Analyst - Finance

3 - 7 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As an employee at Swiggy, India's leading on-demand delivery platform based in Bangalore, you will be part of a tech-first logistics approach and a solution-first consumer demands approach. With a vast presence in over 500 cities in India, partnerships with numerous restaurants, and a dedicated employee base of over 5000, along with a fleet of 2 lakh+ Delivery Executives, Swiggy is committed to delivering unparalleled convenience through continuous innovation. Our robust ML technology and data processing capabilities ensure a fast, seamless, and reliable delivery experience for millions of customers nationwide. Starting as a hyperlocal food delivery service in 2014 and evolving into India's foremost on-demand convenience platform, Swiggy prioritizes lightning-fast delivery for customers and a fulfilling experience for employees. In the role of Reconciliation Manager, you will play a crucial part in overseeing the successful execution and closure of the reconciliation process. Your responsibilities will include coordinating with internal teams and external vendors to ensure ledger accuracy, timely reconciliations, and process compliance. You will be actively involved in managing the reconciliation process, engaging with vendors, resolving discrepancies, and maintaining documentation of the resolution. Key Responsibilities: - Leading the team responsible for preparing the ledger. - Initiating communication with vendors for the ledger statement. - Conducting reconciliations upon receiving the ledger statement. - Following up with vendors to obtain the ledger if there is no response. - Sharing quarterly balance confirmation emails with vendors and addressing discrepancies. - Collaborating with the procurement team on unreceived statements. - Analyzing discrepancies and engaging with vendors accordingly. - Clarifying and resolving issues through collaboration with stakeholders. - Documenting resolutions, updating books, and closing reconciliation points. - Obtaining No Dues Certificate (NDC) from vendors post-closure of reconciliation points. Qualifications for the ideal candidate: - Proficiency in streamlining accrual reconciliation processes and vendor management. - Strong skills in process controls, MS Office applications, and ERP systems. - Customer-service-oriented with multitasking abilities and adept at working in time-sensitive situations. - Problem-solving skills with a focus on issue resolution and process improvement. - Experience in team supervision. - Bachelor's degree in Accounting, Finance, or related field. Join Swiggy to be a part of a dynamic team that values innovation, efficiency, and excellence in delivery services.,

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