24 Sep
|
MostEdge
|
Vijayawada
24 Sep
MostEdge
Vijayawada
: Fuel Reconciliation Executive
Job Title: Fuel Analyst
Department: Flowtra (Fuel)
Location: Vijayawad
Reports To: Flowtra Manager
Job Summary
2 Years of experience into operations analyst side.
Responsible for end-to-end fuel reconciliation activities, including Network Batch Reconciliation (Credit Cards), Invoice Reconciliation, and Electronic Fund Transfer (EFT) Draft Reconciliation. The role ensures accuracy of fuel sales, timely settlements, compliance with financial controls, and prompt resolution of discrepancies across jobbers & card networks.
Key Responsibilities
1. Network Batch Reconciliation (Credit Cards)
- Reconcile daily and monthly credit card network batches (Visa, MasterCard, AmEx, Fleet Cards, etc.) against POS and fuel system sales.
- Verify batch totals, transaction counts, fees, chargebacks, and settlement amounts.
- Identify and resolve short settlements, missing batches, duplicate charges, and declined transactions
- Maintain explicit audit trails and reconciliation reports for management and audit.
2. Invoice Reconciliation
- Reconcile fuel supply, freight, tax, and service invoices against fuel delivery data and contractual pricing.
- Validate fuel volumes, pricing, taxes, discounts, allowances, and terms.
- Identify discrepancies related to price changes, volume variances, tax errors,
or missing invoices.
- Work closely with jobbers, vendors, and internal procurement teams to resolve invoice discrepancies.
- Ensure timely posting of approved invoices into the accounting system.
- Maintain invoice reconciliation schedules and supporting documentation.
3. EFT Reconciliation (Electronic Fund Transfer Drafts)
- Reconcile EFT drafts with bank statements, accounts receivable records, and system-generated drafts.
- Monitor successful execution of EFT drafts for Jobber and C-Store accounts.
- Identify and resolve NSF returns, partial drafts, over-drafts, and timing differences.
- Update draft adjustments due to pricing updates, credit limits, or contract changes.
- Coordinate with jobbers, and store operators to address payment issues.
Additional Responsibilities
- Prepare and maintain daily, weekly, and monthly reconciliation reports.
- Ensure all reconciliations meet internal control, audit, and compliance standards.
- Support internal and external audits by providing required documentation.
- Recommend process improvements to enhance reconciliation accuracy and efficiency.
Pay: ₹271,722.47 - ₹793,936.56 per year
Benefits
- Health insurance
- Provident Fund
Work Location: In person
📌 Analyst - Operations (Vijayawada)
🏢 MostEdge
📍 Vijayawada