Team Lead -Treasury

Job Details

• Designation: Team Leader - Bank Reconciliation
• Work Location: Noida/Ahmedabd/
• Work Arrangement: Hybrid
• Reports to: Manager - Operations
• Department: Finance Accounts

Position Overview

Lead the end-to-end bank reconciliation process for European entities, ensuring accurate and timely completion of reconciliations, journal postings, and exception resolution. Responsible for clearing aged items, managing stakeholder relationships, maintaining compliance and governance standards, and driving continuous process improvements to enhance efficiency and control.

Responsibilities

• Own the end-to-end bank reconciliation process across multiple entities, ensuring accurate completion, timely sign-off, and adherence to SLA timelines.
• Manage reconciliation exceptions and aged items, investigate discrepancies, perform root-cause analysis, and drive closure of outstanding items within agreed timelines.
• Prepare and review journal entries, including intercompany transactions, fund transfers, and compliance-related payments, ensuring accounting accuracy and month-end readiness
• Collaborate with key stakeholders including Treasury, Payroll, AP, AR, Finance, Banks, and Oracle Support teams to resolve operational and technical issues.
• Maintain strong governance and controls by ensuring SOX compliance, supporting audits, presenting reconciliation status reports, and leading governance discussions.
• Monitor reconciliation aging and risk metrics, establish ownership and escalation paths, and drive timely clearance of unreconciled balances.
• Maintain and enhance process documentation, including SOPs, process maps, RACI matrices, and transition documents for new accounts and activities.
• Drive continuous process improvement and automation initiatives, partnering with systems teams to improve efficiency, reduce manual effort, and optimize reconciliation processes using Oracle and related tools.

Key Success Measures

• Close timeliness: Month-end closed within agreed TAT
• Reconciliation quality: Zero critical unreconciled balances; aging cleared on schedule.
• Reporting accuracy: minimizing unreconciled differences, errors, and manual adjustments
• Strong stakeholder satisfaction
• Client satisfaction: Positive NPS/feedback and meeting action items completed.

Skills/Experience

• CA Inter, CA, ACCA, Pursuing ACCA
• 4-7+ years of experience in Bank reconciliation, R2R, Intercompany
• Microsoft Excel and Reporting Tools
• Excellent analytical, written, and verbal communication-able to translate numbers into insights.
• High attention to detail, ownership, and deadline discipline

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.