Accounts Receivable Associate

We are seeking a talented individual to join our Account Receivables team at Marsh. This role will be based in Pune. This is a hybrid role that has a requirement of working at least three days a week in the office.

Roles & Responsibilities:

• Post cash receipts (wire transfers, ACH, cheques, lockbox) accurately in ERP
• Post cash in the respective ledgers for identified and assigned accounts
• Match incoming payments to open invoices/policies and resolve unapplied/unidentified cash within agreed SLAs
• Obtain and validate remittance details from clients and broker teams
• Escalate discrepancies, short payments, and deductions to the Team Lead promptly
• Support month-end and quarter-end close activities including AR subledger reconciliation
• Maintain audit-ready documentation for all cash posting transactions
• Adhere to internal controls, SOX compliance requirements, and standard operating procedures
• Participate in process improvement initiatives as directed
• Own end-to-end cash application for complex, high-volume, or strategic client accounts
• Investigate and resolve aged unapplied cash, short payments, and cross-currency matching exceptions
• Participate in ERP upgrades, system migrations, and process automation rollouts
• Train and onboard new team members on SOPs, ERP workflows, and client-specific processes
• Collaborate with upstream and downstream teams to resolve interdependencies
• Conduct additional checks for third party payment requests and take appropriate actions as per Controllership / Compliance guidelines

We will count on you to:

• Take end to end responsibility of delivery
• Take on additional activities within the existing bandwidth.
• Extended hours during month end might be required
• Meet the TAT and accuracy consistently

What you need to have:

• Any relevant accounting degree
• 2-3 years of experience in accounting
• Prior experience in working in similar roles

What makes you stand out?

• Prior working experience in Insurance Sector
• Prior experience in Order to Cash

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.