Junior Associate / Associate - Financial Operations (Reconciliation) at Cashfree Payments India Private Limited

Bellandur, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

03 Jun, 26

Salary

0.0

Posted On

05 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Bank Reconciliation, Financial Operations, Fund Matching, Payment Discrepancies Resolution, MS Excel, VLOOKUP, XLOOKUP, Pivot Tables, Google Sheets, Payment Flows, NEFT, RTGS, IMPS, UPI, Card, Net Banking

Industry

Financial Services

Description

JUNIOR ASSOCIATE / ASSOCIATE Experience: 1–2 Years (Junior Associate) | 2–4 Years (Associate) Location: Bangalore Department: Financial Operation - Reconciliation -------------------------------------------------------------------------------- ABOUT THE ROLE We are looking for a detail-oriented and analytical professional to join our Reconciliation team. The role involves daily bank MIS reconciliation, fund matching, and coordination with banks to resolve payment-related discrepancies.The ideal candidate should have strong analytical skills, hands-on Excel expertise, and the ability to work in a fast-paced financial operations environment. -------------------------------------------------------------------------------- KEY RESPONSIBILITIES * Perform daily Bank MIS reconciliation with system data to ensure accuracy and completeness. * Match and balance funds at day-end and ensure proper closure of financial positions. * Identify, analyze, and resolve discrepancies between bank statements and internal systems. * Coordinate with partner banks for reconciliation breaks, settlement issues, and payment-related queries. * Research and resolve payment discrepancies including failed, delayed, or unidentified transactions. * Track unidentified credits and debits and ensure timely closure. * Prepare and maintain reconciliation reports, dashboards, and trackers using Excel and Google Sheets. * Escalate critical issues to internal stakeholders and follow up for resolution. * Ensure compliance with internal controls, SOPs, and audit requirements. * Support month-end and financial year-end closing activities. * Contribute towards process improvements and automation initiatives in reconciliation workflows. -------------------------------------------------------------------------------- REQUIRED SKILLS & COMPETENCIES * Strong understanding of bank reconciliation and financial operations. * Good knowledge of payment flows (NEFT/RTGS/IMPS/UPI/CARD/Net Banking). * Strong analytical and problem-solving skills. * Hands-on experience in MS Excel (VLOOKUP/XLOOKUP, Pivot Tables, basic formulas). * Working knowledge of MS Word, Google Sheets, and Google Docs. * Good communication skills to coordinate with banks and internal stakeholders. * Ability to work with large datasets and meet daily deadlines. * High attention to detail and ownership mindset. -------------------------------------------------------------------------------- ELIGIBILITY CRITERIA * Postgraduate degree in Commerce or Finance (M.Com / MBA Finance or equivalent preferred). * 1–4 years of relevant experience in reconciliation within the payment gateway / fintech industry. * Strong understanding of payment operations, bank settlements, and card/upi transaction lifecycle.

Responsibilities

The role involves performing daily bank MIS reconciliation against system data, matching funds at day-end, and resolving payment discrepancies by coordinating with partner banks. Key tasks include researching failed or delayed transactions and preparing reconciliation reports using Excel and Google Sheets.