Commerce, Finance Graduates Vacancy at Razorpay

Overview:

Razorpay is hiring an experienced Senior Analyst – Financial Operations at their Bangalore location. You will check for any GMV leakages in the system by doing a regular reconciliation and work closely with the tech teams. Also, to do a day to day reconciliation of deposits and withdrawals into Nodal account.

The complete details of this job are as follows:

Roles and Responsibilities:

The Ideal Candidate should be able to:

• Bank MIS reconciliation with system data and matching of funds on daily basis.
• Co-ordinate with Banks for issues in reconciliation and payment related issues.
• Post Nodal account reconciliation on a daily basis, provide day end summary to the accounting team for passing appropriate accounting entries.
• Maintaining Nodal Account Health by keeping check on funds lying and Age analysis of the same.
• Work closely with Tech teams to understand where the daily MIS files are struck and ensure the same are ingested into the dashboard and attain a 100% reconciliation. Also, find innovative ways of automation.
• Ensuring the commissions are charged as per the agreed commercials with the banks.
• Balancing and matching of the funds at day ends. Analyze the difference occurs and treatment of the same.
• Research and solve payment discrepancies.
• Resolve invalid or unauthorized deductions by following pending deductions procedures.
• Month End Deliverables: Cost reports, Gross margin analysis.

Eligibility Criteria:

• Bachelor’s   degree   in   commerce,  Finance,   or   related   fields;   additional qualifications   in   project   management   or   business   management   are advantageous
• 2-5 years of working experience in the field of Reconciliation and Merchant Settlement.
• Similar working experience in a Payment gateway/aggregator is a plus.
• Proficient in Microsoft Office suite of products specially MS Excel to handle large volumes of data.
• Motivated self-starter able to work independently with minimal supervision as well as cooperatively with others within and across functions.

Disclaimer: The Recruitment Information provided above is for informational purposes only. The above Recruitment Information has been taken from the official site of the Organisation. We do not provide any Recruitment guarantee. Recruitment is to be done as per the official recruitment process of the company or organization posted the recruitment Vacancy. We don’t charge any fee for providing this Job Information. Neither the Author nor Studycafe and its Affiliates accepts any liabilities for any loss or damage of any kind arising out of any information in this article nor for any actions taken in reliance thereon.