Associate - Treasury Operations, Investments

AXA; Gurugram District; On-site; INR 600,000 - 800,000; Full time

Job summary

AXA in Gurgaon, Haryana invites an Associate, Treasury Operations, Investments to join our team. You’ll perform bank reconciliations, cash flow forecasting, intercompany reconciliations, and ensure audit controls. Strong data analysis and Excel skills required.

Graduate/Post-Graduate in Commerce with relevant experience; insurance background preferred; willingness to extend hours during month-end close.

Qualifications

• Commerce graduate/post-graduate with relevant experience.
• Strong communication and analytical skills.
• Insurance industry background preferred.
• Experience analyzing large data sets.
• Flexible with work timings and ready to work in extended hours especially during month-end close.
• Ability to work under pressure and to meet stringent delivery timelines.

Responsibilities

• Bank reconciliations and accounting for treasury activities.
• Cash flow forecast and liquidity management.
• Intercompany balances analysis and postings; reconciliations.

Skills

Communication

Analytical skills

Insurance industry

Data analysis

Flexibility

Deadline pressure

Education

Commerce degree

Tools

MS Excel

MS Access

Power Query

Macros

Oracle

Job description

Associate, Treasury Operations, Investments

Gurgaon, Haryana, India

We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients’ potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters.

What you’ll be DOING

What will your essential responsibilities include?

Bank Reconciliations and accounting

• Bank reconciliations preparation and follow up on open items for different regions.
• Source system to GL reconciliation.
• Preparation of journals for all Treasury related activities (Money market deposits, FX, bank charges, interest earned and charged, zero balance journals, Manual payment journals and other cash related journals).

Treasury

• Cash flow forecast and liquidity management for various entities.
• Liaising with banks for various types of queries.
• Familiar with cheque clearing process of various banks and reconciliations.
• Familiar with Escheatment process.
• Shared mailbox management.

Intercompany Settlement & Reconciliations

• Analyze intercompany balances. Follow up for intercompany balances settlement & posting journals.
• Review of Intercompany Reconciliations and affiliate corrections.

Others

• Interaction with Stakeholders at various locations.
• Process documentation & adhering to all audit related controls.

You will report to Manager - Treasury Operations, Investments.

What you will BRING

We’re looking for someone who has these abilities and skills:

Required Skills and Abilities:

• Graduate/Post-Graduate (Commerce) with relevant Years of experience.
• Good Communication, analytical skills and able to comprehend and resolve complex queries and processes.
• Insurance industry background preferred.
• Experience in analyzing large data sets.
• Flexible with work timings and ready to work in extended working hours especially during month and quarter end close.
• Ability to work under pressure and to meet stringent delivery timelines.

Desired Skills and Abilities:

• Able to contribute and drive continuous process improvements programs.
• Robust Accounting skills.
• Robust in MS Excel and having knowledge about MS Access, Power query and Macro would be an added advantage.
• Knowledge of Oracle application preferred.

Who WE are

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.

By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com

Inclusion

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
• Robust support for Flexible Working Arrangements
• Enhanced family-friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.

For more information, please see axaxl.com/sustainability.