Specialist - Fiduciary (Accounts Receivable)

Company:

Marsh Corporate

Description:

We are seeking a talented individual to join our accounting 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

Specialist – Fiduciary

We’re seeking for an individual who has experience in cash application, payment matching, accounts receivable reconciliation, and ERP-based cash posting, while ensuring accuracy, compliance, and SLA adherence. The role involves managing end-to-end cash operations, resolving discrepancies, supporting month-end close activities, driving process improvements, and collaborating with cross-functional teams. At Marsh, this opportunity offers career growth, global exposure, an inclusive work culture, and competitive benefits that support both well-being and professional development..

We will count on you to:

• •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

What you need to have:

• •Any relevant accounting degree
• •3-4 years of experience in accounting
• •Prior experience in working in similar roles

What makes you stand out?

• •Experience in the insurance, financial services, or professional services sector
• •Prior experience in Order to Cash
• •Prior shared services / GCC experience at MNC scale

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.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.