Genpact
Location
Noida | India
Job description
We are inviting applications for the role of MT, Cash Applications In this role, you will be responsible to Work closely with and within Property & Casualty Insurance Finance operations management team. Responsibilities • Daily Liquidity management for cash funding • IC loan, G&A and capital contribution settlement with other platforms • Actual cash analysis on platform and consolidation on group level • Counter party risk management for platform and group • Preference share dividend Interest payment and booking of long term debt • Corporate credit card booking and reconciliation from cash side. • Review collection reports to determine the status of collections and balances outstanding to ensure compliance with the Credit & Collection policy. • Managing queries, statement, invoices and premium remittance via finance email box. • Daily bank transaction download to update cash log file and allocate them as per details • Post documentation receipt further assess status of KYC refresh as per ‘gap’ letter and further coordinate for missing documents • Review claims workflow for claim payment processing • Booking claims payment including proportional claims • Premium and claims matching in system • Non-claims payment and booking as provided by other department • Review journal entry and posting in system • Payments authorization on bank website as first approver • Age receivables including follow-up comments on outstanding premium • Unmatched & unallocated premium initial follow-up with broker and underwriters • Bank reconciliation for all bank accounts. • Connect with account payable and account receivable teams for open items. • Show open items in summary sheet with follow-up comments • Discussion with department head on current year expense forecast and next year planning • Creation of planning template for 30 cost center based on gathered information • Monthly follow-up meeting with department heads (DH) on future changes • Encouraging information in group planning template and send to group planning team for review • Seek and make changes as per group planning team • MI expense template update on quarterly basis • Provide commentary on variances for QTD and YTD numbers • Circulation of plan vs actual expense report to DH • Seek queries send by DH • Maintain and update employee benefit allowance tracker
Qualifications we seek in you Minimum Qualification • B.Com Graduate Preferred Qualification • Strong Cash operations knowledge in Credit Control, Treasury & bank Reconciliation and FP&A • Advanced user of Excel • Ability to act on own initiative • Must demonstrate a high level of self-motivation, energy and flexibility • Ability to handle multifaceted volumes of workloads and to reach targets and deadlines on a timely basis • Innovative and always looking for continuous improvement in order to develop succession plan for staff • Good communication skills, interpersonal, verbal and written communication skills (in English) • Exercises good judgement on day to day business problems and provides recommendations for solving course correction Interested candidates share their updated resume to:- [email protected]Job tags
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