Customer Reconciliation

Wonderchef; Mumbai; On-site; INR 600,000 - 1,100,000; Full time

Job summary

Wonderchef in Mumbai is seeking a Customer Reconciliation Assistant Manager to join the Finance team. You will perform daily to monthly customer account reconciliations, match invoices with payments, and coordinate with Sales, Dispatch, Billing, and Finance to resolve discrepancies.

The role requires 3–5 years in reconciliation, strong Excel skills (VLOOKUP, Pivot Tables), and knowledge of Navision Business Central. A stabilization in financial close and MIS reporting will be part of your duties.

Qualifications

• B.Com, Accounting, or Finance degree required.
• CA Inter / CMA Inter / MBA (Finance) preferred.
• 3–5 years of relevant reconciliation experience.

Responsibilities

• Perform daily/weekly/monthly customer account reconciliations.
• Reconcile customer ledgers with company books and identify differences.
• Match invoices, payments, credit notes, debit notes, and outstanding balances.
• Follow up with customers for payment details, pending invoices, and balance confirmations.
• Investigate unapplied receipts, short payments, excess payments, and disputed amounts.
• Coordinate with Sales, Dispatch, Billing, Collections, and Finance teams.
• Prepare customer-wise outstanding and reconciliation statements.
• Maintain records of reconciliation workings and supporting documents.
• Monitor overdue balances and highlight long-pending items to management.
• Ensure timely closure of reconciliation differences.
• Support month-end closing, audit requirements, and customer balance confirmations.
• Prepare MIS reports related to receivables, collections, and reconciliation status.

Skills

Accounts Receivable

Customer ledger reconciliation

Microsoft Navision Business Central

MS Excel

GST knowledge

Communication skills

Analytical thinking

Detail-oriented

Education

Bachelor's Degree in Commerce, Accounting, or Finance

CA Inter / CMA Inter / MBA (Finance) preferred

Tools

MS Excel

Job description

Job Title: Customer Reconciliation Assistant Manager
Department: Finance / Accounts
Reporting To: Finance Manager / Accounts Manager

Key Responsibilities

• Perform daily/weekly/monthly customer account reconciliation.
• Reconcile customer ledgers with company books and identify differences.
• Match invoices, payments, credit notes, debit notes, and outstanding balances.
• Follow up with customers for payment details, pending invoices, and balance confirmations.
• Investigate and resolve unapplied receipts, short payments, excess payments, and disputed amounts.
• Coordinate with Sales, Dispatch, Billing, Collections, and Finance teams for reconciliation issues.
• Prepare customer-wise outstanding and reconciliation statements.
• Maintain proper records of reconciliation workings and supporting documents.
• Monitor overdue balances and highlight long-pending items to management.
• Ensure timely closure of reconciliation differences.
• Support month-end closing, audit requirements, and customer balance confirmations.
• Prepare MIS reports related to receivables, collections, and reconciliation status.

Required Skills

• Good knowledge of Accounts Receivable and customer ledger reconciliation.
• Strong knowledge of Microsoft Navision Business central
• Strong knowledge of MS Excel (VLOOKUP/XLOOKUP, Pivot Tables, filters, formulas).
• Knowledge of GST, invoices, credit/debit notes is an advantage.
• Good communication and follow-up skills.
• Strong analytical and problem-solving ability.
• Attention to detail and ability to handle large volumes of transactions.

Key Performance Areas (KPIs)

• Timely completion of customer reconciliations.
• Reduction in unreconciled/unapplied amounts.
• Accuracy of customer outstanding balances.
• Timely resolution of customer disputes.
• Timely submission of reconciliation and MIS reports.

Qualifications

• Bachelor's Degree in Commerce (B.Com), Accounting, or Finance.
• CA Inter / CMA Inter / MBA (Finance) preferred.
• 3-5 years of relevant experience in Reconcillation.