Bank Reconciliation Specialist|| InfoEdge|| Noida||

Role & responsibilities:

• Perform daily bank reconciliations to verify and match transactions between the company's records and bank statements.
• Identify and investigate any discrepancies or variances between the company's books and bank statements.
• Collaborate with the finance team to resolve outstanding items and reconcile any discrepancies found during the reconciliation process.
• Maintain accurate and up-to-date records of bank transactions, adjustments, and reconciliations.
• Monitor and analyze bank account activity, ensuring that all transactions are properly recorded and categorized.
• Assist in the identification and implementation of process improvements to streamline the bank reconciliation process and enhance efficiency and accuracy.
• Prepare periodic reports summarizing the status of bank reconciliations, outstanding items, other process related reporting and any notable issues or trends for management review.
• Stay updated on industry best practices, accounting regulations, and changes in banking procedures that may impact the bank reconciliation process.
• Collaborate with internal and external auditors during the audit process, providing necessary documentation and explanations related to bank reconciliations.
• Assisting in auditors and adhoc data requirement

Qualifications:

• Bachelor/Master's degree in accounting, finance, or a related field.
• Previous experience in bank reconciliation or accounting roles, preferably within an e-commerce or financial services environment.
• Understanding of accounting principles, financial concepts.
• Proficiency in using accounting software and tools, as well as MS Excel, PPT for data analysis and reconciliation purposes.
• Excellent analytical and problem-solving skills, with a keen attention to detail.
• Ability to work independently and manage multiple tasks simultaneously while adhering to deadlines.
• Familiarity with financial systems and ERP (Enterprise Resource Planning) software is preferred, Especially Microsoft NAV.
• High level of integrity and the ability to handle sensitive financial information with confidentiality.

Note: This job description provides a general outline of the responsibilities and qualifications for the Bank Reconciliation Specialist role. Actual duties and requirements may vary based on the organization's specific needs.

Preferred candidate profile