Record to Report Ops New Associate at Accenture

Gurugram, Haryana, India

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Not SpecifiedCompensation

Entry Level & New GradExperience Level

Full TimeJob Type

UnknownVisa

Insurance, FinanceIndustries

Requirements

BCom/Post Graduate Diploma in Finance/Bachelor’s degree with Finance specialization
0 to 1 years of experience
English (Domestic) - Intermediate
Account Reconciliations
Accounts Payable Processing
Accounting Journal Entries
Ability to establish strong client relationship
Ability to meet deadlines
Ability to perform under pressure
Intercompany Account Reconciliation
Skill in Reinsurance - Collections Processing
Willingness to work in rotational shifts

Responsibilities

Canceling and rewriting insurance policies and endorsements
Manage OTC collection/disputes such as debt collection, reporting on aged debt, dunning process, bad debt provisioning etc
Perform Cash Reconciliations and follow up for missing remittances
Prepare refund package with accuracy and supply to clients
Record all collections activities in a consistent manner as per client process (tool)
Delivery of process requirements to achieve key performance targets
Ensure compliance to internal controls, standards, and regulations (Restricted countries)
Solve routine problems, largely through precedent and referral to general guidelines
Primary interaction within own team and direct supervisor
Follow detailed instructions on all tasks
Make decisions that impact own work under close supervision
Work as an individual contributor as part of a team with a predetermined, narrow scope of work

Skills

Key technologies and capabilities for this role

ReinsuranceCollections ProcessingDebt CollectionCash ReconciliationsDunning ProcessBad Debt ProvisioningOTC CollectionsInsurance PoliciesEndorsements

Questions & Answers

Common questions about this position

What qualifications are required for this role?

Candidates need a BCom, Post Graduate Diploma in Finance, or Bachelor’s degree with Finance specialization, along with 0 to 1 years of experience.

What key skills are they looking for in candidates?

Key skills include Account Reconciliations, Accounts Payable Processing, Accounting Journal Entries, ability to establish strong client relationships, meet deadlines, and perform under pressure.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What does the day-to-day work involve in this role?

Responsibilities include canceling and rewriting insurance policies, managing OTC collections and disputes, performing cash reconciliations, following up on remittances, preparing refund packages, and ensuring compliance with internal controls.

Accenture

Global professional services for digital transformation

About Accenture

Accenture provides a wide range of professional services, including strategy and consulting, technology, and operations, to help organizations improve their performance. Their services assist clients in navigating digital transformation, enhancing operational efficiency, and achieving sustainable growth. Accenture's offerings include cloud migration, cybersecurity, artificial intelligence, and data analytics, which are tailored to meet the needs of various industries such as financial services, healthcare, and retail. What sets Accenture apart from its competitors is its extensive industry knowledge and ability to deliver comprehensive solutions that address both immediate challenges and long-term goals. The company's aim is to support clients in reducing their environmental impact while driving innovation and growth.

Dublin, IrelandHeadquarters

1989Year Founded

$8.5MTotal Funding

IPOCompany Stage

Consulting, Enterprise Software, CybersecurityIndustries

10,001+Employees

Risks

Rapid AI advancements may outpace Accenture's current capabilities, risking competitive disadvantages.

Integration challenges from multiple acquisitions could affect Accenture's operational efficiency.

The rise of AI-driven startups may disrupt Accenture's market share in customer service solutions.

Differentiation

Accenture's acquisitions enhance its capabilities in digital twin technology for financial services.

The company is expanding its expertise in net-zero infrastructure through strategic acquisitions.

Accenture's focus on software-defined vehicles positions it as a leader in automotive innovation.

Upsides

Accenture's investment in EMTECH supports central bank modernization amid digital currency evolution.

The acquisition of Award Solutions boosts Accenture's presence in the growing 5G and IoT markets.

Accenture's strategic acquisitions align with high-growth markets like digital twins and net-zero projects.

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