Job Description
Job Description: Bank Reconciliation Specialist
Position Overview:
A Bank Reconciliation Specialist plays a critical role in ensuring the accuracy and integrity of a company's financial records. The primary responsibility of this role is to reconcile the company's bank accounts with its internal financial records, identify discrepancies, and resolve any issues promptly. This position requires a strong attention to detail, excellent analytical skills, and a thorough understanding of financial transactions.
Key Responsibilities:
1. Bank Reconciliation:
- Perform daily, weekly, or monthly bank reconciliations for multiple accounts.
- Compare and match the transactions recorded in the company's accounting system with bank statements.
- Identify and investigate any discrepancies or variances between the two sets of records.
- Resolve outstanding items by communicating with internal teams, banks, or other relevant parties.
- Ensure all reconciling items are cleared and discrepancies are resolved in a timely manner.
2. Transaction Analysis:
- Review and analyze financial transactions to ensure accuracy and completeness.
- Classify and code transactions correctly, ensuring they are posted to the appropriate accounts.
- Verify that bank fees, interest charges, and other banking transactions are accurately recorded.
3. Documentation and Reporting:
- Maintain accurate and up-to-date records of reconciliations and supporting documentation.
- Prepare reports summarizing reconciled accounts, outstanding items, and other financial metrics as required.
Qualifications and Skills:
- Education - Bcom/Mcom
- Experience - minimum 2-6 years of accounting experience
- Proven experience in bank reconciliation or a similar role, preferably in a corporate or financial institution setting.
- Must have proficiency in MIS Reporting
-Excellent knowledge of Advance Excel
- Good knowledge of Tally, Oracle & MS Office
Immediate Joiners Preferred
Please Note:
You will be deputed on AZG Consulting LLP (infinzi) payroll and will be deputed at client office located at Marol Naka, Andheri East. This is NOT a third party payroll arrangement but a full time accounting service opportunity.
Job Type: Full-time
Pay: ₹250,000.00 - ₹450,000.00 per year
Ability to commute/relocate:
Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (Required)
Application Question(s):
Where do you stay in Mumbai ?
What is your Current CTC ?
What is your Expected CTC ?
What is your Notice Period ?
Is Andheri Marol Location fine for you ?
Can you join us Immediately?
Are you okay for Monday to Saturday working ?
Do you have experience in MIS Reporting ?
Experience:
Accounts payable: 2 years (Preferred)
Work Location: In person
Position Overview:
A Bank Reconciliation Specialist plays a critical role in ensuring the accuracy and integrity of a company's financial records. The primary responsibility of this role is to reconcile the company's bank accounts with its internal financial records, identify discrepancies, and resolve any issues promptly. This position requires a strong attention to detail, excellent analytical skills, and a thorough understanding of financial transactions.
Key Responsibilities:
1. Bank Reconciliation:
- Perform daily, weekly, or monthly bank reconciliations for multiple accounts.
- Compare and match the transactions recorded in the company's accounting system with bank statements.
- Identify and investigate any discrepancies or variances between the two sets of records.
- Resolve outstanding items by communicating with internal teams, banks, or other relevant parties.
- Ensure all reconciling items are cleared and discrepancies are resolved in a timely manner.
2. Transaction Analysis:
- Review and analyze financial transactions to ensure accuracy and completeness.
- Classify and code transactions correctly, ensuring they are posted to the appropriate accounts.
- Verify that bank fees, interest charges, and other banking transactions are accurately recorded.
3. Documentation and Reporting:
- Maintain accurate and up-to-date records of reconciliations and supporting documentation.
- Prepare reports summarizing reconciled accounts, outstanding items, and other financial metrics as required.
Qualifications and Skills:
- Education - Bcom/Mcom
- Experience - minimum 2-6 years of accounting experience
- Proven experience in bank reconciliation or a similar role, preferably in a corporate or financial institution setting.
- Must have proficiency in MIS Reporting
-Excellent knowledge of Advance Excel
- Good knowledge of Tally, Oracle & MS Office
Immediate Joiners Preferred
Please Note:
You will be deputed on AZG Consulting LLP (infinzi) payroll and will be deputed at client office located at Marol Naka, Andheri East. This is NOT a third party payroll arrangement but a full time accounting service opportunity.
Job Type: Full-time
Pay: ₹250,000.00 - ₹450,000.00 per year
Ability to commute/relocate:
Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (Required)
Application Question(s):
Where do you stay in Mumbai ?
What is your Current CTC ?
What is your Expected CTC ?
What is your Notice Period ?
Is Andheri Marol Location fine for you ?
Can you join us Immediately?
Are you okay for Monday to Saturday working ?
Do you have experience in MIS Reporting ?
Experience:
Accounts payable: 2 years (Preferred)
Work Location: In person
💡 Quick Summary
Seeking a career-building opportunity? The Bank Reconciliation Specialist position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
