Account Reconciliation Analyst

The Role

The Account Reconciliation Analyst is responsible for analyzing, reconciling, and driving

resolution of GR/IR, Trade, Leasing, Consignment, and other clearing or control account

balances. The role focuses on reducing aged open items through detailed investigation,

root-cause analysis, and coordination of corrective actions across Procurement,

Accounts Payable, Logistics, Receiving, and Finance teams.

Key Responsibilities

Open-Item Analysis & Resolution

• Perform detailed analysis of GR/IR, Trade, Leasing, Consignment, and other

clearing or control account balances.

• Review aged open items, unresolved balances, and recurring exceptions

requiring investigation and action.

• Investigate discrepancies across purchase orders, goods receipts, supplier

invoices, delivery documents, approvals, and accounting postings.

• Identify root causes of outstanding balances, draw conclusions, and define

corrective actions with the appropriate stakeholders.

• Drive resolution of aged, complex, and unclear ownership items through effective

follow-up, stakeholder engagement, and escalation where necessary.

• Ensure outstanding items are properly explained, documented, and resolved to

support balance sheet integrity and prevent recurrence.

Account Reconciliation & Financial Close Support

• Prepare and perform balance sheet reconciliations for assigned accounts in

accordance with company policies and financial controls.

• Support month-end, quarter-end, and year-end close activities for assigned

reconciliation areas.

• Validate account balances, investigate variances, interpret open items, and

provide clear supporting documentation.

• Ensure reconciliation activities are completed accurately, on time,



and with

appropriate evidence for review and control purposes.

• Maintain reconciliation records and analysis to support internal and external audit

requirements.

Root Cause Analysis & Process Improvement

• Analyze recurring reconciliation issues and identify process weaknesses

across Accounts Payable flows.

• Recommend corrective actions to reduce aged balances, blocked invoices,

clearing differences, and recurring open items.

• Work with Procurement, AP Operations, Logistics, Receiving, Business users,

and Finance teams to improve data quality, process compliance, and transaction

accuracy.

• Support standardization, reporting improvements, and continuous improvement

activities related to reconciliation and open-item management.

Stakeholder Management & Cross-Functional Coordination

• Build effective working relationships across Procurement, Logistics, AP, Finance,

and Business functions to accelerate resolution of complex reconciliation issues.

• Influence stakeholders to prioritize aged, high-risk, and financially significant

open items.

• Challenge unclear ownership, insufficient action plans, and recurring delays that

impact account reconciliation and balance sheet integrity.

• Align cross-functional teams on required actions, responsibilities, and resolution

timelines.





• Act as a trusted point of contact for reconciliation matters, providing transparent

explanations of balances, risks, and required remediation actions.

• Support internal and external audits through effective stakeholder coordination,

issue resolution, and balance sheet transparency.

Reporting & Analytics

• Analyze financial and operational data to identify trends, risks, and improvement

opportunities.

• Provide management with actionable insights and recommendations based on

analytical findings.

• Support KPI monitoring and reporting related to reconciliation performance and

issue resolution.

Candidate Profile

• 6 8 years of experience as an Accounts Payable Analyst, Account

Reconciliation Analyst or in a similar finance operations role.

• Experience in accounting, balance sheet reconciliation, financial operations, or

open-item management.

• Strong understanding of end-to-end Accounts Payable process, goods receipt,

invoice processing, payment, and clearing flows.

• Proven ability to analyze and reconcile GRIR, Trade, Leasing, Consignment, and

other clearing or control account balances.

• Ability to interpret balances, open items, aging, variances, and transaction-level

details to identify root causes and required actions.

• Experience working with SAP FI and MM modules; ability to navigate financial

and procurement-related postings and documents (S/4HANA exposure

preferred).

• Strong analytical mindset, advanced Microsoft Excel skills, and ability to work

with large data sets.

• Strong ownership mindset with the ability to clarify accountability, drive required

actions and persistently follow through until sustainable resolution is achieved.

📌 Accounts Reconciliation Specialist (Bengaluru)
🏢 Careernet
📍 Bengaluru