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 or whatsapp on

Thanks&Regards,

Yasmin Gori