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MT-O2C

3.00 to 5.00 Years   Gurugram   02 Nov, 2022
Genpact India Pvt Ltd
Job LocationGurugram
EducationNot Mentioned
SalaryNot Disclosed
IndustryIT - Software
Functional AreaGeneral / Other Software
EmploymentTypeFull-time

Job Description

    *With a startup spirit and 90,000+ curious and courageous minds, we have the expertise to go deep with the world s biggest brands and we have fun doing it. Now, we re calling all you rule-breakers and risk-takers who see the world differently, and are bold enough to reinvent it. Come, transform with us. Are you the one we are looking for We are inviting applications for the role of MT, Credit Control In this role, you will be responsible to Work closely with and within Property & Casualty Insurance Finance operations management team. You are to work on Cash Application, Research and resolution of Aged Receivable balances, Communication with Underwriter/ Broker to resolve unmatched cash, Journal Entries), etc. Responsibilities Understanding of Bank statements, remittances/ invoices from Brokers and Should have experience and understanding of Surety Business (incoming & outgoing) Identification and recording of Incoming cash receipts for Insurance Business Different types of policies, Manual / Automated programs, Non-programs etc. Perform and review multi-currency revaluations for foreign currency cash receipts and Prepare internal reports for various partners Prepare journal entries for cash (incoming & outgoing) & Intercompany in accordance with company policy and generally accepted accounting principles. Research and resolve open items for Bank reconciliations and coordinate with multiple partners to provide a resolution. Ensure key risks and issues relating to Cash applications to identify, detail and communicate to the appropriate partners and senior management on time. Actively work towards streamlining of the Unreconciled Cash & build effective controls and building deep domain depth in the team around Cash application for Property & Casualty Insurance Co. Qualifications we seek in you Minimum Qualification B.Com Graduate Preferred Qualification Knowledge of Commercial and specialty Insurance operation and ability to balance varied volumes of workloads and to reach targets and deadlines on a timely basis Understanding of Life cycle of Insurance company Must demonstrate a high level of self-motivation, energy and flexibility Innovative and always looking for continuous improvement and Self-starter, with ability to work under own initiative. Excellent Interpersonal and MS Office Skill Insurance/ Reinsurance Cash Application background would be an added advantage Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation.,

Keyskills :
bank statementsequipment supplyforeign currencysenior managementoperations managementcontinuous improvementfinancial justificationcash applicationcash

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