Posted:2 months ago| Platform:
Work from Office
Full Time
Position Title : Assistant Manager Bank Reconciliations Location : Hyderabad Role Summary We are seeking a highly skilled and detail-oriented professional to join our Finance team as an Assistant Manager Bank Reconciliations . This role is responsible for performing accurate and timely reconciliations of bank accounts for the parent company and its U.S.-based subsidiaries. The role ensures the integrity of internal controls through adherence to defined reconciliation processes and contributes to the efficiency and effectiveness of monthly financial close activities. Key Responsibilities Prepare and perform reconciliations of bank accounts to the general ledger for both parent and subsidiary entities. Collaborate with cross-functional teams including Corporate Accounting, Accounts Payable, Accounts Receivable, and Treasury to investigate and resolve variances with proper documentation. Record journal entries in the general ledger to clear reconciling items accurately and efficiently. Generate and distribute summary break reports to relevant stakeholders. Develop and maintain documented policies and procedures for bank reconciliation processes. Support month-end close processes by ensuring timely and accurate reconciliations. Coordinate and respond to audit requests during quarterly and annual audits. Drive process improvements and support IT teams in system enhancements to streamline reconciliation procedures. Maintain daily communication with management on issues, aged items, and status updates. Qualifications and Skills Bachelor's degree in Accounting or Finance. 10-16 years of relevant experience in accounting or bank reconciliations. Prior experience with cash/bank reconciliation systems such as DUCO is preferred. Ability to manage high volumes of reconciliations across multiple bank accounts efficiently. Strong analytical skills with proficiency in Microsoft Excel (e.g., Pivot Tables, VLOOKUP). Proactive problem solver with strong attention to detail and critical thinking skills. Excellent communication and collaboration abilities; capable of working in cross-functional teams. Strong organizational skills and the ability to manage multiple priorities under tight deadlines.
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Staffing and Recruiting
201-500 Employees
36 Jobs
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