Position: Accounts Executive - Bank Reconciliation
Location: Sakinaka, Mumbai
Department: Finance & Accounts
Employment Type: Full-Time
Experience Required: 1-2 Years
Qualification: Bachelor's degree in Commerce (B.Com) or equivalent. M.Com or MBA (Finance) will be preferred.
Position Overview
Key Responsibilities
- Perform daily, weekly, and monthly bank reconciliations for multiple bank accounts.
- Investigate and resolve discrepancies between bank statements and accounting records.
- Record and reconcile bank transactions, including receipts, payments, transfers, and charges.
- Coordinate with banks to resolve transaction-related issues and obtain required documentation.
- Prepare reconciliation reports and maintain supporting schedules.
- Monitor unreconciled items and ensure timely closure.
- Assist in month-end and year-end financial closing activities.
- Support accounts payable and accounts receivable reconciliation when required.
- Maintain accurate accounting records and ensure compliance with internal controls and company policies.
- Prepare MIS reports related to banking and reconciliation activities.
- Collaborate with internal departments to resolve accounting queries.
- Assist during internal and statutory audits by providing necessary documentation.
Required Skills:
- Strong knowledge of bank reconciliation and accounting principles.
- Valuable understanding of Tally ERP, ERP systems, or other accounting software.
- Advanced proficiency in Microsoft Excel (VLOOKUP, Pivot Tables, formulas, data analysis).
- Excellent analytical and problem-solving skills.
- High attention to detail and accuracy.
- Good communication and interpersonal skills.
- Ability to manage multiple tasks and meet deadlines.
Preferred Qualifications
- Experience in handling multiple bank accounts and high-volume transactions.
- Knowledge of GST, TDS, and basic taxation will be an added advantage.
- Experience working in a corporate finance environment.