Job Description

- Cash & Check Reconciliation Function, Responsibility Level: Accounts / Sr Accounts Associate Reports to (Responsibility Level): Assistant Manager / TL - Operations Supervises: Global Grade: Cost Center (85 series): Complexity: C4T4 PID/s Load Mapping: Position Summary Perform a variety of accounting reconciliation functions to report financial information in accurate and timely manner. Follow-up with banks and lines of business at client-end for closure of accounting open items. Maintain data and records in accordance with generally accepted accounting principles and reporting requirements. Produce monthly reconciliation statements. Job Responsibilities Analyze, validate and process transactions as per Desktop procedures (L3 & L4). Reconcile bank to ledger transactions for all accounts. Analyze and research all discrepancies in various applications tools. Investigate and resolve outstanding items. Follow-up with banks and other internal customers for closure of open items and provide back-up for all discrepancies. Prepare basic financial reports. Perform mid-month, month-end and quarter-end activities as per documented desktop procedures. Ensure that the assigned targets are met in accordance with SLA and Internal standards. Ensure that the quality of transaction is in compliance with predefined parameters as defined by Process Excellence. Ensure adherence to established attendance schedules. Knowledge, Skills and Abilities Education Graduate in Accounting / Commerce / Business Administration with at least 15 years of education. Experience Minimum six months of work experience in a related field is required. Experience in Insurance organizations, Banks shall be preferred. Fresher college graduates can be considered. Knowledge and skills (general and technical) Good computer navigation skills Good keyboarding speed Good knowledge of complete MS Office suite Knowledge about the Insurance industry in US Knowledge about US Culture Knowledge of Accounting principles Proficiency in English Communication skills - should be able to read, interpret business documents. Good oral/written communication Analytical and interpersonal skills Escalate issues if required Data gathering ability/ Eye for detail Team work/ Managing Self / Adaptability Ability to work successfully in production driven environment Adaptability to change Ability to work on routine/standardized transactions Self-disciplined and result oriented Ability to multi task Ability to work effectively as part of a team Other Requirements (licenses, certifications, specialized training - if required) N/A Working Relationships Internal Contacts (and purpose of relationship): AM for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking feedback and support. Manager for the purpose of settling issues left unresolved by the AM and monthly evaluation of performance. Associate Accountants for the purpose of seeking cooperation & clarification on process-related matters & providing assistance and support when required. Subject Matter Expert for the purpose of work thread related issues and escalated transactions. QCA / Finance Specialist for the purpose of feedback and audit. Trainers for the purpose of Pre-process and Process training.

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