Reconciliation Executive

Key Objective of the Job:
The Reconciliation Executive will be responsible for ensuring seamless reconciliation processes, resolving reconciliation issues, and collaborating with internal teams to ensure accurate transaction reporting. The role requires a proactive and analytical approach to problem-solving and an ability to take complete ownership of reconciliation tasks.

Key Responsibilities:

Reconciliation:
- Independently manage the reconciliation process and ensure all open items are closed within the defined timeline.
- Handle end-to-end bank reconciliation functionality, including identifying discrepancies and resolving them.
- Conduct a detailed review of suspense accounts and ensure timely resolution of pending transactions.

Issue Resolution & Problem-Solving:
- Work closely with internal teams to address and resolve disbursement and collection transaction issues.
- Demonstrate a deep-dive approach in problem identification and provide end-to-end solutions for reconciliation discrepancies.
- Take ownership of investigating open reconciliations daily and ensure resolution. Process Optimization & Compliance:
- Ensure accuracy in reconciliation processes and adherence to company policies.
- Provide recommendations for process improvements to enhance efficiency.
- Maintain proper documentation and audit trails of reconciliation activities.

Educational Qualification:
- Bachelors Degree in Commerce (B.Com) or equivalent qualification.

Desired Experience:
1 to 2 years of experience in finance operations, with a focus on bank reconciliation functions. Key Skills & Attributes:
Technical Skills:
Strong understanding of reconciliation processes and financial operations.
Hands-on experience in handling daily reconciliation tasks and resolving open items.
Analytical & Problem-Solving Skills:
Ability to analyze reconciliation issues and implement appropriate solutions.
Detail-oriented with an aptitude for working with numbers and financial data.
Ownership & Accountability:
Self-motivated and able to work independently with minimal supervision.
Ability to take ownership of reconciliation discrepancies and drive them to closure.
Team Collaboration:
Ability to work collaboratively with cross-functional teams for issue resolution.
Strong communication skills to liaise with stakeholders effectively.