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.
Skills Required
- Relevant accounting degree
- 3-4 years of accounting experience
- Prior experience in a similar cash application or fiduciary accounting role
- Experience in insurance, financial services, or professional services
- Prior Order to Cash experience
- Shared services or GCC experience at multinational scale
What We Do
Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 7,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a business of Marsh McLennan [NYSE: MMC].






