We are seeking applications for a Finance Specialist, who can manage day-to-day financial tasks and internal client relationship with specific focus on coordinating with insurers and business teams. In this role you would be accountable for SAIBA booking, debtor reconciliation, and remittance verification etc.

Key Responsibilities

Internal client relationship- Co-ordination and follow up with insurance companies and business teams for recovery of collection of brokerage statements, recovery of GST debtors and SAIBA debtors. Verification of SAIBA booking as per IRDA compliances.  Projects- Regularly update in SAIBA software with adherence to IRDA Regulations. Implementation of online booking process in SAIBA and upgradation for SAIBA software for MIS reporting’s. Regular tagging of GST invoices and update of DNF (Details not found) in SAIBA software. Ensure timely & accurate verification of brokerage booked and knocked off in SAIBA software along with Debtors reconciliation. Ensure timely debtors management of Hyderabad, Ahmedabad & Kolkata and reconciliation of un-booked debtors.  Ensure timely sharing of data with CRM and LOB’s.  Ensure accurate and timely preparation of AR reserves, AR income file with reconciliation.  Ensure submission of AR reserves, AR income, unbooked file every 1st day of the month for MIS purpose. Ensure continuous efforts for reductions of DSO (Day’s Sales Outstanding).  Ensure timely submission of AR reports for monthly connect and every Wednesday for review of AR. Support in internal audit and statutory audits.  Master Updation in SAIBA software i.e. Client Master, BQP Master, Policy Master and any other master etc. Submission of monthly business reports to IRDA within 15 days from closure of month.  Ensure preparation of quarterly and annually BAP reports of IRDA for compliance team. Support in documentation of tender documents, NDA and agreements.  Ensure timely booking of BA and tagging of supporting documents in SAIBA software.  Verification of online banking transaction like fund transfer, payments & remittance verification

The Requirements

Education qualification: B.Com, M.Com, MBA  or CA intermediate. Demonstrated experience in managing brokerage booking, verification, reconciliation.Experience within insurance broking set up would be preferred. Good knowledge of accounting software SAIBA, Tally, Oracle etc.Must be good at coordinating with internal/external teams.

Equal Opportunity Employer