Reconciliation Manager

Milestone Career Planner; Ernakulam; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

Milestone Career Planner is seeking an experienced Manager to lead end-to-end reconciliation operations across banking partners, focusing on remittance transactions, settlement accounts, and safeguarding flows. The role emphasizes fintech domain expertise to ensure regulatory compliance and robust financial controls in a high-volume environment.

Responsibilities include monitoring reconciliations, resolving variances, conducting root-cause analyses, and ensuring audit-ready documentation while

Qualifications

• Bachelor's or Master's degree in Finance, Accounting, Commerce, or related field.
• CA / CMA / ACCA / CPA / MBA Finance preferred.
• 6–10+ years of experience in Reconciliation, Finance Operations, PayM ents Operations, or Financial Control functions.
• Minimum 3+ years of experience in a Fintech, Pay Money Transfer, Banking organization.

Responsibilities

• Lead and manage end-to-end reconciliation operations across banking partners.
• Ensure all reconciliations meet SLAs and resolve variances.
• Investigate reconciliation breaks and perform root-cause analysis.
• Maintain audit-ready reconciliation documentation and support audits.
• Oversee remittance and settlement processes and controls.

Skills

Reconciliation

Finance operations

Payment settlements

Regulatory compliance

Education

Bachelor's or Master's in Finance/Accounting/Commerce

CA/CMA/ACCA/CPA/MBA Finance preferred

Job description

• Manager will be responsible for leading and managing end-to-end

reconciliation operations across banking partners,

pay

remittance transactions, settlement accounts, vendor accounts, safeguarding accounts, and

internal ledgers. The

role

requires strong fintech and

pay

ments domain expertise to ensure

financial accuracy, regulatory compliance, timely exception resolution, and robust financial

controls in a high-volume transaction environment.

Key Responsibilities

Reconciliation Operations

• Manage daily, weekly, and monthly reconciliations of:
  
  
  
  • Bank Accounts
  
  
  • Pay Gateway Accounts
  
  
  • Digital Wallets and E-Wallet Platforms
  
  
  • Remittance and Cross-Border Transactions
  
  
  • Settlement and Safeguarding Accounts
  
  
  • Merchant and Agent Settlements
  
  
  
  


• Ensure all reconciliations are completed within agreed SLAs.


• Monitor and resolve unreconciled items, aged breaks, and settlement variances.


• Perform transaction matching across multiple systems and payment rails.


• Oversee reconciliation of customer wallets, and digital


• Reconcile wallet balances with core transaction systems and banking partners.


• Monitor failed, pending, reversed, and chargeback transactions.


• Ensure accurate reconciliation of payment gateway settlements and out cycles.

Exception Management

• Investigate reconciliation breaks, mismatches, failed transactions, chargebacks, refunds, and settlement discrepancies.


• Perform root-cause analysis and implement corrective and preventive actions.


• Ensure compliance with internal controls, audit


• maintain audit-ready reconciliation documentation and supporting evidence.


• Support internal audits, external audits, and regulatory inspections.

requirements

and regulatory

guidelines.

Qualifications

• Bachelor's /


• Master’s


• Degree in Finance, Accounting, Commerce, or related field.


• CA / CMA / ACCA / CPA / MBA Finance preferred.


• 6–10+ years of

experience

in Reconciliation, Finance Operations,

Pay

ments

Operations, or Financial Control functions.

• Minimum 3+ years of

experience

in a Fintech,

Pay

Money Transfer, Banking organization.

Experience