Hiring for Accounts Receivable II Loc

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 yasmin.g@shunyatattva.co.in or whatsapp on +91 8097940900 Thanks&Regards, Yasmin Gori +91 8097940900 yasmin.g@shunyatattva.co.in