Job Description

Position Objective

The Bank Reconciliation & Allocation Specialist aims to ensure the accurate and timely reconciliation of bank accounts and allocation of cash receipts across multiple regions and business entities. The Bank Reconciliation & Allocation Specialist is responsible for performing daily reconciliations, allocating payments to customer accounts, resolving discrepancies, maintaining data integrity within Certinia, and providing transparent, professional support to internal teams and external customers.

Key Responsibilities

ACCOUNTABILITY

ACTIVITIES

Daily Bank Reconciliations
- Perform daily reconciliations for all 150 customer bank accounts across 14 entities and bank accounts, ensuring that all transactions are accurately matched and reconciled within Certinia.
- Investigate and resolve any unreconciled items promptly, including unapplied cash, unmatched debits/credits, and bank errors.
- Proactively identify and escalate long-outstanding or complex reconciliation issues to the relevant finance team members or management.

Cash Receipt Allocation




- Accurately allocate high volumes of cash receipts (from approximately 1700 invoices per month) to customer debtor accounts based on remittances received.
- Liaise directly with customers or internal account management teams to obtain clear remittance advice when necessary.
- Process cash allocations efficiently, ensuring the correct invoice matching and timely update of customer accounts in Certinia.
- Handle partial payments, overpayments, and underpayments, ensuring proper accounting treatment and communication.

Certinia System Management
- Utilize Certinia (formerly FinancialForce) as the primary finance system for all bank reconciliation, cash application, and debtor management activities.
- Leverage Certinia's functionalities to import bank statements, automate matching where possible, and process manual allocations.
- Ensure all data entry and transaction processing within Certinia adher

📌 Bank Reconciliation Specialist (Noida)
🏢 CXC
📍 Noida