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

Accounting Analyst II is responsible for supporting core accounting processes, financial reporting, account reconciliations, and transaction analysis to ensure the accuracy and integrity of financial records. Assists in preparing journal entries, maintaining accounting records, reconciling balance sheet accounts, investigating variances, and supporting month-end close activities. Reconciliations are a key subset of the broader General Accounting function and contribute to maintaining strong financial controls and compliance.

Key Responsibilities

• Support day-to-day general accounting activities, including journal entry preparation, account analysis, and financial transaction validation.
• Perform assigned balance sheet and bank reconciliations, ensuring timely identification and resolution of discrepancies.
• Investigate accounting variances and support the resolution of reconciling items.
• Prepare, maintain, and analyze accounting reports, schedules, and supporting documentation.
• Ensure compliance with accounting policies, standard operating procedures, and internal control requirements.
• Collaborate with cross-functional teams and business partners to resolve accounting exceptions and data discrepancies.
• Maintain complete and audit-ready documentation for assigned accounting processes.
• Support internal and external audit requests by providing accurate and timely information.
• Contribute to process improvement initiatives aimed at enhancing accuracy, efficiency, and control effectiveness.

Skills and Abilities

• Basic understanding of Generally Accepted Accounting Principles (GAAP) and core accounting concepts.
• Knowledge of general ledger accounting and account reconciliations.
• Ability to analyze financial data and identify discrepancies or unusual transactions.
• Strong attention to detail with a focus on accuracy and quality.
• Effective written and verbal communication skills, including professional email communication.
• Good organizational and time management skills with the ability to prioritize tasks and meet deadlines.
• Proficiency in Microsoft Excel and other accounting systems or ERP platforms.
• Ability to work collaboratively in a team environment and build effective working relationships.
• Positive attitude, adaptability, and eagerness to learn and develop professionally.

Education

• CA/CMA/CIMA Qualified

Experience

• 0-2 years of experience in General Accounting, Financial Accounting, Reconciliations, or related accounting functions.

Supervisory Responsibilities

• This position does not have supervisory responsibilities.

Education & Experience (in lieu)

• In lieu of the above education requirements, an equivalent combination of education and experience may be considered

Primary Skills

Accounting, Corporate Accounting, Financial Accounting, Preparation of Financial Reports

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.