Accounts Executive - Advisor

About WTW: Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets.

We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance.

Together, we unlock potential.

About GFS (Team): The Pension Fund Accounting (PFA) teams in Mumbai support onshore teams across the Great Britain and Ireland geographies. Their responsibilities include preparing annual and management accounts, cash flows, and bank reconciliations, as well as handling accounts payable, fund flow forecasting, cash reconciliation, billing, pension payroll processing, statutory reporting, and audit support.

This team comprise of professionals, including Chartered Accountants, and accounting specialists at both graduate and postgraduate levels.

About Role: The associate is responsible for the monthly processing of cash reconciliations, monthly / quarterly cash flows, management accounts, annual accounts for pension schemes and statutory quarterly returns. The deliveries have to be met within the agreed deadlines with the onshore team. The associate should be ready to work on any other jobs sent by onshore team.

Roles & Responsibilities:

• Processing the monthly cash reconciliations received from the onshore team. 
• Processing monthly / quarterly cash flows in the prescribed format or as advised by the Onshore Team. 
• Processing of year-end accounts. This entails the following processes:
• Creating an opening trial balance using the Onshore Team’s signed financial accounts copy and entering them into the extended trial balance.
• Entering the onshore team cashbook into the extended trial balance to record the cash movements into the year-end trial balance.
• Preparing schedules for the fund accounts.
• Analyzing the investment reports into managed funds, segregated investments, derivatives, pooled investment vehicles, etc. Ensuring unit reconciliation and market value reconciliation vis-a-vis book cost reconciliation.
• Ensuring that the investment schedules are prepared by the pension guidelines i.e. under Statement of Recommended Practice (SORP) regulations
• Preparing the Annual Reports in the accounting software prescribed by the onshore team
• Processing the Accounting for Tax returns and Office for National Statistics returns
• Updating the databases for all jobs on a regular basis.
• Sending queries and follow-up queries related to cash reconciliations, cash flows, management accounts, year-ends and quarterly returns.
• Adherence to Onshore Team deadlines and the utilization requirements.
• Coordinating with the Onshore Teams on calls and emails with regards to the missing information and queries.
• Any other additional responsibility to commensurate with project requirements.

Key activities in the job include:

• Helping / assisting other team members & seniors in completing / meeting deadlines after finishing self-tasks.
• Adhering to any compliance and governance requirements of the organization

• Eye for detail

• Excellent logical reasoning

• Teamwork and collaboration

• Time Management

• Stakeholder Management

Qualifications:

• B. Com / BAF / M. Com

   

• Technical Skills

  • Basic accounting skills

  • Journal Entries 

  • Bank Reconciliation

  • Ledger Posting 

  • Ledger Scrutiny

     

• Finalization of accounts

  • Booking closing entries – (Accruals / Prepayments, etc.)

  • Preparing Trading, P & L A/C and Balance Sheet.

  • Technicalities of Investment Analysis and/or mutual fund concepts

  • Understanding of UK Pension regulations (not mandatory)

  • Good verbal and written communication skills

  • Good working knowledge of the Microsoft office, particularly Word & Excel

  • Attention to detail is vital to succeed in this role

  • Energetic, enthusiastic individuals

  • Logical thinking skillset is a must

  • Ability to learn new processes and systems, also should have the ability to adapt to changes

  • Ability to prioritize and organize tasks, work within stiff timelines

  • Ability to work independently and as part of a team.

  • Able to get on with others; be a team-player

  • Ability to work under pressure, multi-tasking and meet tight deadlines. 

  • Should be a quick learner and team player. 

The Application Process

• Stage 1: Online application and recruiter review
• Stage 2: Pre-recorded video interview
• Stage 3: Live video or in person interview with hiring manager and team
• Stage 4: Offer and onboarding

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please e-mail candidatehelpdesk@wtwco.com.