About This Role
An Analyst in Accounting Operations will join the Accounts Payable team, focusing on payment requisition review and processing, ensuring compliance, and managing cash entries. This hybrid role suits an accounting professional with strong attention to detail and a willingness to work specific shift timings.
Responsibilities
- Review the payment requisition report and highlight entries that need Accounting Ops Manager to review manually
- Ensure appropriate Business approvals and supporting information have been attached in case of sanction check scenario
- Review urgent payment request and corresponding details
- Conduct additional checks for third party payment requests and take appropriate actions as per Controllership / Compliance guidelines
- Review details and ensure appropriate approvals / information has been shared for payments being made before settlement due date or are being offset against due payable or will result in Marsh funding
- Send payment request for authorization once all required information has been obtained and relevant checks have been completed for requests which required manual review
- Receive payment confirmation details including transaction reference details and store report in DMS
- Send settlement advice details to the trading partner and store 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 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 ledger account code and 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 and cash matching technician remains unassigned
- Post cash in the respective ledgers for identified and assigned accounts
Requirements
- Any relevant Accounting degree
- 2-3 years of experience in accounting
- Prior experience in working in similar roles
- Excellent verbal and written communication skills
- Strong attention to detail
- Ability to show initiative and contribute to a continuous improvement environment
- Proficiency in MS Office, including advanced Excel and PowerPoint
- Active team player with the ability to work across geographies
