Reconciliation Analyst

Ikrux; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

Ikrux is seeking a Reconciliation Analyst in Bengaluru to ensure timely and accurate delivery of portfolio status updates to clients. You will review data daily, resolve issues, and collaborate with data providers and internal teams.

The role requires strong Excel skills and a solid grasp of financial concepts, GAAP/IFRS knowledge is a plus, and you will work closely with various stakeholders to maintain data integrity.

Qualifications

• Bachelor's degree in accounting, finance, business, mathematics, sciences, or related field.
• Basic understanding of investment, financial, and accounting concepts.
• Knowledge of GAAP and/or IFRS is advantageous.
• Basic understanding of standard security types.
• Securities or financial markets experience preferred.
• Strong Excel skills (VLOOKUP, SUMIF, Pivot Tables, VBA).
• Excellent attention to detail and documentation.
• Excellent verbal and written communication skills.
• Strong organizational and interpersonal skills.
• Exceptional problem-solving abilities.

Responsibilities

• Meet daily deadlines for reviewing and updating reporting data.
• Investigate and address issues within the reconciliation system through problem-solving and escalation as needed.
• Create and maintain relationships with data providers, clients, and internal stakeholders.
• Demonstrate curiosity regarding product innovation opportunities.
• Develop familiarity with and competency in using internal tools and processes.
• Understand financial concepts and apply them to reconciliation errors.
• Communicate effectively with internal and external parties to submit inquiries and provide timely updates on issues.

Skills

Attention to detail

Verbal and written communication

Problem-solving

Interpersonal skills

Organizational skills

Financial concepts understanding

Data reconciliation mindset

Education

Bachelor's degree in accounting, finance, business, mathematics, sciences, or related field

Tools

Microsoft Excel (VLOOKUP, Pivot Tables, VBA)

MS Office

Job description

The Reconciliation Analyst is responsible for comparing investment portfolio data from external sources with an advanced web-based system. Their primary responsibility is to guarantee the prompt and precise delivery of comprehensive portfolio status updates to clients on a daily basis.

Responsibilities:

• Meet daily deadlines for reviewing and updating reporting data.
• Investigate and address identified issues within the reconciliation system through problem-solving, seeking support from mentors and department experts as needed.
• Create and maintain valuable relationships with data providers, clients, and internal stakeholders.
• Demonstrate curiosity regarding product innovation opportunities.
• Develop familiarity with and competency in using internal tools and processes.
• Understand financial concepts and apply them to reconciliation errors.
• Communicate effectively with internal and external parties to submit inquiries and provide timely updates on relevant issues.

Required Skills:

• Basic understanding of investment, financial, and accounting concepts.
• Knowledge of GAAP and/or IFRS will be an added advantage.
• Basic understanding of standard security types.
• Securities or financial markets experience preferred.
• Advanced ability in Microsoft Excel (VLOOKUP, SUMIF, Pivot Tables, VBA, etc.) preferred.
• Finance and/or accounting experience preferred.
• Strong computer skills, including proficiency in Microsoft Office.
• Excellent attention to detail and strong documentation skills.
• Outstanding verbal and written communication skills.
• Strong organizational and interpersonal skills.
• Exceptional problem-solving abilities.

Education and Experience:

Bachelor's degree in accounting, Finance, Business, Mathematics, Sciences, or another related field.