Accounts Payable

Skill: Accounts Payable

Location: Nagpur

Exp Range: 1 to 6years

Job Description:

Responsibilities: • Payable accounts experience, running pay cycle as per pay terms, vendor statement reconciliation, processing refunds, handling foreign currency payment, ensure payment is as per invoices • Strong understanding of producer and broker payable operations, ensuring accurate and timely completion of commission and bonus payments. Demonstrates ability to provide guidance or training to another employee. • Tracking Insurance premium payable, reconciliation of premium, payment of insurance premium to Insurance company. Having exposure to EPIC application, • Monitor, review and approve producer and broker payable transactions, including commissions, bonuses, and other related payments. • Collaborate with internal departments, such as accounting, sales, and human resources, to gather necessary information and resolve any payment-related issues. • Completes a higher volume of tasks and demonstrates ability to navigate complex processes.

Technical Skills

• Bachelor's degree in accounting, finance, or a related field (preferred) • 2 years of insurance accounting experience in processing payments or commissions to sales individuals • Excellent knowledge of insurance products, sales processes, and commission structures as well as knowledge of producer and broker payment processes, including commissions and bonus calculations. • Working knowledge of various insurance agency management systems (AMS) such as Benefit Point Applied EPIC is preferred • Willingness to work in US shift hours (CST hours)