Senior Analyst - Finance & Accounting

Marsh; Maharashtra; Hybrid; INR 1,200,000 - 1,800,000; Full time

Job summary

Marsh in Pune is seeking a Senior Analyst for the Account Receivables team. This hybrid role requires on-site work at least three days per week and focuses on cash posting, AR reconciliations, and ensuring SOX-compliant processes.

The ideal candidate has 2–3 years in accounting, a related degree, and experience with insurance processes. You will work with cross-functional teams to support month-end activities and process improvements.

Qualifications

• 2-3 years of accounting experience
• Prior working experience in insurance/accounting roles is beneficial
• Strong understanding of cash posting, AR, and SOX controls desirable

Responsibilities

• Post cash receipts (wire transfers, ACH, cheques, lockbox) in ERP accurately
• Match payments to invoices and resolve unapplied cash within SLAs
• Maintain audit-ready documentation for cash posting and AR subledger
• Support month-end/quarter-end close and ERP upgrades
• Train new team members on SOPs and ERP workflows
• Collaborate with upstream/downstream teams to resolve interdependencies

Skills

Accounting

Education

Bachelor's degree in Accounting or related field

Job description

Marsh is seeking a talented individual to join our Account Receivables team. This role will be based in Pune. This is a hybrid role that has a requirement of working at least three days a week in the office.

Senior Analyst – Fiuciary (Grade-B2)

Discover what's great about working at Marsh Company’s – 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

Please Note: The applicants should be willing to work in 12:00pm-9:00pm & 1:00pm- 10:00pm shit timings.

What you need to have:

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

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.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build confidence to thrive through the power of perspective. For more information, visit corporate.marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.