Reconciliation - Team Lead

Othain Group Inc.; Hyderabad; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Othain Group Inc. is seeking a Team Lead for Reconciliation in Hyderabad to lead AP reconciliation activities, prepare journal entries and financial statements, and ensure data accuracy.

You will guide a team, drive process improvements, and collaborate with stakeholders to deliver high quality outputs. The role requires 5+ years of experience, strong Excel skills, and solid understanding of GL reconciliation and P2P processes.

Qualifications

• Bachelor's degree in commerce/accounting; MBA/CA preferred.
• 5+ years of experience and 2-3 years of team leadership.
• Strong knowledge of P2P with AP reconciliations.
• Proficient in GL analysis, error detection, and problem solving.
• Experience with Excel and financial record keeping.
• Experience leading a team of at least twelve resources.
• Experience with GL reconciliation using Blackline is desirable.
• Excellent verbal and written communication.
• Experience managing governance calls with stakeholders.

Responsibilities

• Provide leadership to the AP Account Reconciliation teams.
• Build relationships with key client and employees.
• Prepare dashboard/analytics/reporting for management and business partners.
• Ensure the effective flow of information to enable high quality output.
• Manage metrics & drive continuous improvement and reengineering initiatives.
• Month-end activities: posting journal entries for provisional, write-off, accruals, reclass entries.
• Handle open items >90 days.
• Record accruals, deferrals, reclass, and interdepartmental entries.
• Reconcile accounts with the general ledger and ensure GAAP compliance.
• Prepare journal entries for amortization, depreciation, accruals, etc.
• Desirable: GL reconciliation in Blackline.
• Lead governance calls with customers.
• Drive cost benefits through improvement initiatives.

Skills

P2P process with AP reconciliations

Excel skills

General ledger analysis

Team leadership

Governance calls

Communication skills

Blackline experience

Attention to errors

Education

Bachelor's degree in commerce/accounting

MBA/CA preferred

Tools

Blackline

Job description

Job Description: Reconciliation - Team Lead

About Us

Othain Group is a global IT and BP Solutions and Services Company The Group’s main focus is in the business process and technology management space, offering a broad portfolio of industry-specific services. With deep process knowledge and insights, with focused IT capabilities, targeted analytics and pragmatic reengineering—the company delivers a comprehensive client solution. Othain group believes in delivering extra ordinary customer care and solutions to customers and clients. Each contact with the customer is seen as an opportunity to enhance relationship and create value for the customer.

Job Location: Hyderabad (Work from office)

Job Timing:- 12 noon to 9 PM IST

Experience:- 3 to 6 years

The Team Leader’s primary responsibility is to prepare journal entries, prepare financial statements and ensure data accuracy.

Responsibilities

• Provide thought leadership to the AP Account Reconciliation teams.
• Build relationships with key client and employees
• Prepare dashboard/analytics/reporting for management and business partners
• Ensure the effective flow of information to enable high quality output
• Manage metrics & drive continuous improvement and reengineering initiatives
• Should have performed month end activities like posting Journal entries for provisional, write off, accruals, reclass entries etc
• Experience in handling and clearing open items >90 days
• Record information such as accrual, deferral, reclass, and interdepartmental entries into the company’s accounting ledger. They perform account analysis to make sure that entries and balances are correct.
• Reconcile accounts with the general ledger. Ensure that all entries are accurate and that transactions are reported in accordance with accounting standards and government regulations.
• Prepare journal entries relating to amortization, depreciation, accruals, and a variety of other information. They ensure that entries align with generally accepted accounting principles.
• Should have performed GL reconciliation in Blackline tool - desirable
• Experience in handling weekly and monthly governance calls with key stakeholders.
• Drive the team to generate improvement ideas resulting in cost benefits.

Requirements

• Bachelor’s degree in commerce/accounting from university. Post Graduate (MBA/CA) strongly preferred
• 5+ years of experience and 2-3 years of experience handling a team.
• Strong knowledge/experience of P2P process with Account Payable Reconcilliations.
• Strong problem-solving skills, general ledger accountants analyze data and search for inconsistencies, then reconcile inconsistencies and devise solutions to errors
• Knowledge of technical accounting functions and are experienced in financial record keeping and bookkeeping
• Should have hand on experience in handling a team of min twelve resources
• Strong eye for errors and inconsistencies
• Good verbal and written communication skills to interact effectively with workers of all levels throughout the company
• Exceptional Excel skills.
• Handling governance call with customers.
• Good Accounting knowledge.