Accounting Team Lead

Accounting Team Lead I

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

Leads the execution and continuous improvement of core accounting operations by ensuring high-quality service delivery, process integrity, and compliance. Drives performance and operational excellence through effective team leadership, cross-functional collaboration, and data-informed decision-making.

Key Responsibilities

• Supervise a team handling Account Receivables exceptions processing, resolving unapplied cash, refunds, and payment adjustments.

• Ensure consistent application of accounting policies and adherence to internal controls.

• Review and approve complex transaction resolutions and escalate systemic issues.

• Monitor team performance and productivity against SLAs and KPIs.

• Support audit preparation and ensure documentation is accurate and up to date.

• Conduct regular team meetings and one-on-ones to provide coaching and feedback.

• Identify areas for process improvement and assist in SOP updates.

• Act as a liaison between the team and senior leadership, ensuring effective communication and execution of strategic priorities.

• Reviews and evaluates advanced issues and analyzes Accounting/Financial/technical information

• Uses advanced accounting principles and understand the concepts, rules and terminology to the science of accounting

• Manages day to day" workflow"

• Applies strong understanding of industry practices and integrates subject matter knowledge

• Leads process and/or service improvement program

• Questions and considers the implications of financial decisions and accounting recommendations

Education

Bachelor’s degree in Commerce, Accounting, or related field.

Skills

·         Strong understanding of AR processes, controls, and compliance requirements.

·         Proven ability to manage and develop team members.

·         Excellent organizational and problem-solving skills.

·         Strong written and verbal communication skills.

·         Experience with accounting systems (ERP), reporting tools, and reconciliation processes.

Experience

5+ years of experience in accounting operations  

Minimum 2 years of people management experience is preferred

Supervisory Responsibilities

• This job has 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

Accounting, Corporate Accounting, Financial Accounting, Financial Analysis, Financial Statement Analysis

Shift Time

Recruiter Info

Annapurna Jhaajhat@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.

Experience Level

Senior Level