Reconciliations Analyst II

Allstate India Pvt Ltd; Pune District; On-site; INR 600,000 - 900,000; Full time

Job summary

Allstate India Private Limited in Pune is seeking a Reconciliations Analyst II to support reconciliation and reporting through data validation and transaction analysis. Under supervision, you will assist in investigating discrepancies, preparing basic reports, and maintaining audit-ready documentation.

Education: Bachelor’s degree in Commerce, Accounting, or Finance. Experience: minimum 2 years in Accounting.

Qualifications

• Bachelor’s degree in Commerce, Accounting, Finance, or related field.
• Minimum 2 years of accounting experience.
• Strong data validation and reporting skills.

Responsibilities

• Perform daily reconciliations and validate transactional accuracy.
• Investigate basic accounting variances and discrepancies.
• Prepare and maintain reports and logs for audit purposes.
• Ensure compliance with SOPs and internal controls.
• Collaborate with senior staff to resolve exceptions.

Skills

Account Reconciliations

Data validation

Communication skills

Team collaboration

Time management

Education

Bachelor's degree in Commerce/Accounting/Finance

Job description

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

Job Description

The Reconciliations Analyst II is responsible for supporting reconciliation and reporting processes through accurate data validation and transaction analysis. Working under close supervision, the Associate assists in investigating financial discrepancies, preparing basic reports, and maintaining documentation for audit and compliance purposes.

Key Responsibilities

• Assist in performing daily reconciliations and validating transactional accuracy.
• Support investigation of basic accounting variances and discrepancies.
• Prepare and maintain reports and logs related to financial transactions.
• Ensure compliance with standard operating procedures and controls.
• Collaborate with senior team members to resolve exceptions or errors.
• Maintain audit-ready documentation for assigned processes.

Skills and Abilities

• Basic understanding of accounting and reconciliation processes.
• Effective written and verbal communication skills.
• Ability to follow instructions and meet deadlines.
• Effective written and verbal communication skills, including professional email writing.
• Time management skills and ability to prioritize tasks.
• Positive attitude and eagerness to learn and develop professionally.
• Ability to work collaboratively in a team environment.

Education

• Bachelor’s degree in Commerce, Accounting, Finance, or related discipline

Experience

• Minimum 2 years of experience in Accounting is mandatory

Supervisory Responsibilities

This job does not have supervisory duties.

Education & Experience (in lieu)

In lieu of the above education requirements, an equivalent combination of education and experience may be considered.

Primary Skills

Account Reconciliations Shift Time

About Allstate

Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact. The Allstate Corporation is one of the largest publicly held insurance providers in the United States. Ranked No. 84 in the 2023 Fortune 500 list of the largest United States corporations by total revenue, The Allstate Corporation owns and operates 18 companies in the United States, Canada, Northern Ireland, and India. Allstate India Private Limited, also known as Allstate India, is a subsidiary of The Allstate Corporation. The India talent center was set up in 2012 and operates under the corporation's Good Hands promise. As it innovates operations and technology, Allstate India has evolved beyond its technology functions to be the critical strategic business services arm of the corporation. With offices in Bengaluru and Pune, the company offers expertise to the parent organization’s business areas including technology and innovation, accounting and imaging services, policy administration, transformation solution design and support services, transformation of property liability service design, global operations and integration, and training and transition. Learn more about Allstate India here. At Allstate, we work hard to help people live a good life every day. Allstaters are dedicated to serving clients, customers, and communities, which allows employees to find meaning and value in their work. Allstate offers an environment that fosters innovative thinking where you’ll be able to explore your ideas and feel proud of the work you do. Allstate helps protect nearly 16 million households with auto, home, life, and retirement products. We want every professional connected to Allstate to be committed to giving our customers the best and that means finding the best talent. We want you to be our next great addition.