Senior Associate - Treasury Operations, Investments

Senior Associate, Treasury Operations, Investments

Gurgaon, Haryana, India

What you’ll be DOING

• What will your essential responsibilities include?
• Bank Reconciliations and Accounting
• Bank reconciliations preparation and follow up on open items for different regions.
• Source system to GL reconciliation.
• Preparation of journals for all Treasury related activities (Money market deposits, FX, bank charges, interest earned and charged, zero balance journals, Manual payment journals and other cash related journals).

Treasury

• Cash flow forecast and liquidity management for various entities.
• Liaising with banks for various types of queries.
• Familiar with cheque clearing process of various banks and reconciliations.
• Familiar with Escheatment process.
• Shared mailbox management.
• Lead discussions with banking partners and internal stakeholders to resolve complex treasury and settlement issues.
• Support implementation of treasury projects, bank integrations, and process automation initiatives.

Intercompany Settlement & Reconciliations

Analyze intercompany balances. Follow up for intercompany balances settlement & post journals.

Review of Intercompany Reconciliations and affiliate corrections.

Others

• Interaction with Stakeholders at various locations.
• Process documentation & adhering to all audit related controls.
• Identify opportunities for process standardization, efficiency improvements, and automation using tools such as Power Automate, Power BI, or Excel etc.

Additional Preferred Responsibility

Participate in system enhancements, UAT testing, and implementation of new finance and treasury solutions.

You will report to Manager - Treasury Operations, Investments.

What you will BRING

We’re looking for someone who has these abilities and skills:

Required Skills and Abilities

• Graduate/Post-Graduate (Commerce) with relevant Years of experience.
• Good Communication, analytical skills and able to comprehend and resolve complex queries and processes.
• Insurance industry background preferred.
• Experience in analyzing large data sets.
• Flexible with work timings and ready to work in extended working hours especially during month and quarter end close.
• Ability to work under pressure and to meet stringent delivery timelines.
• Able to contribute and drive continuous process improvements programs.

Desired Skills and Abilities

• Robust Accounting skills.
• Robust proficiency in Microsoft Excel and working knowledge of Microsoft Access, Power Query, Power Apps, Power Automate, and VBA Macros, with the ability to drive process automation, improve reporting efficiency, and enhance operational controls.
• Knowledge of Oracle application preferred.

Who WE are

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com

What we OFFER

Inclusion

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.

Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.

Robust support for Flexible Working Arrangements

Enhanced family-friendly leave benefits

Named to the Diversity Best Practices Index

Signatory to the UK Women in Finance Charter

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars

Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.

Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.

Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.

AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.

For more information, please see axaxl.com/sustainability.