Team Member-Business Reconciliation Group

We are seeking a detail-oriented and proactive professional to manage borrowings and investment accounting operations. This role involves working with advanced financial systems, ensuring accurate reconciliations, and collaborating with multiple teams to maintain compliance and efficiency.

Key Responsibilities

Manage day-to-day accounting for

borrowings

(Term Loans, Debentures, Subordinated Debt, Commercial Papers) using

FinMechanics (FM)

software.

Ensure timely completion of finance charges such as

interest expenses, processing fees, and amortization

(EIR as per Ind AS 109).

Handle

investment accounting

for Treasury Bills, Government Securities, Reverse Repo, Fixed Deposits, including interest income and accruals.

Operate

FinMechanics

daily : review accounting reports and upload data into

Oracle Fusion

via interface reports.

Maintain complete control over

Bank Reconciliation , ensuring accurate reporting of open items and coordination with the treasury team.

Reconcile operational control accounts, coordinate with operations and collections teams, and prepare monthly management reports.

Utilize

Excel reconciliation tools

or automated applications for bank and control account reconciliations; continuously improve software functionalities.

Prepare and deliver

BRS MIS

and GL reconciliations for control accounts.

Collaborate with internal and external auditors for BRS audits, borrowings, investments, and finance charges reviews, ensuring compliance and implementing best practices.

Required Skills & Qualifications

Education :

CA Inter and Bachelor’s degree in Accounts.

Experience :

4–5 years in Financial Accounting, with a focus on managing day-to-day accounting entries, MIS, and reconciliations, preferably in the financial services industry.

Technical Skills : Strong experience in

borrowings and investment accounting .

Hands-on expertise with

FinMechanics

and

Oracle Fusion .

Proficiency in

bank reconciliation

and control account reconciliations.

Working knowledge of

Ind AS 109

and EIR calculations.

Advanced

Excel skills

and experience with reconciliation tools.

Analytical Abilities :

Ability to interpret high-volume financial data and create presentations for senior management.

Communication Skills :

Excellent communication and interpersonal skills to collaborate with cross-functional teams and stakeholders.

Leadership Skills :

Strong leadership and team management abilities to drive a culture of excellence and transparency in financial reporting.