Reconciliations Associate III

Job description

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection. Job Description Job Description Summary This is an entry-level role within the EFS operations team, focused on handling Accounts Payable (AP) and Accounts Receivable (AR) tasks. The Associate is responsible for accurately processing transactions, validating inputs, and supporting exception handling under close supervision. This position builds foundational skills in financial controls and compliance in AP/AR functions. Key Responsibilities Accurately complete accounting transactions such as invoice entry, payment processing, cash application and journal entries in line with standard operating procedures (SOPs) Support escheatment, payment refunds, charge-off and return handling processes. Respond to internal and external inquiries related to payments, refunds, and account balances within agreed timelines. Maintain accurate and up-to-date documentation of transactions and process steps for audit readiness. Develop foundational understanding of regulatory compliance, including SOX controls, and participate in basic compliance activities. Collaborate with trainers, consultants, and team leaders to build process expertise. Participate in ongoing process trainings Required Knowledge/Skills/Abilities Basic knowledge of accounting principles and processes (AP, & AR). Strong attention to detail and ability to follow instructions. Good communication and organizational skills. Time management skills and ability to prioritize tasks. Positive attitude and eagerness to learn and develop accounting skills. Ability to work collaboratively in a team environment. Education • Bachelor’s degree in Commerce, Accounting, Finance, or related discipline Experience • 0-2 year of experience in accounting (Preferred) Supervisory Responsibilities • This job does not have supervisory duties. Education & Experience (in lieu) • In lieu of the above education requirements, an equivalent combination of education and experience may be considered. Primary Skills Account Reconciliations Shift Time Recruiter Info Ms. Vibha Chaturvedi vaaa6@allstate.com About Allstate Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact. The Allstate Corporation is one of the largest publicly held insurance providers in the United States. Ranked No. 84 in the 2023 Fortune 500 list of the largest United States corporations by total revenue, The Allstate Corporation owns and operates 18 companies in the United States, Canada, Northern Ireland, and India. Allstate India Private Limited, also known as Allstate India, is a subsidiary of The Allstate Corporation. The India talent center was set up in 2012 and operates under the corporation's Good Hands promise. As it innovates operations and technology, Allstate India has evolved beyond its technology functions to be the critical strategic business services arm of the corporation. With offices in Bengaluru and Pune, the company offers expertise to the parent organization’s business areas including technology and innovation, accounting and imaging services, policy administration, transformation solution design and support services, transformation of property liability service design, global operations and integration, and training and transition. Learn more about Allstate India here.