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.