Specialist - Finance and Accountingnew

Company:

Marsh Corporate

Description:

We are seeking a talented individual to join our Account Payables team part of our risk, reinsurance, and capital business at Marsh. This role will be based in Pune – Business Bay. This is a hybrid role that has a requirement of working at least three days a week in the office. Individual should be flexible working in shift timings 12:30 pm to 9:30 pm, 2:30 pm to 11:30 pm or 5:30 pm to 2:30 am depending upon business requirements.

Specialist - Finance & Accounting (O2C) - Grade C1

What can you expect?

Marsh is hiring a Specialist in Finance & Accounting to support payments process, reconciliations, and exception resolutions. This hybrid role focuses on end-to-end payment processing, bank account details verification, tax-related activities, record upkeep, and adherence to compliance and control requirements. In addition to managing routine operational tasks, the role will involve handling more complex queries, supporting month-end close activities, reviewing and validating work, coordinating with upstream and downstream teams, and contributing to process enhancements and control improvements. Support reconciliations, reporting, month-end activities, and compliance with SOX and audit requirements. Guide junior team members, manage escalations, and contribute to process improvements, automation, and smooth team operations.

We will count on you to:

• Review the payment requisition report and highlight entries which need Accounting Ops Manager to review manually.

• Validate that all required information and supporting documentation has been provided in the request form before processing.

• Verify banking details accurately in Newton and ensure they agree with the approved request and supporting information.

• Initiate payments through the relevant bank portals based on the authorized information available in Newton.

• Make required changes in RMB in accordance with the approved request form and applicable procedures.

• Add, update, and maintain line codes in the Forms Excel file accurately and on a timely basis.

• Initiate tax payments in accordance with the instructions documented in the tax log.

• Review payment requests and support documents for completeness, accuracy, and compliance before processing.

• Complete assigned activities within the agreed service-level agreements (SLAs).

• Escalate discrepancies, exceptions, control issues, and unresolved matters promptly to the Team Lead.

• Maintain complete, accurate, and audit-ready documentation for all transactions and activities performed.

• Adhere to internal controls, SOX compliance requirements, standard operating procedures, and applicable Controllership and Compliance guidelines.

• Participate in process improvement initiatives and support the implementation of control enhancements.

• Conduct research and provide information requested by internal and external business partners, as well as perform other duties assigned by the Manager.

• Provide appropriate backup support to colleagues during vacations, sick leave, and other absences across both electronic and paper-based processes.

• Identify and implement process, operational, and system improvements to enhance efficiency, quality, and control effectiveness.

• Train, mentor, and guide Treasury and Accounting Operations team members, including reviewing work and providing functional support.

• Train and onboard new team members on standard operating procedures, ERP workflows, bank portal processes, and client-specific requirements.

• Collaborate with upstream and downstream teams to resolve process interdependencies, clarify requirements, and address exceptions.

• Support month-end, quarter-end, year-end, and other period-end activities as required.

• Assist with the preparation, maintenance, and review of operational metrics, exception reports, control trackers, and management reporting.

• Support testing, validation, and implementation activities associated with system enhancements, process changes, and control updates.

• Ensure that all payment processing activities are performed accurately, securely, and in accordance with approved business requirements and applicable policies.

What you need to have: 

• Any relevant Accounting degree

• 4 - 5 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:

• Positive attitude and ability to adapt to an ever-changing environment.

• Aptitude for systems and technology.

• Working knowledge of Microsoft Excel, including filters, sorting, lookups, pivot tables and basic data validation.

• Ability to multi-task, work under pressure, and meet tight deadlines.

• Ability to work independently and collaboratively with a team.

• Strong ability to prioritize time effectively.

• Prior working experience in Insurance Sector.

• Prior experience in Accounts Payable.

Why join our team:

• We help you do your best through professional development opportunities, interesting work, and supportive leaders. 

• We foster a vibrant and inclusive culture where you can collaborate with talented colleagues to create innovative 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.