Lead Reconciliation

Position Summary

Sound knowledge of Reconciliation process

Primary Responsibilities:

• Reconciling General Ledger Accounts Bank and Intercompany Accounts
• Review/Approve Reconciliation Accounts
• Perform month end activities e.g. preparing and uploading journal entries etc.
• Review and investigate reconciliation variances
• Maintain detailed records of all reconciliations and adjustments
• Addressing and improving the problematic(bad) reconciliations within the process
• Ensure compliance with accounting standards and company policies.
• Identify opportunities to streamline reconciliation processes and improve efficiency.
• Investigate and resolve any variances in a timely manner
• Managing and clearing of Open items including timely communication to stakeholders of aged open items
• Ensuring high accuracy in the reconciliation process
• Should be able to assist the Reporting Officer with both internal and external audit by providing requested supporting and answering queries raised Ensuring team is following standardized procedure and checklists
• Upskill team process knowledge.
• Resolve process related queries

Skills & Responsibilities :

• Good Accounting knowledge
• Intermediate/Advance Excel knowledge
• Good Attention to detail and accuracy
• Good Communication
• Proactive and able to work independently and meet tight reporting deadlines
• Ability to effectively work in team
• Flexible and able to prioritize tasks

Additional Requirements

• Review/update the Financial Policies to team and ensure compliance with accounting standards and company policies
• Communicate effectively with COE and Divisions regarding reconciliation issues.
• Updating SOP Error Log and other relevant documents
• Conduct Process Trainings
• Implement best practices and automation tools where applicable.
• Review the QA Findings and take necessary actions
• Prepare/Approve complex Reconciliation Accounts
• Conduct regular calibration and refresher sessions

Qualification and Experience :

• Qualified CA.
• Overall Exp of 5 years in Reconciliations like Cash/Bank Balance sheet and and Intercompany

Required Skills:

bank reconciliation (brs) Balance Sheet Reconciliation Intercompany Reconciliation Accounts Reconciliation Record to Report R2R