Reconciliation

Education: Graduate in any discipline

No of hiring: 2

Location: Rajasthan

Experience: 1-2 Years of experience in Recon and settlement services.

Job Description:

• Monitor all banking activities in order to detect irregularities

• Investigate all transactions in order to prevent fraud

• Provide feedback to the accounting department on how to improve on internal controls, and also pinpoint areas where risks relating to banking transactions can be minimized

• Provide documentation for the purpose of supporting all financial transactions

• Prepare monthly bank reconciliation reports regarding all cash deposits to the bank(s)

• Assist auditors – internal and external – with documentation required for the auditors to do their job satisfactorily

• Perform the reconciliation and verification of accounts regarding cash at hand and cash at bank

• Reconcile and process transactions that are complex in nature

• Maintain required files, reports, and data

• Reconcile and rectify all ledger accounts belonging to customers

• Reconcile accounts that fall into receivable records with the sales invoices

• Maintain constant contacts with the company’s customers

• Follows up all transactions continuously and provide updates to the management

• Adhere to corporate standards and procedures in all reconciliation activities

• Improve personal skill set regarding software proficiency, financial analysis and data processing

• File all prepared accounts in a well-organized manner

• Track all inventories regularly and report to the management with the inventory records

• Reconcile discrepancies in different accounts

• Answer customers or clients questions regarding any financial issues

• Perform all other related duties as assigned to meet the needs of the organization

• Collaborate with the storekeeper regarding stocks available in the store or warehouse.