Specialist - Fiduciary (Accounts Receivable)

We are seeking a talented individual to join our accounting team at Marsh. 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.

Role

Specialist - Fiduciary

We're seeking an individual who has experience in cash application, payment matching, accounts receivable reconciliation, and ERP-based cash posting, while ensuring accuracy, compliance, and SLA adherence. The role involves managing end-to-end cash operations, resolving discrepancies, supporting month-end close activities, driving process improvements, and collaborating with cross-functional teams.

Responsibilities

• 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

What you need to have

• Any relevant accounting degree
• 3-4 years of experience in accounting
• Prior experience in working in similar roles

What makes you stand out

• Experience in the insurance, financial services, or professional services sector
• Prior experience in Order to Cash
• Prior shared services / GCC experience at MNC scale

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.