2023 Fortune 500 list of the largest United States corporations by total revenue, The Allstate Corporation owns and operates 18 companies in the United States, Canada, Northern Ireland, and India. Allstate India Private Limited, also known as Allstate India, is a subsidiary of The Allstate Corporation. The India talent center was set up in 2012 and operates under the corporation’s Good Hands promise. As it innovates operations and technology, Allstate India has evolved beyond its technology functions to be the critical strategic business services arm of the corporation. With offices in Bengaluru and Pune, the company offers expertise to the parent organization’s business areas including technology and innovation, accounting and imaging services, policy administration, transformation solution design and support services, transformation of property liability service design, global operations and integration, and training and transition.

Learn more about Allstate India here.