Financial Analyst - Reconciliations, MNC KPO, Mumbai

Areas of Responsibility
Reconciliation and monitoring of Bank, Suspense & Control accounts
Allocation/ transfer of funds generated
Ensure that accounts have been reconciled
Stop / Cancel Cheques / BACS recalls and Tracers
Investigate and clear amounts in Various suspense accounts
Accountabilities/Responsibilities
Ensure daily production operates within SLA by undertaking and completing assigned tasks on time
Ensure all accounts owned by the area are regularly reconciled and that outstanding items are reduced to a minimum and are within agreed SLA’s. To meticulously follow-up in clearing historic outstanding items
Ensure all Financial Control procedures are followed, adhere to compliance and regulatory requirements as defined for the team
Handle straightforward problems or queries promptly and accurately, referring complex enquires or complaints for assistance
Produce daily and monthly management information on departmental throughput
Act as a good team player, supporting colleagues, sharing information, getting cross-trained and offering assistance when needed
Updating SOPs as instructed
Suggest feasible improvements to the process, achieve continuous productivity and quality improvements
Extensive follow-up with various Customer services teams, Financial institutions and Banks for analysis of receipts and Payments
Maintain and implement personal development plan in partnership with immediate manager
To demonstrate a positive risk, compliance and control culture through the identification, assessment, monitoring and management of risks and issues within the business area, alongside ensuring timely and appropriate resolution of control weaknesses, actions and failures that arise.
KNOWLEDGE AND SKILLS:
An understanding of basic Double entry Accounting and good understanding of financial reconciliations and banking operations
Knowledge of Data Protection Act and Money Laundering
Good knowledge of MS Excel / MS Access / TLM / PeopleSoft Finance
Strong communication skills, both oral & written
Business writing Skills
Problem Solving and Decision Making Skills
Good interpersonal skills.