Key Responsibilities:

Perform daily, weekly, and monthly bank reconciliations for multiple accounts, ensuring all cash-related transactions are accurately recorded.
Investigate and resolve discrepancies between bank statements and general ledger balances.
Collaborate with the Accounts Payable, Accounts Receivable, and Treasury teams to resolve outstanding reconciling items.
Ensure all reconciling items are appropriately categorized and cleared in a timely manner.
Ensure proper documentation and record-keeping for all bank reconciliations.
Participate in the month-end and year-end close processes, ensuring all cash accounts are reconciled accurately and timely.
Monitor and track daily cash balances and bank activities.
Support internal and external audits by providing necessary documentation related to bank reconciliations.
Assist with process improvements to streamline reconciliation and cash management activities.




Ensure compliance with company policies, internal controls, and relevant accounting standards.

Qualifications:

Bachelor’s degree in accounting, Finance, or a related field.
1-3 years of experience in accounting or cash management, preferably in a reconciliation-focused role.
Solid knowledge of bank reconciliation processes and accounting principles.
Proficiency in accounting software and ERP systems (e.g., QuickBooks, PeopleSoft, AX, SAP, or similar).
Advanced proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUP, and data analysis tools).
High attention to detail, analytical skills, and the ability to handle multiple bank accounts.
Excellent problem-solving abilities and communication skills.
Ability to work under pressure and meet tight deadlines.

📌 Staff Accountant (Vadodara)
🏢 Magnit
📍 Vadodara