Hiring for Accounts Receivable II Loc : Andheri II CTC upto 8.5LPA II 6 years to 9 years of experience in AP / AR and intercompany reconciliation / Netting

Job title Team Lead / Assistant Manager Intercompany Reconciliation

Job Location Mumbai

CTC budget Upto 8.5 LPA based on experience

Experience Range : 6 years to 9 years of experience in Accounts Receivable / Accounts Payable, Cash application processes and intercompany reconciliation / Netting

Designation Team Lead / Assistant Manager

Mandatory skills

• Accounts Receivable / Accounts Payable, Cash application processes
• Experience in Intercompany reconciliation / Netting
• Good communication skills and should be confident while speaking

Shift days

Monday to Friday

Job purpose

The Finance Operations Analyst – Netting will play a key role in managing and optimizing finance

operations related to Accounts Payable (AP), Accounts Receivable (AR), and General Ledger (GL)

processes, with a strong focus on AR–AP reconciliation (Netting).

To ensure timely and accurate AR–AP netting and reconciliation, maintain data integrity across

financial systems, and create a streamlined, automated, and error-free reconciliation process with

minimal manual intervention.

Key responsibilities

Netting Process Responsibilities

1. Exception Handling & Cleanup

Manage exceptions raised by AR where corresponding AP entries have already cleared or

mismatches exist.

Address imbalances caused by contra entries (credit / debit notes) not matched correctly by

counterparties.

Clean up existing mismatches and implement controls to prevent future recurrence.

2. Probable Match Resolution

Identify and investigate probable matches caused by differences in amount, currency, or

supplier / party coding.

Collaborate with the team to resolve internal mismatches.

Escalate cross-entity mismatches to the front-office operations teams for correction.

3. System Reconciliation

Review and resolve discrepancies between two system settlements.

Investigate missing invoices between systems and ensure consistent approval and matching

logic.

Take corrective action for invoices not moving to the next workflow stage

4. Document Management

Support the AP / AR team by providing required documents (invoice copies, BL,

correspondence, etc.) for verification and booking.

Escalate missing documentation requests to front offices when unavailable internally.

Upload or attach documents where possible to close open items efficiently.

Dispute Management Responsibilities

1. Dispute Raised

Review disputes initiated by AP parties with proper justification and documentation.

Log and escalate cases according to the Dispute Management SOP.

2. Dispute Accepted – AR

Verify receipt of credit notes for disputes accepted by AR and move such cases to the

Dispute Resolved queue.

3. Dispute Rejected – AR

Record reasons for dispute rejection, maintain documentation, and communicate outcomes

to AP or front-office teams.

4. Dispute Resolved

Confirm that resolved disputes have corresponding credit notes posted in the system.

Follow up on pending credit notes to ensure accounting completeness.

5. Arbitration

Manage long-standing disputes (older than ETA + 60 days).

Escalate unresolved cases to senior management or the Dispute Management (DM) team

per escalation procedures.

Qualifications

Education : Bachelor’s degree in Accounting, Finance, or Commerce (Master’s preferred).

6–9 years of experience

Requirements

Key Skills & Competencies

In-depth understanding of Accounts Receivable / Accounts Payable, Cash application

processes and intercompany reconciliation / Netting

Strong analytical and reconciliation skills with attention to detail.

If you are interested or know someone who might be a great fit, please share your profile via email at yasmin.g@shunyatattva.co.in or whatsapp on +91 8097940900

Thanks&Regards,

Yasmin Gori

yasmin.g@shunyatattva.co.in