Specialist - Fiduciary

Marsh; Pune District; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Marsh in Pune, India is seeking an Accounting Operations Manager to oversee payment processing and ensure compliance across requisitions, approvals and settlements. You will review reports, attach necessary supporting information, and coordinate with treasury and finance teams to finalize payments before due dates.

The role offers exposure to global risk management practices, with a focus on accuracy, control, and timely cash postings in the designated systems.

Responsibilities

• Review payment requisition reports and highlight entries for manual review by Accounting Ops Manager
• Ensure appropriate business approvals & supporting information attached for sanction check scenarios
• Review urgent payment requests and their details
• Conduct checks for third party payment requests per Controllership/Compliance guidance
• Review payments before settlement due date or offsetting against due payable
• Send payment requests for authorization after all information and checks are complete
• Review authorization requests and approve or reject in Fiduciary system
• Receive payment confirmations and store reports in DMS
• Send settlement advice to trading partners and store copies in DMS
• Check entries to ensure uniqueness and exclude some from processing with reasons
• Resolve exclusions by coordinating with Treasury or Banking partners
• Create cash receipts vouchers for each cash entry and match to ledger
• Identify ledger codes and cash matching technicians for cash matching
• Mark unidentified entries and post to unidentified cash ledger
• Post cash in ledgers for identified accounts

Job description

Company:

Marsh

Description:

Order to cash

Marsh is seeking candidates for the following position based in the [PUNE, INDIA] office:

What can you expect?

• 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
• Review payment authorization request and approve or reject the request in Fiduciary system
• 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 appropriateledger 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

What is in it for you?

Discover what's great about working at Marsh – 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