Accounts Reconciliation Executive / Analyst

Key Responsibilities

•     Perform daily/weekly/monthly reconciliation of bank statements with cash book and general ledger entries.

•     Reconcile vendor (accounts payable) and customer (accounts receivable) ledgers against statements and invoices.

•     Investigate and resolve discrepancies, unmatched entries, and outstanding items in a timely manner.

•     Reconcile inter-company accounts and ensure elimination entries are accurately recorded.

•     Prepare reconciliation statements and supporting schedules for month-end and year-end closing.

•     Coordinate with internal teams (AP, AR, Treasury) and external parties (banks, vendors, customers) to clear pending items.

•     Identify recurring reconciliation issues and recommend process improvements or system fixes.

•     Maintain proper documentation and audit trails for all reconciliation activities.

•     Support internal and statutory audits by providing reconciliation reports and explanations for variances.

•     Ensure compliance with company policies, accounting standards, and internal controls.

•     Assist in automating reconciliation processes using ERP/accounting software tools.

•     Escalate unresolved or high-value discrepancies to senior finance management.

Key Deliverables

•     Timely and accurate bank, vendor, customer, and inter-company reconciliations.

•     Reduced number of ageing/unreconciled items.

•     Clean reconciliation reports ready for management and audit review.

•     Improved reconciliation turnaround time (TAT) and process efficiency.

HR - 8122282550