This role involves handling cash accounts, preparing reports, and managing month-end activities like accruals and payments processing. Responsibilities include reconciliation reports, journal entry approvals, and improving existing processes. Strong analytical skills and communication are essential.
Description and Requirements
This position is responsible for a wide range of functions related to the handling Recons Suspense and Cash accounts, preparation of Reports and using various accounting. Prepare, process & review/approve manual journal entries based on the request received and reconcile the account to identify the variances and work for the resolution of the same, Lock box check processing, FCU reports. Should possess experience in handling end to end month end activities ranging from booking of accruals, processing payments through Wire etc.
Job Responsibilities
• Preparation of monthly reconciliation reports for managers / directors
• Produce weekly open item reports and review & approve monthly reconciliation statements
• Prepare, process & review/approve manual journal entries based on the request received and reconcile the account to identify the variances and work for the resolution of the same, Lock box check processing, FCU reports
• Manage the gathering of essential financial data from source systems and subsequent feed to reporting databases.
• Ensure functioning of the reconciliation processes as per accounting principles.
• Continuously review existing processes to identify and recommend improvement.
• Propose and implement recommendations to improve efficiency, controls and accuracy of assignments.
• Prepare the weekly, monthly, quarterly and year-end reporting.
• Ensure that the quality of transaction is in compliance with predefined parameters as defined by Process Excellence.
• Ensure adherence to established attendance schedules
• Any other essential function that may occur from time to time as directed by the Supervisor
Education, Technical Skills & Other Critical Requirement
Bachelor's degree in commerce or diploma with a minimum of 15 years of education
Process Specific Skills:
Soft Skills (Mandatory):
Soft skills (Desired):
About MetLife
Recognized on Fortune magazine's list of the "World's Most Admired Companies" and Fortune World's 25 Best Workplaces™, MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
#BI-Hybrid
This position is responsible for a wide range of functions related to the handling Recons Suspense and Cash accounts, preparation of Reports and using various accounting. Prepare, process & review/approve manual journal entries based on the request received and reconcile the account to identify the variances and work for the resolution of the same, Lock box check processing, FCU reports. Should possess experience in handling end to end month end activities ranging from booking of accruals, processing payments through Wire etc.
Job Responsibilities
• Preparation of monthly reconciliation reports for managers / directors
• Produce weekly open item reports and review & approve monthly reconciliation statements
• Prepare, process & review/approve manual journal entries based on the request received and reconcile the account to identify the variances and work for the resolution of the same, Lock box check processing, FCU reports
• Manage the gathering of essential financial data from source systems and subsequent feed to reporting databases.
• Ensure functioning of the reconciliation processes as per accounting principles.
• Continuously review existing processes to identify and recommend improvement.
• Propose and implement recommendations to improve efficiency, controls and accuracy of assignments.
• Prepare the weekly, monthly, quarterly and year-end reporting.
• Ensure that the quality of transaction is in compliance with predefined parameters as defined by Process Excellence.
• Ensure adherence to established attendance schedules
• Any other essential function that may occur from time to time as directed by the Supervisor
Education, Technical Skills & Other Critical Requirement
Bachelor's degree in commerce or diploma with a minimum of 15 years of education
- Minimum 2-4 Years of experience in Business Process Off-shoring, Financial Institutions, Insurance industry
- Experience in handling end to end month end activities ranging from booking of accruals, processing payments through Wire etc.
- Computer navigation skills
- Excellent Keyboarding and data entry speed
- Knowledge of Insurance principles in relation to the US Insurance industry is preferred
- Knowledge about US Culture is preferred
Process Specific Skills:
- Data entry skills
- Coaching and Feedback skills
- Ability to multi-task and handle high volumes of work in a fast-paced environment
Soft Skills (Mandatory):
- Good written and oral communication skills
- Strong understanding and comprehension of the English language
- Good Analytical, problem-solving skills
- Very High Detail Orientation
- Ability to establish priorities and handle multiple assignments concurrently with minimal direction in an evolving, fast-paced work environment
- Team player
- Positive attitude
Soft skills (Desired):
- Demonstrate ability to work independently and in a team environment
- Self-disciplined and results-oriented
About MetLife
Recognized on Fortune magazine's list of the "World's Most Admired Companies" and Fortune World's 25 Best Workplaces™, MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
#BI-Hybrid
Top Skills
Accounting Principles
Data Entry Skills
Financial Reporting
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