Senior Analyst - O2C

Marsh McLennan is hiring for the role of Senior Analyst - O2C!

Responsibilities of the Candidate:

• Review the payment requisition report and highlight entries that need the Accounting Ops Manager to review manually
• Ensure appropriate Business approvals & supporting information have been attached in case of a sanction check scenario
• Review the urgent payment request and the corresponding details
• Conduct additional checks for third-party payment requests and take appropriate actions as per the Controllership / Compliance guidelines
• Review details and ensure appropriate approvals/information have been shared for payments being made before the settlement due date, or are being offset against due payable, or will result in Marsh funding
• Send a payment request for authorisation once all required information has been obtained and relevant checks have been completed for requests that require manual review
• Review payment authorisation request and approve or reject the request in the Fiduciary system
• Receive payment confirmation details, including transaction reference details and store report in DMS
• Send settlement advice details to the trading partner and store a copy in DMS
• Perform checks to ensure the statement is unique (has not been processed previously) and identify entries to be excluded from the report for processing, with reasons
• Review entries excluded for processing and take appropriate actions to resolve the exception (For e.g. requesting Treasury to liaise with Banking partners if required)
• Review each individual cash entry and create credit advice (cash receipting voucher)
• Identify and assign the account ledger and the respective AO Staff Accountant for cash matching of each entry
• Review scenarios where the ledger account code & cash matching technician has not been assigned and identify the appropriate  ledger code/cash matching technician
• Mark entry as unidentified and post in unidentified cash ledger account where ledger code & cash matching technician remains unassigned
• Post cash in the respective ledgers for identified and assigned accounts

Requirements:

• Any relevant Accounting degree
• 1-2 years of experience in accounting
• Prior experience working in similar roles
• Prior working experience in the Insurance Sector
• Take end-to-end responsibility for delivery
• Take on additional activities within the existing bandwidth.
• Extended hours during month-end might be required
• Meet the TAT and accuracy consistently