Analyst : Cash & Position Reconciliation

Cognizant; Hyderabad; On-site; INR 400,000 - 560,000; Full time

Job summary

Cognizant in Hyderabad seeks a detail-oriented Analyst to perform daily cash and position reconciliation, investigate breaks, and ensure accuracy across multiple systems. You will maintain logs, coordinate with settlements, treasury, and custodians, and support audits. Fresh graduates with finance exposure may also be considered for junior roles.

The role requires strong Excel skills, effective communication, and the ability to handle high-volume reconciliations in a fast-paced environment.

Qualifications

• 1–4 years of experience in financial services operations, preferably reconciliation/settlements/fund accounting
• Basic understanding of cash flow, trade settlements, custodian processes and asset classes
• Familiarity with reconciliation tools (Intellimatch, AutoRek, SmartStream or similar) is an advantage
• Strong attention to detail with the ability to handle high-volume, repetitive processes accurately
• Good communication skills – written and verbal
• Proficiency in MS Excel (VLOOKUP, pivot tables, basic formulas); data tools a plus

Responsibilities

• Perform daily cash reconciliation across all accounts
• Match and clear cash entries across custodian statements and internal systems
• Identify, document, and investigate cash breaks in a timely manner
• Follow up with relevant teams (settlements, treasury, custodians) to resolve outstanding cash items
• Execute daily position reconciliation across equities, fixed income, and other assigned asset classes
• Match portfolio holdings across front office, middle office, and custodian records
• Investigate and document position breaks, including corporate action-related discrepancies
• Escalate unresolved or complex position breaks to the Team Lead promptly
• Maintain accurate and up-to-date break logs with investigation notes and resolution status
• Follow defined escalation procedures for aged or high-value breaks
• Liaise with internal teams and external counterparties to gather information needed for break resolution
• Ensure breaks are cleared within SLA-defined timelines
• Adhere to all SOPs, maker-checker controls, and quality guidelines at all times
• Maintain proper documentation of daily reconciliation activities and exception handling
• Flag process deviations, system issues, or data anomalies to the Team Lead
• Support periodic audits by providing required evidence and reconciliation records
• Prepare and submit daily reconciliation status reports and break summaries to the Team Lead
• Update reconciliation trackers, dashboards, and exception logs accurately
• Assist in preparing MIS data as required by the Team Lead or Team Manager

Skills

Attention to detail

MS Excel

Communication skills

High-volume processing

Education

Bachelor's degree in Finance, Commerce, Accounting, Economics, or related field

Fresh graduates with strong academic background in finance may be considered

Tools

Intellimatch

AutoRek

SmartStream

Job description

Role Purpose

The Analyst will be responsible for the accurate and timely execution of cash and position reconciliation tasks on a daily basis. Working under the guidance of the Team Lead, the Analyst will investigate and resolve reconciliation breaks, maintain exception logs, and ensure all processes are carried out in line with defined SOPs and quality standards. This role is foundational to the integrity of the reconciliation function.

Key Responsibilities

1. Cash Reconciliation

• Perform daily cash reconciliation across all accounts
• Match and clear cash entries across custodian statements and internal systems.
• Identify, document, and investigate cash breaks in a timely manner.
• Follow up with relevant teams (settlements, treasury, custodians) to resolve outstanding cash items.

2. Position Reconciliation

• Execute daily position reconciliation across equities, fixed income, and other assigned asset classes.
• Match portfolio holdings across front office, middle office, and custodian records.
• Investigate and document position breaks, including corporate action-related discrepancies.
• Escalate unresolved or complex position breaks to the Team Lead promptly.

3. Break Management & Resolution

• Maintain accurate and up-to-date break logs with investigation notes and resolution status.
• Follow defined escalation procedures for aged or high-value breaks.
• Liaise with internal teams and external counterparties to gather information needed for break resolution.
• Ensure breaks are cleared within SLA-defined timelines.

4. Controls & Documentation

• Adhere to all SOPs, maker-checker controls, and quality guidelines at all times.
• Maintain proper documentation of daily reconciliation activities and exception handling.
• Flag process deviations, system issues, or data anomalies to the Team Lead.
• Support periodic audits by providing required evidence and reconciliation records.

5. Reporting

• Prepare and submit daily reconciliation status reports and break summaries to the Team Lead.
• Update reconciliation trackers, dashboards, and exception logs accurately.
• Assist in preparing MIS data as required by the Team Lead or Team Manager.

Key Requirements

Experience & Skills

• 1–4 years of experience in financial services operations, preferably in reconciliation, settlements, or fund accounting.
• Basic understanding of cash flow, trade settlements, custodian processes, and asset classes.
• Familiarity with reconciliation tools (e.g., Intellimatch, AutoRek, SmartStream, or similar) is an advantage.
• Strong attention to detail with the ability to handle high-volume, repetitive processes accurately.
• Good communication skills — written and verbal.
• Proficiency in MS Excel (VLOOKUP, pivot tables, basic formulas); experience with data tools is a plus.

Education

• Bachelor's degree in Finance, Commerce, Accounting, Economics, or related field.
• Freshers with strong academic background in finance may be considered for junior analyst roles.