Reconciliation - Team Lead

Othain Group; Hyderabad; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Blackline experience

Financial governance calls

Job summary

Othain Group is seeking a Team Lead for Reconciliation in Hyderabad. The role focuses on preparing journal entries, financial statements, and ensuring data accuracy. Lead AP Reconciliation teams, drive process improvements and dashboards for management.

The candidate should have 5+ years of experience with 2-3 years in leading a team, strong P2P/AP reconciliations knowledge, and excellent Excel skills. Hybrid governance calls with stakeholders are expected.

Qualifications

• Bachelor’s degree in commerce/accounting; MBA/CA preferred.
• 1
• 5+ years of experience with 2-3 years of team leadership.
• Strong knowledge of P2P with AP Reconciliations.
• Proficient in general ledger analysis and financial record keeping.
• Advanced Excel and governance-call coordination.

Responsibilities

• Provide thought leadership to AP Account Reconciliation teams.
• Prepare dashboard/analytics/reporting for management and business partners.
• Manage information flow to ensure high quality output.
• Drive continuous improvement and reengineering initiatives.
• Perform month-end activities including journal entries, accruals, and reclass entries.
• Handle open items >90 days and GL reconciliation duties.
• Reconcile accounts with the general ledger and ensure GAAP compliance.
• Prepare journal entries for amortization, depreciation, and accruals.
• GL reconciliation in Blackline (desirable).
• Conduct governance calls with key stakeholders.
• Lead team to generate cost-saving improvements.

Skills

P2P reconciliations

Team leadership

Excel skills

Problem solving

General ledger

Communication skills

Governance calls

Attention to errors

Education

B.Com/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.