Recon Analyst
Riyadh, Riyadh Province, Saudi Arabia · Full Time
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Job description
About the Company
Tata Consultancy Services (TCS) is a global leader in IT services, consulting, and business solutions, collaborating with many of the world’s major corporations for over five decades. The firm delivers a consulting-driven, cognitive-enhanced, and integrated suite of business, technology, and engineering services through a renowned Location Independent Agile™ delivery model. As part of the Tata Group, India's largest multinational conglomerate, TCS employs more than 616,000 consultants worldwide across 53 countries.
Role Overview
We are seeking a dedicated Recon Analyst based in Riyadh, Saudi Arabia, to work full-time on-site. This role involves managing general ledger (GL) reconciliations, analyzing and resolving discrepancies between financial systems, and ensuring compliance with banking regulations across various products including retail, personal, and wealth management.
Key Responsibilities
- Perform daily, weekly, and monthly reconciliations across a broad range of accounts, including branch, ATM, cards, deposits, loans, cash, bank, vault, accounts receivable/payable, clearing, settlement, and suspense accounts.
- Conduct thorough analysis of reconciliation results to identify and decipher complex exceptions between systems.
- Lead root-cause investigations to address discrepancies and ensure timely resolution through coordination with internal teams and external stakeholders.
- Track exception ages and analyze trends to maintain effective exception data management.
- Prepare comprehensive status reports on reconciliation activities and exception resolutions on a daily, weekly, and monthly basis.
- Provide operational insights to identify needs and suggest improvements to current processes.
- Work swiftly and accurately with strong attention to detail and deadline adherence.
- Identify and implement process improvements to drive operational efficiencies.
- Engage with vendors and stakeholders across the bank to address and resolve break issues promptly.
Qualifications and Skills
- Experience with banking products, including retail, personal banking, and wealth management, along with knowledge of relevant regulations, processes, and procedures.
- Proficient in GL reconciliation types such as branch, ATM, cards, deposits, loans, cash, bank, vault, accounts receivable, accounts payable, clearing, settlement, suspense accounts, and payments.
- Familiarity with system-to-system (intersystem) reconciliation, especially GL versus sub-ledger (SL) comparisons.
- Understanding of intercompany, intergroup, and interbranch reconciliation processes.
- Solid accounting knowledge, including journal entry recording and comprehension of financial impacts.
- Experience with GL reconciliation software/tools is advantageous.
- Intermediate to advanced proficiency in Microsoft Excel.
Additional Information
Application deadline for this role is 30th August 2026.
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