Reconciliation Associate

Clearwater Analytics; Dadri; On-site; INR 350,000 - 520,000; Full time

Job summary

Clearwater Analytics in India seeks a Reconciliation Associate to compare investment portfolio data from external sources with our advanced web-based system. The role ensures prompt, precise daily portfolio status updates to clients.

Ideal candidates have 2+ years in reconciliation or finance, a finance-related degree, and strong Excel skills (VBA, Pivot Tables). Excellent communication and problem-solving abilities are essential.

Qualifications

• Basic understanding of investment, financial, and accounting concepts.
• Finance and/or accounting experience preferred.
• Knowledge of GAAP and/or IFRS will be an added advantage.
• Basic understanding of standard security types.
• Securities or financial markets experience preferred.

Responsibilities

• Meets daily deadlines for the review and update of reporting data.
• Investigates and takes action on identified issues within the reconciliation system through problem-solving, seeking support from mentors and department experts as needed.
• Creates and maintains valuable relationships with data providers, clients, and internal stakeholders.
• Contributes feedback to product teams on internal projects as requested.
• Demonstrates familiarity and competency with internal tools and processes.
• Understands financial concepts and can apply them to reconciliation errors.
• Effectively communicates with internal and external parties to submit inquiries and provide timely updates on relevant issues.

Skills

Investment concepts

Accounting concepts

GAAP/IFRS knowledge

Securities/financial markets

Attention to detail

Communication skills

Problem solving

Interpersonal skills

Education

Bachelor's degree in finance or analytical field

Tools

Microsoft Excel

VBA

Job description

Job Summary

The Reconciliation Associate 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.

Job Summary

The Reconciliation Associate 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

• Meets daily deadlines for the review and update of reporting data.
• Investigates and takes action on identified issues within the reconciliation system through problem-solving, seeking support from mentors and department experts as needed.
• Creates and maintains valuable relationships with data providers, clients, and internal stakeholders.
• Contributes feedback to product teams on internal projects as requested.
• Demonstrates familiarity and competency with internal tools and processes.
• Understands financial concepts and can apply them to reconciliation errors.
• Effectively communicates 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.
• Finance and/or accounting experience preferred.
• 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.
• 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 a finance-related and analytical field.
• 2+ years of directly applicable experience (reconciliation, accounting, or finance)