Junior Associate - Financial Operations (Reconciliation)

Junior Associate - Financial Operations (Reconciliation)

Experience: 0–2 Years (Junior Associate)

Location: Bangalore - Bellandur (Ecoworld)

Department: Financial Operation - Reconciliation

About the Role

We are looking for a detail-oriented and analytical professional to join our Reconciliation team. The role involves daily bank MIS reconciliation, fund matching, and coordination with banks to resolve payment-related discrepancies.The ideal candidate should have strong analytical skills, hands-on Excel expertise, and the ability to work in a fast-paced financial operations environment.

Key Responsibilities

• Perform daily Bank MIS reconciliation with system data to ensure accuracy and completeness.
• Match and balance funds at day-end and ensure proper closure of financial positions.
• Identify, analyze, and resolve discrepancies between bank statements and internal systems.
• Coordinate with partner banks for reconciliation breaks, settlement issues, and payment-related queries.
• Research and resolve payment discrepancies including failed, delayed, or unidentified transactions.
• Track unidentified credits and debits and ensure timely closure.
• Prepare and maintain reconciliation reports, dashboards, and trackers using Excel and Google Sheets.
• Escalate critical issues to internal stakeholders and follow up for resolution.
• Ensure compliance with internal controls, SOPs, and audit requirements.
• Support month-end and financial year-end closing activities.
• Contribute towards process improvements and automation initiatives in reconciliation workflows.

Required Skills & Competencies

• Strong understanding of bank reconciliation and financial operations.
• Good knowledge of payment flows (NEFT/RTGS/IMPS/UPI/CARD/Net Banking).
• Strong analytical and problem-solving skills.
• Hands-on experience in MS Excel (VLOOKUP/XLOOKUP, Pivot Tables, basic formulas).
• Working knowledge of MS Word, Google Sheets, and Google Docs.
• Good communication skills to coordinate with banks and internal stakeholders.
• Ability to work with large datasets and meet daily deadlines.
• High attention to detail and ownership mindset.

Eligibility Criteria

• Postgraduate degree in Commerce or Finance (M.Com / MBA Finance or equivalent preferred).
• 0–2 years of relevant experience in reconciliation within the payment gateway / fintech industry.
• Strong understanding of payment operations, bank settlements, and card/upi transaction lifecycle.