Manager, VAT Reconciliation
Mashreq
full-time
Posted on:
Location Type: Remote
Location: Remote • 🇮🇳 India
Visit company websiteJob Level
SeniorLead
About the role
- Lead VAT reconciliation across three data sources: source applications, core banking (e.g., Flex), and VAT engine (Suntech).
- Manage the implementation of three-way reconciliation logic in line with KPMG recommendations.
- Ensure daily exception reports are distributed, embedded into the Business Exception Event (BEE) process, and followed up to closure.
- Track and remediate chronic legacy mismatches in reconciliation entries across past cycles.
- Drive refund shortfall/rejection visibility, reconciliation, and reporting.
- Embed the VAT Governance Manual and ensure adherence by operational teams.
- Coordinate with Operations, Finance, Compliance, and Risk teams to enforce control and audit requirements.
- Ensure periodic reconciliation certification and follow-ups are maintained and archived.
- Track turnaround times and break closure SLAs across operations divisions and IBG locations.
- Maintain escalation logs for overdue items or non-compliance with reporting protocols.
- Ensure reconciliation and exception closure metrics are integrated into monthly governance packs.
Requirements
- Graduate/Postgraduate in Accounting, Taxation, Finance, or Banking.
- 7–10 years in banking operations or finance with VAT exposure; reconciliation or audit experience preferred.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
VAT reconciliationthree-way reconciliation logicexception reportingreconciliation certificationreconciliation metricsaudit requirementsreporting protocolslegacy mismatch remediationrefund reconciliationdata analysis
Soft skills
leadershipcoordinationcommunicationproblem-solvingattention to detailorganizational skillscollaborationtime managementadaptabilitycritical thinking