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Job Description: Auditing Clerk

Position: Auditing Clerk Location: Chandulalbaradari, Hyderabad Company: Axis Bank

Job Summary: We are currently seeking a dedicated and detail-oriented Auditing Clerk to join our team at Axis Bank. As an Auditing Clerk, you will play a crucial role in ensuring the accuracy and integrity of financial records and transactions. Your primary responsibilities will include reviewing and verifying financial documents, reconciling accounts, and conducting internal audits. The ideal candidate for this position should possess strong analytical skills, attention to detail, and a solid understanding of financial principles.

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Responsibilities:

1. Review and Verify Financial Documents: Carefully examine financial documents, such as invoices, receipts, and expense reports, to ensure accuracy and adherence to financial regulations. Identify discrepancies or errors and take appropriate actions to resolve them promptly.
2. Reconcile Accounts: Perform regular reconciliations of bank statements, general ledgers, and other financial records. Match and cross-reference data to ensure consistency and identify any discrepancies. Collaborate with relevant departments to address and rectify any discrepancies found.
3. Conduct Internal Audits: Assist in conducting internal audits to evaluate the effectiveness of financial controls and compliance with established policies and procedures. Prepare audit reports detailing findings, recommendations, and areas for improvement. Collaborate with the audit team to implement corrective actions as needed.

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Skills and Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field is preferred.
• Strong analytical skills and a keen eye for detail.
• Solid understanding of financial principles and accounting practices.
• Proficient in using accounting software and MS Office applications, particularly Excel.
• Excellent verbal and written communication skills.
• Ability to work independently and meet deadlines.
• Strong organizational and problem-solving abilities.
• Knowledge of banking regulations and compliance standards is a plus.