Analyst/Senior Analyst

Marsh; Mumbai; Hybrid; INR 400,000 - 600,000; Full time

Job summary

Marsh, a global leader in insurance broking and risk management, invites you to join our finance team in Mumbai. You will own end-to-end cash application for complex, high-volume client accounts, post cash receipts, and support month-end close with a focus on accuracy and compliance.

The role emphasizes ERP proficiency, SOX controls, and cross-team collaboration to resolve discrepancies and drive process improvements. 2-3 years of accounting experience and an accounting degree are preferred.

Qualifications

• Any relevant accounting degree.
• 2-3 years of experience in accounting.
• Prior experience in working in similar roles.

Responsibilities

• Post cash receipts accurately in ERP.
• Post cash in the respective ledgers for identified and assigned accounts.
• Match incoming payments to open invoices/policies and resolve unapplied/unidentified cash within SLAs.
• Obtain and validate remittance details from clients and broker teams.
• Escalate discrepancies, short payments, and deductions to the Team Lead promptly.
• Support month-end and quarter-end close activities including AR subledger reconciliation.
• Maintain audit-ready documentation for all cash posting transactions.
• Adhere to internal controls, SOX compliance requirements, and SOPs.
• Participate in process improvement initiatives as directed.
• Own end-to-end cash application for complex, high-volume, or strategic client accounts.
• Investigate and resolve aged unapplied cash, short payments, and cross-currency matching exceptions.
• Participate in ERP upgrades, system migrations, and process automation rollouts.
• Train and onboard new team members on SOPs, ERP workflows, and client-specific processes.
• Collaborate with upstream and downstream teams to resolve interdependencies.
• Conduct checks for third party payment requests per Controllership/Compliance guidelines.

Skills

2-3 years accounting experience

Education

Accounting degree

Job description

Discover what's great about working at Marsh Companys from the opportunities that our size brings, to our commitment to our communities and understanding the benefits you’ll receive. We are four businesses with one PURPOSE: helping companies meet the challenges of our time.

As a global leader in insurance broking and risk management, we are devoted to finding diverse individuals who are committed to the success of our clients and our organisation. Joining us will provide a solid foundation for you to accelerate your career in the risk and insurance industry. You will join a team of talented professionals from across the globe which is dedicated to helping clients manage some of the world's most challenging and complex risks. We can promise you extraordinary challenges, extraordinary colleagues, and the opportunity to make a difference.

Our rich history has created a client service culture that we believe is second to none. Our commitments to Diversity and Inclusion, Corporate Social Responsibility, and sustainability demonstrate our commitment to stand for what is right.

We will count on you to:

• Post cash receipts (wire transfers, ACH, cheques, lockbox) accurately in ERP
• Post cash in the respective ledgers for identified and assigned accounts
• Match incoming payments to open invoices/policies and resolve unapplied/unidentified cash within agreed SLAs
• Obtain and validate remittance details from clients and broker teams
• Escalate discrepancies, short payments, and deductions to the Team Lead promptly
• Support month-end and quarter-end close activities including AR subledger reconciliation
• Maintain audit-ready documentation for all cash posting transactions
• Adhere to internal controls, SOX compliance requirements, and standard operating procedures
• Participate in process improvement initiatives as directed
• Own end-to-end cash application for complex, high-volume, or strategic client accounts
• Investigate and resolve aged unapplied cash, short payments, and cross-currency matching exceptions
• Participate in ERP upgrades, system migrations, and process automation rollouts
• Train and onboard new team members on SOPs, ERP workflows, and client-specific processes
• Collaborate with upstream and downstream teams to resolve interdependencies
• Conduct additional checks for third party payment requests and take appropriate actions as per Controllership / Compliance guidelines

What you need to have:

• Any relevant accounting degree
• 2-3 years of experience in accounting
• Prior experience in working in similar roles

What makes you stand out:

• Prior working experience in Insurance Sector
• Prior experience in Order to Cash
• Insurance certification from The Institutes, USA
• Post-Graduation/Certificate Courses in Insurance
• Any prior experience in any insurance process

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact on colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.