Senior Manager – Bank Reconciliation & Disbursement

Position Title

Senior Manager – Bank Reconciliation & Disbursement

Department

Finance

Location

Chennai

Job Purpose

To lead and manage Bank Reconciliation, Disbursement, Dealer & Agency Commission, Audit, MIS, and Finance Automation activities, ensuring high accuracy, timely closure, strong controls, and continuous process improvement.

Key Responsibilities
Ensure 99.99% BRS closure within month-end and maintain unidentified credits below 0.01% of overall collections through effective reconciliation and exception management.
Manage end-to-end dealer commission calculations and payouts, ensuring 100% adherence to defined TATs.
Oversee agency commission calculations and payouts, ensuring 100% accuracy and timely processing as per agreed timelines.
Ensure timely generation of dealer buydown invoices and support smooth settlement processes.
Lead and support automation and transformation initiatives, including:
UNCIA
DICE
Auto Edge BOT
Salesforce Automation
Dealer Commission Automation
BRS Automation
Coordinate Internal, Statutory, IFC, and RBI audits, provide management responses, and ensure timely closure of audit observations.
Develop and automate MIS, dashboards, and process trackers using Tableau to improve reporting, operational visibility, and decision-making.
Drive continuous improvement in reconciliation, disbursement, commission, and reporting processes.
Ensure strong financial controls, process compliance, and timely resolution of exceptions.
Job Requirements

Qualification:

B.Com / BBA / Any Degree with specialization or relevant experience in Finance & Accounts

Experience:

10+ years of relevant experience

Industry Requirement:

Mandatory: NBFC or Banking industry experience

Role:

Senior Manager
Functional Competencies
Bank Reconciliation & Settlement
Finance & Accounting Operations
Disbursement Management
Dealer & Agency Commission Management
Invoice Processing
Audit & Compliance
MIS & Financial Reporting
Process Automation & Transformation
Tableau / Dashboard Development
Exception & Risk Management
Strong understanding of Banking / NBFC processes
Behavioral Competencies
Strong analytical and problem-solving skills
Attention to detail and accuracy
Strong stakeholder management
Team leadership and people management
Ownership and accountability
Process-oriented approach
Strong communication and coordination skills
Ability to work under tight timelines and month-end pressure