Genpact

The Programme 

We are inviting applications for the role of MT, Cash Applications. 
 
In this role, you will be responsible to Work closely with and within Property & Casualty Insurance Finance operations management team. 

What You Will Do 

• Daily Liquidity management for cash funding. 
• IC loan, G&A and capital contribution settlement with other platforms. 
• Actual cash analysis on platform and consolidation on group level. 
• Counter party risk management for platform and group. 
• Preference shares dividend Interest payment and booking of long-term debt. 
• Corporate credit card booking and reconciliation from cash side. 
• Review collection reports to determine the status of collections and balances outstanding to ensure compliance with the
• Credit & Collection policy. 
• Managing queries, statements, invoices and premium remittance via finance email box. 
• Daily bank transaction download to update cash log file and allocate them as per details 
• Post documentation receipt further assesses the status of KYC refresh as per ‘gap’ letter and further coordinate for missing documents. 
• Review claims workflow for claim payment processing. 
• Booking claims payment including proportional claims. 
• Premium and claims matching in system. 
• Non-claims payment and booking as provided by other department. 
• Review journal entry and posting in system. 
• Payments authorization on bank website as first approver. 
• Age receivables including follow-up comments on outstanding premium. 
• Unmatched & unallocated premium initial follow-up with brokers and underwriters. 
• Bank reconciliation for all bank accounts. 
• Connect with account payable and account receivable teams for open items. 
• Show open items in summary sheet with follow-up comments. 
• Discussion with department head on current year expense forecast and next year planning. 
• Creation of planning template for 30 cost centers based on gathered information. 
• Monthly follow-up meeting with department heads (DH) on future changes. 
• Encouraging information in group planning template and send to group planning team for review. 
• Seek and make changes as per group planning team. 
• MI expense template update on quarterly basis. 
• Provide commentary on variances for QTD and YTD numbers. 
• Circulation of plan vs actual expense report to DH. 
• Seek queries sent by DH. 
• Maintain and update employee benefit allowance tracker.  

Required Skills and Abilities 

Minimum Qualifications: 

• B. Com Graduate. 

Preferred Qualification: 

• Strong Cash operations knowledge in Credit Control, Treasury & Bank Reconciliation and FP&A. 
• Advanced user of Excel. 
• Ability to act on own initiative. 
• Must demonstrate a high level of self-motivation, energy and flexibility. 
• Ability to handle multifaceted volumes of workloads and to reach targets and deadlines on a timely basis. 
• Innovative and always looking for continuous improvement in order to develop succession plans for staff. 
• Good communication skills, interpersonal, verbal and written communication skills (in English)
• Exercises good judgement on day-to-day business problems and provides recommendations for solving course correction. 

About Us: 
 
Genpact is a global professional services and solutions firm delivering outcomes that shape the future.  
Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients.   
 
Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.