Dear Candidate,

We are looking for a Recon Operations Executive (L1) to manage payment reconciliation, settlements, dispute handling, and General Ledger (GL) reconciliation for digital payment channels. The ideal candidate should have hands-on experience in payment operations, preferably across UPI, IMPS, AEPS, or Digital Banking ecosystems, with a strong understanding of NPCI processes.

Location: Nariman Point, Mumbai (Work from Office)
Experience: 1+ Years
Qualification: Any Graduate

Key Responsibilities:

1. Transaction Reconciliation (UPI/IMPS/AEPS)

- Perform daily reconciliation of UPI, IMPS, and AEPS transactions between internal systems, partner banks, payment gateways, and settlement files.
- Identify, investigate, and resolve transaction mismatches and reconciliation breaks.
- Monitor failed, reversed, timed-out, or pending transactions and ensure timely resolution or escalation.
- Verify inward and outward settlement amounts against bank statements and internal records.
- Maintain reconciliation reports with high accuracy and within defined TATs.

2. Settlement & Exception Handling

- Monitor daily settlement cycles for UPI, IMPS, and AEPS transactions.
- Investigate settlement exceptions and coordinate with NPCI, partner banks, and internal teams for resolution.
- Process chargebacks, refunds, reversals, and disputes in accordance with NPCI guidelines and internal SOPs.




- Ensure timely settlement adjustments and closure of outstanding exceptions.

3. General Ledger (GL) Reconciliation

- Post, verify, and reconcile payment-related entries in the General Ledger.
- Perform daily, weekly, and monthly reconciliation between GL accounts, settlement reports, and bank statements.
- Prepare reconciliation reports and recommend accounting adjustments wherever required.
- Ensure balances are accurately reconciled across Bank GL, Cash GL, Receivables, and Payables.

4. Reporting & Compliance

- Prepare daily MIS and reconciliation reports for management.
- Ensure compliance with internal controls, audit requirements, and regulatory guidelines.
- Maintain proper documentation for reconciliation, settlements, and dispute cases.
- Support internal and external audits by providing required reports and reconciliations.

Required Skills:

- 1+ years of experience in Payment Reconciliation, preferably in UPI, IMPS, AEPS, or Digital Banking.
- Good understanding of NPCI products, payment settlements, and dispute handling.
- Knowledge of GL reconciliation and basic accounting principles.
- Proficiency in Advanced MS Excel, MS Office, Outlook, and Tally ERP
- Robust analytical, problem-solving, and communication skills.

If you are interested and your profile matches the above requirements, please share your updated CV at [email protected]

📌 Urgent hiring For Reconciliation operations Executive (Navi Mumbai)
🏢 IDBI Intech
📍 Navi Mumbai