Deutsche Bank—Bank Reconciliation and Accounts Payable , NCT

Job description

Description: Job Description: Job Title: Bank Reconciliation and Accounts Payable , NCT Location: Jaipur, India Role Description - We are seeking a detail-oriented and analytical professional with strong experience in Bank Reconciliation and Accounts Payable (AP) processes. The candidate will be responsible for ensuring accurate reconciliation of bank accounts and ledgers, supporting credit recovery activities, and coordinating with procurement and finance teams to resolve outstanding issues. The role requires hands-on SAP FI knowledge and a strong understanding of financial controls and reconciliation processes. What we’ll offer you As part of our flexible scheme, here are just some of the benefits that you’ll enjoy - Best in class leave policy - Gender neutral parental leaves - 100% reimbursement under child care assistance benefit (gender neutral) - Sponsorship for Industry relevant certifications and education - Employee Assistance Program for you and your family members - Comprehensive Hospitalization Insurance for you and your dependents - Accident and Term life Insurance - Complementary Health screening for 35 yrs. and above Your key responsibilities - Perform timely and accurate Bank Ledger Reconciliations and investigate unreconciled items. - Monitor and clear open bank transactions, ensuring compliance with established controls and accounting policies. - Support credit recovery and overpayment recovery activities by coordinating with vendors, banks, and internal stakeholders. - Analyse and resolve discrepancies between bank statements, SAP records, and general ledger balances. - Work closely with Procurement and Accounts Payable teams to resolve invoice, payment, and vendor-related issues. - Prepare reconciliation reports, aging analysis, and management updates. - Support month-end and year-end closing activities related to bank and AP accounts. - Identify process improvement opportunities and drive automation and standardization initiatives. - Ensure adherence to internal controls, audit requirements, and compliance standards. - Collaborate with cross-functional teams to resolve payment exceptions and reconciliation breaks. Your skills and experience Experience - 3 to 5 years of experience in Accounts Payable (AP) and Bank Reconciliation processes. - Experience working in a shared services, banking, or multinational finance environment is preferred. Technical Skills - Strong hands-on experience in SAP FI, particularly AP-related transactions, and reconciliation activities. - Good understanding of bank accounting, GL accounting, and payment processing. - Knowledge of vendor accounting and invoice-to-pay processes. - Experience with reconciliation tools, reporting, and financial analysis. - Proficiency in Microsoft Excel (Pivot Tables, VLOOKUP/XLOOKUP, data analysis). Functional Skills - Strong understanding of Bank Reconciliation, AP controls, and exception management. - Knowledge of Procurement-to-Pay (P2P) processes. - Experience in credit recovery, payment investigations, and discrepancy resolution. - Strong analytical and problem-solving skills. - Excellent communication and stakeholder management abilities. - Ability to work independently and manage multiple priorities in a fast-paced environment. Preferred Qualifications - Bachelor’s degree in commerce, Finance, Accounting, or a related field. - Knowledge of SAP S/4HANA Finance will be an added advantage. - Exposure to audit, compliance, and financial control environments is preferred. Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs. How we’ll support you - Training and development to help you excel in your career. - Coaching and support from experts in your team. - A culture of continuous learning to aid progression. - A range of flexible benefits that you can tailor to suit your needs. About us and our teams Please visit our company website for further information: https://www.db.com/company/company.html We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment.