Tesco Hiring for Associate-Reconciliation at Bengaluru, Karnataka Full Time

Tesco Bengaluru

We are a multi-disciplinary team creating a sustainable competitive advantage for Tesco by standardising processes, delivering cost savings, enabling agility, providing cutting-edge technological solutions and empowering our colleagues to do ever more for our customers. With cross-functional expertise in Global Business Services and Retail Technology & Engineering, a wide network of teams and strong governance we reduce complexity thereby offering high quality services for our customers. Tesco Bengaluru, established in 2004 to enable standardisation and build centralised capabilities and competencies, makes the experience better for our millions of customers worldwide and simpler for over 4,40,000 colleagues.

At Tesco Business Services, we have a mission to simplify, scale & partner to serve our customers, colleagues and suppliers through a best in class intelligent Business Services model . We do this by building a world class business services model by executing service model framework right at the heart of everything we do for our worldwide customers. The key objective is to implement and execute service model across all our functions and markets consistently. The ethos of business services is to free-up our colleagues from a regular manual operational work. We use cognitive technology to augment our key decision making. We also built a Continuous Improvement (CI) culture across functions to drive bottom-up business efficiencies by optimising processes. Business services colleagues need to act as a business partner with our group stakeholders to build a collaborative partnership driving continuous improvement across markets and functions to lead the best customer experience by serving our shoppers a little better every day.

At Tesco, inclusion means that Everyone?s Welcome. Everyone is treated fairly and with respect; by valuing individuality and uniqueness we create a sense of belonging.

Diversity and inclusion have always been at the heart of Tesco. It is embedded in our values: we treat people how they want to be treated. We always want our colleagues to feel they can be themselves at work and we are committed to helping them be at their best.

Across the Tesco group we are building an inclusive workplace, a place to actively celebrate the cultures, personalities and preferences of our colleagues ? who in turn help to build the success of our business and reflect the diversity of the communities we serve.

Job Description

Completing accounts payable and accounts receivable statement reconciliation within given timelines for set of accounts; by resolving mismatches identified in reconciliation.

Prioritizing calls/ meetings with suppliers to reconcile statements and understand any issues.

Working collaboratively with various finance teams (P2P; C2C and R2R) to resolve issues.

Should have strong knowledge of P2P; C2C and basics of accounting to understand and solve balance mismatches.

Recognizing customer priorities when providing insights and making recommendations in-line with these; highlighting potential business impacts. Recognizing and advising others on the most relevant information sources based on the insights/data required.

Overseeing end-to-end production of reports/ statements as an expert in a particular area or function.

Taking accountability for ensuring accuracy and integrity of overall reporting and compliance to relevant requirements.

Driving continuous improvement of reporting processes; incl. driving integrity and compliance; and challenging effectiveness of regular reporting.

Qualifications

This incumbent plays an instrumental role in reconciling supplier balances of both payables and receivables. This activity involves; reconciling; resolving issues and producing audit ready balance statements.

Strong Verbal and Written Communication Basic MS Office – Excel, Word Eye-to-Detail Speed and Accuracy Planning and Organising Basic Numeracy skills.

Experience in P2P/ C2C/ R2R processes. End to end knowledge of P2P/ C2C processes. Ability to work on large data sets to perform trend analysis and review data using any Statistical tools. Preferable experience of working on any ERP Preferable knowledge of Financial Processing and Control and Compliance

Additional Information

Last Date of Application-19th August 2023

Important Notice:
On behalf of Tesco Bengaluru, we must caution all job seekers and educational institutions that Tesco Bengaluru does not authorise any third parties to release employment offers or conduct recruitment drives via a third party. Hence, beware of inauthentic and fraudulent job offers or recruitment drives from any individuals or websites purporting to represent Tesco. Further, Tesco Bengaluru does not charge any fee or other emoluments for any reason (including without limitation, visa fees) or seek compensation from educational institutions to participate in recruitment events.

Accordingly, please check the authenticity of any such offers before acting on them and where acted upon, you do so at your own risk. Tesco Bengaluru shall neither be responsible for honouring or making good the promises made by fraudulent third parties, nor for any monetary or any other loss incurred by the aggrieved individual or educational institution.

In the event that you come across any fraudulent activities in the name of Tesco Bengaluru, please feel free report the incident at recruitment_compliance_india@tesco.com