Reconciliation Specialist

TCS Pune Virtual Drive for Reconciliations!

Job Summary:

Skill

Desired

Work Location

All candidates should be comfortable with Rotational Week-off / 5 Days Work From Office

Education and Experience:

- Full time regular education (10+2+3)

- Commerce graduates with Finance/Accounting degree

- 8 to 10 years of relevant work experience

- End to End Knowledge in Reconciliation

- Good understanding of financial reconciliations and cash management functions

- Good understanding of accounting principles and practices

- Knowledge of Data Protection Act and Money Laundering

- Good knowledge of Word, Excel, PowerPoint or database applications

[Reconciliations]

Overall Job Purpose:

This role profiles requires the incumbent to liaise with key stakeholders, review and agree SLA’s at appropriate intervals and ensure delivery of the same to the satisfaction of the stakeholders. Process improvement and process rationalisation of existing processes. Strong Communication and interpersonal skills which would help expectation management of team members and stakeholders.

Financial Job Dimensions:

· Resolving complexities on control account reconciliations due to system failures, etc.

· Ensure SLA’s agreed with the business are met within the timelines

· Process improvement and rationalisation of procedures and processes

Non-Financial Job Dimensions:

· Managing 3-5 staff

· Automation of Manual Reconciliations in TLM or other accredited applications

· Relationship Management with Stakeholders

Accountabilities/Responsibilities:

· Responsible for the people management / leadership of the area ensuring that all staff are appropriately trained and performance managed against agreed objectives

· Ensure daily production operates within SLA by planning and scheduling work efficiently

· Ensure all bank and suspense accounts owned by the area are regularly reconciled , reviewed within SLA and that outstanding items are reduced to a minimum

· Ensure all Financial Control procedures are followed, adhere to compliance and regulatory requirements as defined for the team

· To assist in any audits taking place and clear any audit points that are raised within the timescale given.

· Respond to escalated queries from customers.

· Ensure smooth functioning, management and deliver during Business Continuity.

· Co-ordinate & discuss team performance with stakeholders

· Resolve complex queries from team of a technical nature or where necessary refer to manager / technician or appropriate third party.

· Support team in day-to-day production and spike in Volumes.

· Prepare and implement robust cross training plans

· Prepare and report monthly MI for operational and admin aspects.

· Co-ordinate and Improve data security and process efficiency in the team

· Maintain and build effective and excellent working relationships with colleagues /customers and Stake holders.

· Timely review of procedure notes

· Maintain and implement personal development plan in partnership with immediate manager

· To demonstrate a positive risk, compliance and control culture through the identification, assessment, monitoring and management of risks and issues within the business area, alongside ensuring timely and appropriate resolution of control weaknesses, actions and failures that arise.

Skills:

· Good communication skills both oral and written

· Good presentation skills

· Ability to monitor a SOx compliant control environment

· Analytical skills

· Decision making skills

· Ability to think out of the box

· Time management

· Customer complaint handling skills

Behaviours:

· Proactive and a self starter

· Team Motivator