Accountant : Insurance Broking

Year    PB, IN, India

Job Description

About Us



We are an Australian-based insurance brokerage specialising in

motor and home insurance

. We are an Authorised Representative under

Shanebridge Pty Ltd (AFSL Licensee)

.
Our mission is to deliver seamless insurance experiences by combining local expertise in Australia with global operational support from our talented offshore team in India.

Position Overview



The

Accountant

will be responsible for managing financial operations related to the brokerage's day-to-day business activities, including premium reconciliation, commission tracking, expense reporting, and support for compliance reporting in line with

Australian accounting and ASIC/AFSL requirements

.

You will collaborate closely with our finance and operations team in Australia to ensure all financial data is accurate, transparent, and compliant.

Key Responsibilities

Financial Management



Maintain general ledger and accounting records in compliance with Australian standards (AASB). Reconcile daily and monthly

premium payments

,

insurer statements

, and

client brokerage accounts

. Prepare

commission statements

and reconcile

underwriter payments

. Manage

accounts payable

and

accounts receivable

functions for the brokerage. Assist with payroll and contractor payments (via Wise, PayPal, or Remitly).
2₹

Reporting & Analysis



Prepare monthly

Profit & Loss

,

Balance Sheet

, and

cash flow statements

. Support management with

budget variance reports

and

expense analysis

. Generate

monthly reconciliation reports

between client payments, insurer settlements, and brokerage commissions.
3₹

Compliance & Audit Support



Ensure all records align with AFSL, ASIC, and ATO (Australian Tax Office) reporting standards. Support the external accountant in Australia for BAS, GST, and annual audit preparation. Maintain documentation for compliance reviews and insurance trust account reconciliation.
4₹

Systems & Tools



Use and manage financial data in:

Xero / QuickBooks Online

CRM Systems

(e.g., Insight, Steadfast Virtual Underwriter, or equivalent)

Google Sheets / Excel

for reconciliations and reports Collaborate with the admin and renewal team to verify data integrity.

Qualifications & Skills



Essential:



Bachelor's or Master's degree in Accounting, Commerce, or Finance. Minimum 5

+ years of accounting experience

, preferably in financial services or insurance-related businesses. Strong understanding of

reconciliation

,

journal entries

, and

financial reporting

. Proficient in

Xero

,

QuickBooks

, or similar cloud accounting software. Excellent Excel/Google Sheets skills (Pivot Tables, Lookups, etc.). Strong English communication (written & verbal).

Preferred:



Experience with

Australian or UK-based accounting

. Familiarity with

insurance brokerage accounting

, especially

premium and commission reconciliation

. Exposure to

GST, BAS

, or

trust accounting

principles.

Soft Skills



High attention to detail and accuracy. Strong integrity and confidentiality handling financial data. Excellent time management -- able to work to Australian time zones. Collaborative and proactive in resolving discrepancies.

Compensation & Benefits



Competitive salary (INR-based, commensurate with experience). Performance-based bonuses. Paid leave as per Indian employment standards. Ongoing professional development & training in

Australian insurance finance

. Opportunity to work with an international team and advance into a

Finance Manager

role.

Work Hours



Monday to Friday 6:30 AM - 3:30 PM (IST) / 12:00 PM - 9:00 PM (AEST equivalent)

How to Apply



Send your resume and cover letter to

hardy@nationalcover.com.au


Subject Line: Application - Accountant (India Office)

Job Types: Full-time, Permanent

Pay: ₹30,000.00 - ₹50,000.00 per month

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Job Detail

  • Job Id
    JD4670893
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    PB, IN, India
  • Education
    Not mentioned
  • Experience
    Year