Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000 people across 30 countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.

We are inviting applications for the role of MT, Cash Applications

In this role, you will be responsible to Work closely with and within Property Casualty Insurance Finance operations management team.

ResponsibilitiesDaily Liquidity management for cash fundingIC loan, GA and capital contribution settlement with other platformsActual cash analysis on platform and consolidation on group levelCounter party risk management for platform and groupPreference share dividend Interest payment and booking of long term debtCorporate credit card booking and reconciliation from cash side.Review collection reports to determine the status of collections and balances outstanding to ensure compliance with the Credit Collection policy.Managing queries, statement, invoices and premium remittance via finance email box.Daily bank transaction download to update cash log file and allocate them as per detailsPost documentation receipt further assess status of KYC refresh as per ‘gap’ letter and further coordinate for missing documentsReview claims workflow for claim payment processingBooking claims payment including proportional claimsPremium and claims matching in systemNon-claims payment and booking as provided by other departmentReview journal entry and posting in systemPayments authorization on bank website as first approverAge receivables including follow-up comments on outstanding premiumUnmatched unallocated premium initial follow-up with broker and underwritersBank reconciliation for all bank accounts.Connect with account payable and account receivable teams for open items.Show open items in summary sheet with follow-up commentsDiscussion with department head on current year expense forecast and next year planningCreation of planning template for 30 cost center based on gathered informationMonthly follow-up meeting with department heads (DH) on future changesEncouraging information in group planning template and send to group planning team for reviewSeek and make changes as per group planning teamMI expense template update on quarterly basisProvide commentary on variances for QTD and YTD numbersCirculation of plan vs actual expense report to DHSeek queries send by DHMaintain and update employee benefit allowance trackerQualifications we seek in youMinimum QualificationB.Com GraduatePreferred QualificationStrong Cash operations knowledge in Credit Control, Treasury bank Reconciliation and FPAAdvanced user of ExcelAbility to act on own initiativeMust demonstrate a high level of self-motivation, energy and flexibilityAbility to handle multifaceted volumes of workloads and to reach targets and deadlines on a timely basisInnovative and always looking for continuous improvement in order to develop succession plan for staffGood communication skills, interpersonal, verbal and written communication skills (in English)Exercises good judgement on day to day business problems and provides recommendations for solving course correction

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. Get to know us at www.genpact.com and on X, Facebook, LinkedIn, and YouTube.

Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training.