Oversee accounts payable close activities, vendor management and reconciliation, journal preparation, GAAP reporting, annual planning, monthly operating reviews, and CFO presentations. Investigate accounting issues, support governance and audit activities, monitor process completion, train team members, and identify process improvements. The role requires strong analytical, organizational, communication, and technical accounting skills, preferably in insurance accounting.
Basic Function – Meeting, Governance & Audit clearance. Vendor management, Vendor reconciliation. Knowledge of end-to-end AP close cycle To ensure timely processing of invoices with accuracy. Essential Functions Preparation & review of annual planning process & monitoring timely completion. Preparation and review of monthly operating reviews, business commentary, CFO presentations. Primary Internal Interactions Assistant Manager/Sr executive for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking feedback and support Manager for the purpose of settling issues left unresolved by the Assistant Manager and monthly evaluation of performance Peers(team members) for the purpose of seeking co-operation & clarification on process-related matters & providing assistance and support when required Primary External Interactions Onshore Team Manager and SMEs for daily planning of work and execution of deliverables Must demonstrate effective and diplomatic oral and written communication skills Strong time management and organization skills Process Specific Skills Should have good understanding of GAAP accounting principles and procedures. Requires the knowledge and ability to prepare Journals, Reconciliations and related reports, investigate problems and organize projects Insurance accounting regulatory reporting experience or US GAAP/IFRS knowledge preferred. Ability to understand the significance of various activities in a statutory/GAAP accounting close cycle and deliver results accordingly. Soft skills (Desired) Must demonstrate effective and diplomatic oral and written communication skills Strong time management and organization skills Effective training/support to executive/ Sr. executive /New joiners Soft Skills (Minimum) Self-disciplined and result oriented Ability to multi task Ability to work effectively as part of a team Commitment and drive for results Strong analytical skills Ability to understand and question established process guidelines in order to bring about possible process improvements Ability to pay great attention to detail – especially during processing of transactions Education Requirements Chartered Accountant, CPA, CFA or equivalent with 2-3 years’ experience. B.Com with strong practical experience in reporting for more than 4 - 6 years Work Experience Requirements 2-4 years of experience in technical accounting or reporting area preferably with an insurance company. Should have good understanding of GAAP accounting principles and procedures.
About the TeamEXL is the indispensable partner for leading businesses in data-led industries such as insurance, banking and financial services, healthcare, retail and logistics. We bring a unique combination of data, advanced analytics, digital technology and industry expertise to help our clients turn data into insights, streamline operations, improve customer experience, and transform their business. Our partnerships with clients are built on a foundation of collaboration – and we’ve been chosen as a partner by nine of the top ten leading US insurance companies, nine of the top 20 global banks, and six of the top ten US health care payers. We function as one team to make your goals our goals, whether that’s unlocking the value of generative AI or embedding analytics into workflows that reduce risk or power your growth. Clients choose EXL as their transformation partner for many reasons. Our geographic diversity make talent all over the world instantly accessible. Digital accelerators enable unmatched speed-to-value, letting you realize results fast. It’s our people that truly set us apart, though, including the 1,500 data scientists we have dedicated to our generative AI practice. And our more than twenty years of experience in delivering business services, garnering stellar client references, and maintaining a solid balance sheet are reassuring to our C-suite clients. Find out for yourself why clients, employees, and analysts think we’re some of the best in the business. Contact us to see how we can help you achieve your goals.
EXL Chennai, Tamil Nadu, IND Office
Chennai, India
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