Bank Reconciliation Specialist

Role: Accountant – Bank Reconciliation
Designation: Specialist FAO
Location: Chennai
Experience: 4 Years
CTC: 7–7.5 LPA

We are looking for a detail-oriented Specialist – Bank Reconciliation to join our Finance & Accounting team. The role will focus on managing high-volume bank and cash reconciliations investigating discrepancies maintaining accurate financial records and supporting month-end close and audit activities.

The ideal candidate should have strong accounting fundamentals excellent analytical skills advanced Excel knowledge and experience handling high-volume transactions in a fast-paced environment.

• Perform daily and monthly bank reconciliations across multiple bank accounts and ensure timely completion.

• Reconcile bank statements with General Ledger (GL) balances and supporting records.

• Investigate analyze and resolve reconciling items discrepancies and cash variances.

• Load and validate daily bank statement and Point-of-Sale (POS) data in reconciliation systems.

• Reconcile cash receipts deposits electronic payments wire transfers and bank charges.

• Prepare journal entries and supporting documentation for reconciliation adjustments.

• Coordinate with internal finance teams and banking partners to resolve outstanding issues.

• Prepare reconciliation reports and maintain accurate supporting documentation.

• Support month-end closing and internal/external audit requirements.

• Ensure compliance with accounting policies internal controls and financial procedures.

• Identify process gaps and contribute to improvements in reconciliation processes and operational efficiency.

• Bachelor’s degree in Accounting Finance Commerce or a related field.

• 4 years of relevant experience in Bank Reconciliation Cash Reconciliation or General Accounting.

• Strong knowledge of accounting principles General Ledger journal entries cash management and financial controls.

• Experience handling high-volume transactions and multiple bank accounts.

• Advanced MS Excel skills including Pivot Tables XLOOKUP/VLOOKUP SUMIFS and data analysis functions.

• Hands-on experience with ERP systems such as SAP Oracle NetSuite or PeopleSoft.

• Exposure to bank reconciliation platforms/tools such as BlackLine Trintech or ReconNET will be an advantage.

• Strong analytical and problem-solving abilities with excellent attention to detail.

• Good working knowledge of MS Word and Outlook.

• Ability to work effectively in a fast-paced deadline-driven finance environment.