Senior Analyst - Accounting

Principal Financial Group; Maharashtra; On-site; INR 600,000 - 900,000; Full time

Job summary

Principal Financial Group in India is seeking an accounting analyst to join the team handling accounting for insurance products and services. The role requires strong analytical skills, independence, and the ability to work across finance and IT teams.

The candidate will perform GL reconciliations, analyze financial data, and help implement process improvements while collaborating with business stakeholders. The position follows a 2nd shift (1:30 PM – 10:30 PM IST) in a shared services setup.

Qualifications

• Must have strong knowledge of accounting principles and financial processes.
• Experience with AP/AR/GL, reconciliations, and journal entries.
• Proficient in Excel and data analysis; familiar with ERP environments.

Responsibilities

• Perform general ledger and balance sheet reconciliations, analyze issues, and record journal entries.
• Analyze financial and operational data and communicate insights to leaders.
• Resolve issues within timelines and SLAs; support process migrations and improvements.

Skills

Accounting principles

AP/AR/GL processes

Advanced Excel

ERP systems

Data analysis

Stakeholder management

Communication

Independent work

Team player

Education

Commerce degree (B.Com / M.Com)

CA/ICWA Intermediate level

Tools

ERP Systems

Microsoft Office

Job description

Responsibilities

This is role part of the team involved in accounting for insurance products and services provided by Principal Financial group.

Responsibilities

This is role part of the team involved in accounting for insurance products and services provided by Principal Financial group.
We are looking for accounting analyst resource who can work independently, has analytical skills, can trouble shoot/research/resolve issues. Someone with accounting, analytical, reporting and technical skills.
Process oriented mindset and experience in implementing process improvements. Anticipate this person will become familiar with all processes and use that knowledge to implement efficiencies.
Shift: 2nd Shift (01:30 PM – 10:30 PM IST)

Key Responsibilities

• Performing, analyzing, general ledger and balance sheet reconciliations, exception analysis, and issue resolution, accounting entries, including transaction recording, journal entries.
• Analyze financial and operational data and communicate actionable insights to leaders and stakeholders.
• Resolve operational issues and deliver work within agreed timelines and service levels.
• Strengthen accounting processes through effective controls, standardization, and continuous improvement.
• Support process migrations and transitions while maintaining quality, compliance, and business continuity.
• Collaborate with business, finance, and IT teams, participate in stakeholder reviews.

Qualifications

• 4-6 years of experience in finance and accounting, preferably in an offshore or shared services environment.
• Minimum qualification: bachelor’s or master’s degree in commerce, or completion of the CA/ICWA Intermediate level.

Skills & Competencies

• Strong knowledge of accounting principles and AP/AR/GL processes.
• Advanced Excel and Microsoft Office skills, with the ability to analyze large data sets.
• Working knowledge of ERP systems.
• Ability to work on multiple systems, understand system integrations, accounting transactions/entries flowing through them
• Strong analytical, planning, research, organizational, and problem-solving skills.
• Excellent communication, stakeholder management, and cross-functional collaboration skills, including the ability to present financial information to senior leaders.
• Ability to work independently, learn quickly, adapt to change, and perform effectively under pressure.
• Team player - Ability to learn and work in team.