Key Responsibilities
1. Reconciliation Oversight & Review
Perform detailed review of balance sheet reconciliations (including GL, sub-ledger, and source system reconciliations) to ensure accuracy and completeness.
Validate supporting documentation, ageing, open items, and justification of balances.
Ensure all reconciliations are completed in line with defined timelines (monthly/quarterly/year-end).
Review high-risk and complex reconciliations, including intercompany, suspense, and clearing accounts.
2. Team Leadership & Management
Manage and mentor a team of reconciliation preparers and reviewers across multiple finance towers.
Allocate workload and ensure optimal resource utilization and adherence to SLAs.
Conduct periodic performance reviews, provide feedback, and identify training needs.
Act as the first point of escalation for reconciliation-related issues.
3. Controls & Compliance
Ensure compliance with internal control frameworks (e.g., SOX, ICFR) and audit requirements.
Maintain proper documentation and audit trails for all reconciliations.
Support internal and external audits by providing required reconciliations, documentation, and explanations.
Identify control gaps and implement remediation actions.
4. Exception Management & Resolution
Analyze aged/open items and ensure timely resolution through coordination with cross-functional teams (R2R, P2P, O2C, Treasury, etc.).
Drive root cause analysis for recurring issues and implement corrective/preventive actions.
Monitor and track reconciliation breaks, ensuring closure within agreed timelines.
5. Process Improvement & Automation
Lead initiatives for standardization and automation of reconciliation processes (e.g., BlackLine, ARCS, Trintech, or similar tools).
Identify opportunities to improve efficiency, reduce manual effort, and enhance data accuracy.
Drive best practices across teams and ensure consistent adherence to templates and guidelines.
6. Stakeholder Management
Collaborate with onshore/client stakeholders to provide updates on reconciliation status, risks, and issues.
Prepare and present MIS, dashboards, and management reports on reconciliation health.
Communicate effectively with auditors, controllers, and senior leadership.
7. MI Reporting & Governance
Track and report key KPIs such as:
Reconciliation completion rate
Ageing of open items
Unreconciled balances
SLA adherence
Conduct governance calls and present insights to leadership.
Key Skills & Competencies
Strong understanding of Reconciliation, GL Accounting, and R2R processes
Expertise in Balance Sheet substantiation and controls
Experience with reconciliation tools (BlackLine, ARCS, Cadency, etc.)
Strong analytical and problem-solving skills
Leadership and team management capability
Excellent stakeholder communication and presentation skills
Knowledge of SOX / Internal Controls / Audit framework
Key Responsibilities
1. Reconciliation Oversight & Review
Perform detailed review of balance sheet reconciliations (including GL, sub-ledger, and source system reconciliations) to ensure accuracy and completeness.
Validate supporting documentation, ageing, open items, and justification of balances.
Ensure all reconciliations are completed in line with defined timelines (monthly/quarterly/year-end).
Review high-risk and complex reconciliations, including intercompany, suspense, and clearing accounts.
2. Team Leadership & Management
Manage and mentor a team of reconciliation preparers and reviewers across multiple finance towers.
Allocate workload and ensure optimal resource utilization and adherence to SLAs.
Conduct periodic performance reviews, provide feedback, and identify training needs.
Act as the first point of escalation for reconciliation-related issues.
3. Controls & Compliance
Ensure compliance with internal control frameworks (e.g., SOX, ICFR) and audit requirements.
Maintain proper documentation and audit trails for all reconciliations.
Support internal and external audits by providing required reconciliations, documentation, and explanations.
Identify control gaps and implement remediation actions.
4. Exception Management & Resolution
Analyze aged/open items and ensure timely resolution through coordination with cross-functional teams (R2R, P2P, O2C, Treasury, etc.).
Drive root cause analysis for recurring issues and implement corrective/preventive actions.
Monitor and track reconciliation breaks, ensuring closure within agreed timelines.
5. Process Improvement & Automation
Lead initiatives for standardization and automation of reconciliation processes (e.g., BlackLine, ARCS, Trintech, or similar tools).
Identify opportunities to improve efficiency, reduce manual effort, and enhance data accuracy.
Drive best practices across teams and ensure consistent adherence to templates and guidelines.
6. Stakeholder Management
Collaborate with onshore/client stakeholders to provide updates on reconciliation status, risks, and issues.
Prepare and present MIS, dashboards, and management reports on reconciliation health.
Communicate effectively with auditors, controllers, and senior leadership.
7. MI Reporting & Governance
Track and report key KPIs such as:
Reconciliation completion rate
Ageing of open items
Unreconciled balances
SLA adherence
Conduct governance calls and present insights to leadership.
Key Skills & Competencies
Strong understanding of Reconciliation, GL Accounting, and R2R processes
Expertise in Balance Sheet substantiation and controls
Experience with reconciliation tools (BlackLine, ARCS, Cadency, etc.)
Strong analytical and problem-solving skills
Leadership and team management capability
Excellent stakeholder communication and presentation skills
Knowledge of SOX / Internal Controls / Audit framework
EXL (NASDAQ: EXLS) is a leading data analytics and digital operations and solutions company. We partner with clients using a data and AI-led approach to reinvent business models, drive better business outcomes and unlock growth with speed. EXL harnesses the power of data, analytics, AI, and deep industry knowledge to transform operations for the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have more than 54,000 employees spanning six continents. For more information, visit www.exlservice.com
EXL never requires or asks for fees/payments or credit card or bank details during any phase of the recruitment or hiring process and has not authorized any agencies or partners to collect any fee or payment from prospective candidates. EXL will only extend a job offer after a candidate has gone through a formal interview process with members of EXL’s Human Resources team, as well as our hiring managers.
Choosing a digital partner is about more than capabilities — it’s about collaboration and character.
Unrealistic overhauls and off-the-shelf products ignore what matters most — your unique needs, culture, goals, and your legacy data and technology environments.
At EXL, our collaboration is built on ongoing listening and learning to adapt our methodologies. We’re your business evolution partner—tailoring solutions that make the most of data to make better business decisions and drive more intelligence into your increasingly digital operations.
Whether your goals are scaling the use of AI and digital, redesign operating models, or driving better and faster decisions, we’re here to partner with you to help you gain—and maintain—competitive advantage with efficient, sustainable models at scale.
Our expertise in transformation, data science, and change management helps make your business more efficient and effective, improve customer relationships and enhance revenue growth. Instead of focusing on multi-year, resource- and time-intensive platform designs or migrations, we look deeper at your entire value chain to integrate strategies with impact.
We use our specialization in analytics, digital interventions, and operations management—alongside deep industry expertise — to deliver solutions that help you outperform the competition.
At EXL, it’s all about outcomes—your outcomes—and delivering success on your terms. Share your goals with us and together, we’ll optimize how you leverage data to drive your business forward.
For more information, visit www.exlservice.com.
