Skill required: Record To Report - Balance Sheet Account Reconciliations
Designation: Record to Report Ops Senior Analyst
Qualifications:BCom/CA Inter/Post Graduate Diploma in Finance
Years of Experience:5 to 8 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? You will be aligned with our Finance Operations vertical and will be helping us in determining financial outcomes by collecting operational data/reports, whilst conducting analysis and reconciling transactions. • Daily claims review with 100% accuracy and maintain TAT and Quality as per Accenture standards. • Administer treaty and Facultative reinsurance contracts. • Knowledge of reinsurance contracts, including treaty administration, claims processing, reconciliation and reporting. • Review reinsurer inquiry and respond back with requested information. • Ensure timely collection of funds and keep track of financials. • Perform quality check for the daily process. • Focus more on continuous improvement and to simplify/Automate the process. • To ensure that all the training queries / issues are updated in the query log and resolved. • Meet KPI as per Accenture agreed • To have a fair understanding of Excel, macros-VBA, Outlook. • Complete all mandatory compliance trainings in a timely manner (100%) • Develop expertise on the systems like –TAI, Advance excel/VBA, and systems used to support research and documentation for daily claims. • Impart technical/domain related training to other team members. • To co-ordinate with internal and external auditors. • To address all the stakeholders’ queries on a timely manner. • Ensure internal process, policies, procedures, audit, compliance & regulatory standards are met. Posting journal entries, preparing balance sheet reconciliations, reviewing entries and reconciliations, preparing cash forecasting statement, supporting month end closing, preparing reports and supports in audits. Involves balancing all balance sheet accounts against sub-ledger or other non-general ledger-based source data to verify whether the balance sheet accounts are in balance with the source system feeding the general ledger. Differences which arise are addressed as reconciling items.
What are we looking for? • 7 to 10 years of equivalent professional qualifications is preferred and experience in Insurance/Reinsurance process. Should have expert understanding on re-insurance concepts (Assuming company, ceding, various treaties and re-insurance agreements). • Claims experience & LOMA certification will be added advantage. • Graduates with minimum 7 to 10 years of experience. • Clear/critical thinking, strong written/verbal communication skills. • Ability to work effectively in a cross-functional team. • strong attention to detail to produce high quality results in a time sensitive environment. • Ability to work independently, including strong organizational and management skills. • Strong analytical and problem-solving skills. • Claims experience & LOMA certification will be added advantage
Roles and Responsibilities: •In this role you are required to do analysis and solving of increasingly complex problems • Your day to day interactions are with peers within Accenture • You are likely to have some interaction with clients and/or Accenture management • You will be given minimal instruction on daily work/tasks and a moderate level of instruction on new assignments • Decisions that are made by you impact your own work and may impact the work of others • In this role you would be an individual contributor and/or oversee a small work effort and/or team • Please note that this role may require you to work in rotational shifts

BCom,CA Inter,Post Graduate Diploma in Finance

About Accenture

We work with one shared purpose: to deliver on the promise of technology and human ingenuity. Every day, more than 775,000 of us help our stakeholders continuously reinvent. Together, we drive positive change and deliver value to our clients, partners, shareholders, communities, and each other.We believe that delivering value requires innovation, and innovation thrives in an inclusive and diverse environment. We actively foster a workplace free from bias, where everyone feels a sense of belonging and is respected and empowered to do their best work.At Accenture, we see well-being holistically, supporting our people’s physical, mental, and financial health. We also provide opportunities to keep skills relevant through certifications, learning, and diverse work experiences. We’re proud to be consistently recognized as one of the World’s Best Workplaces™.Join Accenture to work at the heart of change.

Visit us at www.accenture.com 

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