Position Title: Reconciliation Support
This position will play a pivotal role in ensuring accuracy, compliance, and timeliness in all reconciliation activities. This position will be responsible for overseeing balance sheet and bank reconciliations, supporting month-end close processes, and ensuring audit preparedness. The role will require close collaboration with finance teams in the UK and India, managing follow-ups, and providing oversight to ensure smooth financial operations.
Key Responsibilities and Accountabilities:
- Perform and oversee timely preparation of balance sheet reconciliations, ensuring accuracy and completeness.
- Manage bank reconciliations across multiple accounts and entities, ensuring all discrepancies are resolved promptly.
- Support the month-end closing process by ensuring all reconciliations and related activities are completed within deadlines.
- Coordinate and follow up with relevant stakeholders to resolve reconciliation issues and outstanding items.
- Provide control support during audits by preparing reconciliation schedules, explanations, and documentation required by auditors.
- Ensure compliance with internal controls, accounting policies, and regulatory requirements.
- Act as a point of contact between India GCC and UK finance teams for reconciliation-related activities.
Functional Competencies:
- Strong knowledge of reconciliation processes including balance sheet and bank reconciliations.
- Good understanding of month-end close processes and audit requirements.
- Attention to detail with strong analytical and problem-solving skills.
Behavioural Competencies:
- Excellent communication and stakeholder management skills for effective coordination with UK finance teams.
- Ability to work independently while also leading and guiding team members.
- Proficiency in MS Excel and financial systems; exposure to reconciliation tools will be an advantage.
- Proactive, detail-oriented, and capable of managing multiple priorities under tight deadlines.
Qualifications and Experience:
- Bachelor’s degree in Accounting, Finance, or related field (Master’s/Professional qualification such as CA, ACCA, CPA preferred).
- 5–8 years of relevant experience in reconciliation, accounting, or financial reporting.
- Experience in working within a GCC, financial services, broking, or insurance industry will be an advantage.
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