TL - GL/Cash/Position/Nostro Reconciliation

One of our leading financial Clients in Hyderabad is Looking for bellow Position.

Job Description:

Designation : Team Leader (IC Role)

Location : Hyderabad

Skill Set :

- Good understanding of accounts / general ledger reconciliation

- Strong work experience in accounting

- Minimum one year of investment banking experience

- Flexible to work in night shifts

Experience : 5 to 7 Years

Process Description-

- GL, Cash, Position and NOSTRO reconciliations

- Exception identification & reporting

- Weekly/Monthly reports

- Preparation of daily/weekly/monthly reconciliations

- Balancing

- Reporting

- Balance sheet netting calculations

- Regulatory report compilations

- Trading inventory maintenance

- Balance sheet substantiation

- Research, root cause analysis and resolution of exceptions

Roles Role Responsibilities:

- Adherence to the SLA’s – productivity, turn-around-time, and accuracy

- Engage in improving processes through reengineering, system checks, process automation

- Performing Quality Check

- Interact with business partners and units on day to day functionalities

- Review daily key operational variables

- Develop back up and contingency plans

- Act as a change agent and provide implementation assistance as and when the need arises

- Provide subject matter expertise on processes

- Update Manager on process performance and critical people issues

- Identify potential people issues amongst the team & resolve the same on a proactive basis

- Assist new hires such that they are productive on the floor in the shortest possible time frame

- Assess training needs, provide training opportunities and train new hires and existing staff

- Cross train Team Members

- Handle all logistics related issues: roster management, shift rotations.

Skills:

- Proven Experience on GL/Cash/Position & Nostro reconciliations

- Should have been performing Reconciliation preparer, reviewer responsibilities for all types of reconciliations

- End to End knowledge of Reconciliation procedures and Bank Reconciliation standards

- Ability to handle transitional activities in individual capacity, Exception identification, reporting & resolution

- Greater understanding of regulatory requirements governing the reconciliations performed

- Knowledge of financial and capital markets (Fixed Income/Options/equity)

- Knowledge of General Accounting activities & principles (journal entries, debits/credits, colour of entries and treatment in books etc.)

- Ability to liaise with key business partners

- Excellent oral & written communication skills

- Highly motivated individual with a diverse background in financial analysis

- Working knowledge in MS Office products including MS Excel, a must

- Attention to details and drive for accuracy

- Ability to work well under pressure

- Excellent problem solving & analytical skills

Academic:

Commerce Graduates (B.Com /M.Com/MBA)

Other Requirements:

Valid Passport with minimum 6 months validity