Senior Analyst - Finance & Accounting

Marsh; Pune District; Hybrid; INR 420,000 - 640,000; Full time

Job summary

Marsh in Pune seeks an Account Payables professional to join a hybrid team. The role requires in-office presence at least three days per week.

You will manage payment processes, approvals, and reconciliations while ensuring compliance with Controllership and Treasury guidelines. This position suits someone with 2–3 years of accounting experience and strong MS Office skills.

Qualifications

• Any relevant Accounting degree.
• 2-3 years of experience in accounting.
• Excellent verbal and written communication skills.
• Proficiency in MS Office, including advanced Excel and PowerPoint.
• Active team player with the ability to work across geographies.
• Openness to new challenges and willingness to undertake additional responsibilities.

Responsibilities

• Review payment requisition reports and escalate entries for manual review by the Accounting Ops Manager.
• Ensure appropriate business approvals and supporting information are attached for sanction scenarios.
• Review urgent payment requests and related details.
• Conduct checks for third-party payment requests and follow Controllership/Compliance guidelines.
• Review and secure approvals for payments before settlement due date or offset against due payable.
• Send payment requests for authorization after information gathering and checks.
• Record payment confirmations and store reports in DMS.
• Send settlement advice to trading partners and store copies in DMS.
• Ensure statements are unique and exclude already processed entries with reasons.
• Resolve exceptions by coordinating with Treasury and banking partners as needed.
• Create cash receipts vouchers and post cash to appropriate ledgers.
• Assign ledger accounts and AO Staff Accountant for cash matching.
• Identify ledger code and cash matching technician assignments; reallocate as needed.
• Post cash in ledgers for identified accounts.
• Ensure proper handling when ledger codes are missing.

Education

Accounting degree

Tools

MS Office

Excel

PowerPoint

Job description

Marsh is seeking a talented individual to join our Account Payables 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.

Discover what's great about working at Marsh Company’s – from the opportunities that our size brings, to our commitent 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 co 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.

Senior Analyst – Fiduciary (Grade-B2)

We will count on you to:

• Review the payment requisition report and highlight entries which need Accounting Ops Manager to review manually
• Ensure appropriate Business approvals & supporting information have been attached in case of sanction check scenario
• Review urgent payment request and corresponding details
• Conduct additional checks for third party payment requests and take appropriate actions as per Controllership / Compliance guidelines
• Review details and ensure appropriate approvals / information has been shared for payments being made before settlement due date or are being offset against due payable or will result in Marsh funding
• Send payment request for authorization once all required information has been obtained and relevant checks have been completed for requests which required manual review
• Receive payment confirmation details including transaction reference details and store report in DMS
• Send settlement advice details to the trading partner and store copy in DMS
• Perform checks to ensure the statement is unique (has not been processed previously) and identify entries to be excluded from the report for processing with reasons
• Review entries excluded for processing and take appropriate actions to resolve exception (For e.g. requesting Treasury to liaise with Banking partners if required)
• Review each individual cash entry and create credit advice (cash receipting voucher)
• Identify and assign the account ledger and the respective AO Staff Accountant for cash matching of each entry
• Review scenarios where ledger account code & cash matching technician has not been assigned and identify the appropriate ledger code / cash matching technician
• Mark entry as unidentified and post in unidentified cash ledger account where ledger code & cash matching technician remains unassigned
• Post cash in the respective ledgers for identified and assigned accounts

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:

• Any relevant Accounting degree
• 2-3 years of experience in accounting
• Prior experience in working in similar roles
• Excellent verbal and written communication skills.
• Strong attention to detail.
• Ability to show initiative and contribute to a continuous improvement environment.
• Proficiency in MS Office, including advanced Excel and PowerPoint.
• Active team player with the ability to work across geographies.
• Openness to new challenges and willingness to undertake additional responsibilities.

What makes you stand out:

• Prior working experience in Insurance Sector
• Prior experience in Accounts Payable
• 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.

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