Posted 21 May, 2026

BS remediation Project

ExlService Holdings, Inc.

Noida, Uttar Pradesh, India Full Time

Reference: 218_689623_14329

The Reconciliation Preparer (LAM Level) is responsible for preparing accurate and timely balance sheet reconciliations, ensuring completeness of supporting documentation, and identifying discrepancies for resolution. The role requires strong analytical skills, understanding of accounting principles, and collaboration with cross-functional teams to ensure financial integrity.

EXL (NASDAQ: EXLS) is a leading data analytics and digital operations and solutions company. We partner with clients using a data and AI-led approach to reinvent business models, drive better business outcomes and unlock growth with speed. EXL harnesses the power of data, analytics, AI, and deep industry knowledge to transform operations for the world's leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have more than 54,000 employees spanning six continents. For more information, visit www.exlservice.com.

EXL never requires or asks for fees/payments or credit card or bank details during any phase of the recruitment or hiring process and has not authorized any agencies or partners to collect any fee or payment from prospective candidates. EXL will only extend a job offer after a candidate has gone through a formal interview process with members of EXL's Human Resources team, as well as our hiring managers.

EXL is the indispensable partner for leading businesses in data-led industries such as insurance, banking and financial services, healthcare, retail and logistics. We bring a unique combination of data, advanced analytics, digital technology and industry expertise to help our clients turn data into insights, streamline operations, improve customer experience, and transform their business. Our partnerships with clients are built on a foundation of collaboration - and we've been chosen as a partner by nine of the top ten leading US insurance companies, nine of the top 20 global banks, and six of the top ten US health care payers. We function as one team to make your goals our goals, whether that's unlocking the value of generative AI or embedding analytics into workflows that reduce risk or power your growth. Clients choose EXL as their transformation partner for many reasons. Our geographic diversity make talent all over the world instantly accessible. Digital accelerators enable unmatched speed-to-value, letting you realize results fast. It's our people that truly set us apart, though, including the 1,500 data scientists we have dedicated to our generative AI practice. And our more than twenty years of experience in delivering business services, garnering stellar client references, and maintaining a solid balance sheet are reassuring to our C-suite clients. Find out for yourself why clients, employees, and analysts think we're some of the best in the business. Contact us to see how we can help you achieve your goals.

B.Com / M.Com / MBA (Finance) / CA Inter (preferred)
3-7 years of experience in finance & accounting, with exposure to reconciliations
Experience in shared services / outsourcing environment preferred

Key Responsibilities

1. Reconciliation Preparation

Prepare end-to-end balance sheet reconciliations for assigned accounts (GL vs sub-ledger/source systems).
Ensure completeness, accuracy, and proper substantiation of account balances.
Follow standardized templates and reconciliation formats (e.g., BlackLine, ARCS).
Meet strict month-end, quarter-end, and year-end deadlines.

2. Supporting Documentation & Validation

Compile and attach appropriate supporting documents for each reconciliation.
Validate balances using system data, reports, and schedules.
Ensure all reconciling items are clearly explained and appropriately categorized.

3. Open Items & Ageing Management

Identify, investigate, and track reconciling differences.
Maintain ageing analysis of open items and ensure timely follow-ups for closure.
Flag long-outstanding and high-risk items to reviewers/management proactively.

4. Issue Resolution & Coordination

Coordinate with internal teams (R2R, P2P, O2C, Treasury, etc.) to resolve discrepancies.
Perform root cause analysis for recurring reconciling differences.
Support implementation of corrective actions and process fixes.

5. Controls & Compliance

Ensure adherence to internal control frameworks (SOX/ICFR guidelines where applicable).
Maintain proper audit trails and documentation for reconciliations.
Support internal and external audits by providing required data and explanations.

6. Quality & Process Adherence

Ensure all reconciliations meet defined quality standards with minimal review comments.
Adhere to SOPs, client-specific guidelines, and reconciliation policies.
Proactively identify process gaps and suggest improvements.

7. MIS & Reporting Support

Update reconciliation trackers and dashboards with accurate status.
Provide inputs for reporting metrics such as:
- Reconciliation completion status
- Open items ageing
- Pending action items
Support reviewers and managers during governance reviews.

8. Continuous Improvement & Automation

Identify opportunities for standardization and automation.
Support implementation of tools and process enhancements.
Participate in transformation initiatives (e.g., reconciliation automation tools).

Key Skills & Competencies

Strong understanding of Balance Sheet Reconciliations and GL Accounting
Basic knowledge of R2R processes and financial reporting
Analytical thinking and problem-solving ability
Attention to detail and strong documentation skills
Working knowledge of reconciliation tools (BlackLine / ARCS / Excel-based recs)
Ability to manage deadlines and handle multiple accounts
Good communication and stakeholder coordination skills

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