Urgent hiring for the role of a Finance operation Analyst / LocL Mumbai / Sal : upto 8.5lpa / Immediate Joiners only

Hi Folks,

We are currently hiring for the role of an Finance Operation Analyst (AR–AP netting and reconciliation)

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,

Designation : Finance Operation Analyst (AR–AP netting and reconciliation)

Loc : Andheri

Salary : upto 8.5LPA

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

Exp : 6-9yrs of experience

Notice : Immediate

Shift : rotational shift

5days working / Sat & Sun fixed off

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

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.