Reconciliation Specialist

3 weeks ago


Gurugram, India Marks and Spencer Full time

Job purpose: As a Reconciliation Specialist, Primary responsibility will be to manage accounts receivable for e-commerce channels and reconcile seller payments and settlements from e-commerce such as Amazon, Flipkart, Myntra, Ajio.

Role & responsibilities:

  • Verify and validation of logistics and commission charges for various partners, including Myntra, Ajio, Amazon, and Flipkart.
  • Monthly inventory reconciliation for partners (FBA, FBF) to maintain accuracy.
  • Manage partner reconciliation closures on a half-yearly basis to ensure financial integrity
  • Managed accounts receivable for e-commerce channels
  • Reconciled seller payments and settlements from e-commerce such as Amazon, Flipkart, Myntra, Ajio.
  • Verified order-wise revenue, returns, and commissions to ensure accurate accounting and settlement posting.
  • Analyzed and resolved payment discrepancies
  • Oversee the Myntra PPMP return process, ensuring efficiency and compliance.
  • Monitor and verify all returns received from partners within defined timelines.
  • Raise ticket as per the Myntra SPF Policy

Preferred candidate profile

  • Excellent analytical skills.
  • Ability to spot discrepancies in large sets of data
  • Accuracy in matching transactions and balances
  • Prevents costly errors and financial misstatements
  • Root cause analysis of discrepancies
  • Ability to interpret financial data and trends
  • Making informed decisions about resolutions
  • Handling large data sets for reconciliation
  • Ability to create reconciliation templates or reports


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