Associate - Reconcilation

PNG Jewellers; Pune District; On-site; INR 600,000 - 900,000; Full time

Job summary

PNG Jewellers in Pune, Maharashtra seeks an Account Reconciliation Specialist to ensure accurate financial records through daily to monthly reconciliations and by investigating discrepancies. You will work with finance, sales, and inventory to validate transactions and prepare detailed reports for management and audits.

The ideal candidate holds a Bachelor's degree in Accounting/Finance with at least 2 years of reconciliation experience, strong Excel skills (pivot tables, advanced formulas), and

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 2 years of experience in account reconciliation, preferably within the luxury goods or retail sector.
• Strong knowledge of accounting principles and practices, particularly related to reconciliation and financial reporting.
• Proficiency in financial software and Microsoft Excel, including pivot tables and advanced formulas.
• Exceptional attention to detail with strong analytical and problem-solving abilities.
• Excellent communication skills to liaise with cross-functional teams and management.
• Ability to manage multiple tasks and adhere to tight deadlines in a fast-paced environment.
• High level of integrity and confidentiality when handling sensitive financial information.

Responsibilities

• Perform daily, weekly, and monthly reconciliation of accounts to ensure accuracy and completeness of financial data.
• Investigate and resolve discrepancies identified during reconciliation processes in a timely manner.
• Collaborate with internal teams such as finance, sales, and inventory to validate transaction records and resolve issues.
• Prepare detailed reconciliation reports for management review, highlighting key findings and recommendations.
• Assist in the preparation of financial statements by ensuring reconciled data aligns with accounting records.
• Maintain and update reconciliation schedules and documentation in compliance with company policies and audit requirements.
• Support audit activities by providing relevant reconciliation records and responding promptly to audit inquiries.
• Continuously review and improve reconciliation processes to enhance efficiency and accuracy.

Skills

Attention to detail

Analytical thinking

Problem solving

Communication skills

Multitasking

Education

Bachelor's degree in Accounting/Finance

Tools

Microsoft Excel

Pivot tables

Advanced formulas

Job description

Role & responsibilities

• Perform daily, weekly, and monthly reconciliation of accounts to ensure accuracy and completeness of financial data.
• Investigate and resolve discrepancies identified during reconciliation processes in a timely manner.
• Collaborate with internal teams such as finance, sales, and inventory to validate transaction records and resolve issues.
• Prepare detailed reconciliation reports for management review, highlighting key findings and recommendations.
• Assist in the preparation of financial statements by ensuring reconciled data aligns with accounting records.
• Maintain and update reconciliation schedules and documentation in compliance with company policies and audit requirements.
• Support audit activities by providing relevant reconciliation records and responding promptly to audit inquiries.
• Continuously review and improve reconciliation processes to enhance efficiency and accuracy.

Preferred candidate profile

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 2 years of experience in account reconciliation, preferably within the luxury goods or retail sector.
• Strong knowledge of accounting principles and practices, particularly related to reconciliation and financial reporting.
• Proficiency in financial software and Microsoft Excel, including pivot tables and advanced formulas.
• Exceptional attention to detail with strong analytical and problem-solving abilities.
• Excellent communication skills to effectively liaise with cross-functional teams and management.
• Ability to manage multiple tasks and adhere to tight deadlines in a fast-paced environment.
• High level of integrity and confidentiality when handling sensitive financial information.