Reconciliation Officer

Confidential Company

Collection of all supporting documents from branches for unreconciled transaction

Match bank statements with internal ledgers to ensure accuracy of cash balances and Transaction on daily

basis

Ensure strict compliance with systems to avoid recurrence.

Ensure proper co-ordination with the team, inter departments, branches, Partner bank etc for the smooth

processes.

Perform other duties as per the requirement or instructions from the manager.

Day end report for reconciliation performed and get manager approval

Supporting manager on adhoc additional task assigned time to time.

Develop and implement efficient reconciliation processes to enhance accuracy and timeliness.

Identify and resolve variances between bank records and company books promptly

Ensure reconciliations adhere to internal policies, accounting standards, and regulatory requirements.

Provide schedules and documentation for internal and external audits

Verify applied exchange rates against policy (spot, daily, or monthly average rates)

Reconcile each currency individually before converting to base currency to isolate discrepancies

Maintain detailed records of original transaction currency, settlement currency, applied rates, and dates

Investigate unusual or unauthorized transactions to prevent fraud.

Prepare reconciliation summaries for prepaid card balances and usage trends.

Recommend improvements to reconciliation processes and risk mitigation strategies.

Coordinate with Master card ,Mercury to get report and Perform Detailed reconciliation