Account Reconciliation Analyst / Senior 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 clear 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

- 5 + 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.
- Solid ownership mindset with the ability to clarify accountability, drive required actions and persistently follow through until sustainable resolution is achieved.

📌 Accounts Reconciliation (Bengaluru)
🏢 Careernet
📍 Bengaluru