**JOB DESCRIPTION:
Cash Cycle Specialist – Cash Cycle Management, Aon Business Services
(Noida, India)**
**Your Impact as an Cash Cycle Specialist**
The Cash Cycle Specialist plays a critical role in supporting the
financial operations of our Commercial Risk division. This position is
responsible for managing cash application, collections, carrier
disbursements, bank reconciliations, and ensuring the integrity of
accounts receivable data. The Cash Cycle Specialist will collaborate
closely with internal teams and external partners to drive timely
collections, accurate cash postings, and effective resolution of
discrepancies, all while upholding the highest standards of data accuracy
and compliance.
**Job Responsibilities**
As a Cash Cycle Specialist, you will be responsible for executing the
following key functions:
- Oversee the end-to-end cash application process, ensuring timely and
accurate posting of payments received from clients, carriers, and other
partners.
- Manage collections activities for outstanding receivables, proactively
engaging with clients and carriers to resolve payment issues and reduce
aged debt.
- Process carrier disbursements, ensuring accuracy and compliance with
contractual and regulatory requirements.
- Perform daily, weekly, and monthly bank reconciliations, investigating
and resolving discrepancies to maintain accurate financial records.
- Maintain data integrity within accounts receivable systems, regularly
auditing transactions and collaborating with stakeholders to address and
correct errors.
- Collaborate with the Commercial Risk accounting and finance teams to
support month-end and year-end closing processes.
- Prepare and present accounts receivable reports to management,
highlighting trends, risks, and opportunities for process improvement.
- Partner with business leaders and external partners to resolve complex
accounts receivable issues and enhance cash flow performance.
- Ensure all accounts receivable processes comply with internal controls,
company policies, and relevant regulatory standards.
- Contribute to continuous improvement initiatives by identifying
opportunities to streamline workflows and enhance data quality.
**You Bring Knowledge and Expertise**
**Required Experience:**
- 3+ years of accounts receivable or related accounting/finance
experience.
- Experience in cash application, collections, and bank reconciliation.
- Strong understanding of accounting principles (U.S. GAAP) and financial
controls (such as SOX).
- Demonstrated ability to analyze and resolve complex accounts receivable
issues.
- Proficiency with accounts receivable systems and Microsoft Excel.
- Excellent communication and interpersonal skills, with the ability to
build effective relationships across teams and with external partners.
- Self-motivated, results-driven, and detail-oriented, with a demonstrated
commitment to data integrity.
**Preferred Experience:**
- Experience working within the commercial risk insurance industry.
- Familiarity with carrier disbursement processes and insurance accounting
practices.
- Knowledge of ERP and financial management systems (such as SAP, Oracle,
or similar platforms).
- Experience with process improvement and data quality initiatives.
**Education:**
- Bachelor’s degree in Accounting, Finance, Business Administration, or a
related field, or equivalent years of industry experience.
**We offer you**
A competitive total rewards package, continuing education & training,
and tremendous potential with a growing worldwide organization.
**Our Colleague Experience**
From helping clients manage risk and financial operations to supporting
our mission of empowering results for our clients, communities, and each
other, our colleagues make a difference every day. They work with the
best, own their potential, and value one another. This is the Aon
Colleague Experience—defining what it means to work at Aon and realizing
our vision of empowering human and economic possibility.
**About Aon**
Aon plc (NYSE:AON) is the leading global provider of risk management,
insurance and reinsurance brokerage, and human resources solutions and
outsourcing services. Our more than 72,000 colleagues worldwide empower
results for clients in over 120 countries with innovative and effective
risk and people solutions and through industry-leading global resources
and technical expertise.
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