Team Manager - Reconciliation & Invoicing (3-4 yrs)

Experience - 3 or more years

Salary - 10 LPA (inclusive of variable)

Hybrid or WFO - Hybrid ( 1 week in a month from office)

Location - Mumbai (Vikhroli)

Job Description:

Shift : 9 AM to 6 PM

Note: It is a Team Handling role

Candidates should be from Commerce Background

Job Description

1. Manage & enhance books of accounts, validate ledger entries and perform matching exercise on daily basis

2. Perform regular audits - reconciliations for brokerage and accounts receivable, resolving discrepancies, establish clear guidance for clearance, always ensure compliance per financial standards

3. Create, verify, and issue invoices, coordinate with clients & insurers for timely payments, and maintain organized invoicing records

4. Suggest and implement improvements to accounting processes for enhanced efficiency and accuracy

5. Collaborate with internal teams, communicate with clients, work with underwriters, and liaise with regulatory bodies to ensure smooth operations and compliance

6. Assist in preparing financial reports, analyze financial data, and support audits with necessary documentation

7. Coordinate closely with brokers to ensure smooth processing of all transactions, maintaining clear communication and addressing issues promptly

8. Ability to think critically and make sound judgments based on the evidence presented

KNOWLEDGE, SKILLS AND ABILITY: (List the MINIMUM knowledge, skills and ability required to perform the essential functions of the position):

- Technical Proficiency and Understanding of Insurance service

- Excellent Written and Oral communication skills

- Interpersonal skills

- Ownership and Accountability

- Insurance domain knowledge

- Understanding of best practices in business processes and quality assurance

- Ability to work independently and as part of a team to achieve quality and compliance objectives

- Commitment to maintaining confidentiality and handling sensitive information appropriately

- Willingness to continuously learn and develop new skills to enhance audit effectiveness

- Publish dashboards to suggest the improvement in matched and unmatched revenues.