Associate - Reconciliation

Job Description

Founded in 2013, Instantpay is a trailblazer in the digital financial domain, dedicated to equipping businesses of all scales with advanced banking and financial solutions. This dynamic platform integrates banking, payments, collections, expenses, and developer APIs, offering a one-stop solution for modern financial needs. At its core, Instantpay features a current account, ensuring effortless fund management for businesses. The platform excels in efficient payout and collection systems, simplifying monetary transactions. Its expense management tool aids businesses in monitoring and managing expenditures effectively. Understanding the significance of rewards, Instantpay presents customizable gift cards for both corporate and personal purposes. Addressing the financial hurdles businesses encounter, we offer working capital loans to ensure uninterrupted operations. For those aiming to incorporate Instantpay's prowess into their infrastructure, robust APIs facilitate seamless integration, amplifying functionalities. In summary, Instantpay isn't merely a financial platform but an all-encompassing ecosystem addressing diverse financial requirements, catering to both individuals and businesses. We are seeking an experienced Associate to join our Finance department as an Associate - Reconciliation . The ideal candidate should have a minimum of 2 years of experience in a similar role. The primary responsibility of this position is to ensure accurate financial records by reconciling various accounts and transactions. Roles and Responsibilities: Perform daily, monthly, and yearly reconciliation of bank accounts, sales, purchases, and other financial transactions. Identify and resolve discrepancies on time. Collaborate with internal teams to investigate and correct reconciliation errors. Maintain accurate and up-to-date reconciliation documentation. Develop and implement efficient reconciliation processes and procedures. Generate reports summarizing reconciliation results for management review. Stay updated with industry best practices related to reconciliation processes. Handle Vendor escalations and their queries. Requirements & Skills: Bachelor's degree in Finance, Accounting, or a related field. Minimum 2 years of experience in a MIS role. Proficient in using MS Excel. Strong communication skills, both verbal and written. Ability to work independently and collaboratively in a team environment. Basic accounting knowledge is must. Show more Show less