Uddhesh Mhadnak
Banker
Dombivli-East,MH
Summary
Professional with solid experience in financial reconciliation and data analysis, prepared to drive accuracy and efficiency. Proven track record in identifying discrepancies and ensuring compliance with financial regulations. Strong focus on team collaboration and achieving results, adaptable to changing needs. Skilled in account reconciliation, problem-solving, and utilizing financial software. Recognized for reliability and results-oriented approach.
Overview
9
9
years of professional experience
Work History
Reconciliation Analyst
Mindgate Solutions Pvt Ltd
11.2025 - Current
- End-to-End Reconciliation: Perform daily 3-way reconciliation between Internal Transaction Logs, Bank Settlement Reports (BSR), and NPCI Raw Files for high-volume UPI transactions (Average daily volume: e.g 23 to 25 CR Txns.)
- Settlement Management: Ensure accurate credit of Net Settlement Amounts (NSA) into Nodal/Escrow accounts, verifying MDR, GST, and interchange fee deductions.
- Exception Handling: Identify and resolve "Deemed Success," "Timed Out," and "Failed but Charged" cases by performing root cause analysis (RCA) on technical declines.
- Dispute & Risk Management: Manage the full lifecycle of disputes using the NPCI Dispute Management System.
- Process Automation: Developed SQL queries and Excel macros to automate the matching of massive datasets, reducing manual intervention and cutting reporting TAT.
- Compliance: Maintain 100% adherence to RBI and NPCI guidelines regarding refund timelines and transaction status updates.
- Contributed to the successful integration of acquired companies by leading efforts to reconcile intercompany transactions accurately and efficiently.
Associate F & A Services
IDFC FIRST BANK LTD. (HINDUJA GLOBAL SOLUTIONS PVT LTD.)
06.2023 - 10.2025
- Project Name – TOLL & TRANSIT FASTAG OPERATIONS (E-Toll).
- Preaparing monthly MIS for reporting.
- Performing Issuer & Acquirer all activities
- Raising Chargeback, Pre Arbitration, Arbitration and Good Faith and providing proper resolution at dispute received from customer within TAT.
- Raising Technical Chargeback on Blacklist and Low Balance Cases.
- Taking decisions on provided plaza remarks.
- Work on Acquirer & Issuer mails.
- Handling violation cases which are received on portal and mails.
- Performing Technical Chargeback activity.
- Mapper class change activity basis on issuance & violations.
MIS EXECUTIVE
IDFC FIRST BANK LTD. (JANASWAMY ASSOCIATE)
02.2022 - 06.2023
- Reconciliation of IDFC First Bank Multy currency Nostro.
- Preparation of Nostro Reconciliation Report.
- Reconciliation of Nostro Balance with open nostro and mirror entries
- Updating of Nostro Balance.
- Follow up and coordination for High aging entries with concern teams
- Reconciliation of nostro at transaction level and balance level
- Remarks updating in system against open nostro entries.
- Identifying the disconnect in balance level
- Identifying the units of whom the transaction pertains to respective Teams.
- Swift Reconciliation and Swift vs CBS
- Monitoring Swift outward and inward message
- Highlighting the difference if any.
- Swift alert monitoring. High value transaction process in outward Swift by the respective stake holders Publishing of unmatched swift entries to concern unit heads
- Forced Matching of transaction on the basis of authorized authorities
- MIS preparation, Preparation of operation manuals, worked on Process Automation.
Jewellery Sales Associate at SHRI SAMARTH JEWELLERS
05.2019 - 12.2020
- Performing cashiering duties such as providing the cashier information relating to the weight of a piece or set of jewellery purchased by a customer (involves silver & gold jewellery)
Dispute Analyst
IDFC Bank Ltd.
07.2018 - 03.2019
- Bharat Banking department (Banking Process)
- Raising Transaction Disputes.
- Hotlisting, Blocking, Unblocking & Reissue debit cards.
MKCL MS–CIT INSTITUTE
06.2017 - 07.2018
- Solving student’s problems regarding Practical’s & theory.
Education
BSC - IT
Mumbai
01.2020
H.S.C - undefined
Maharashtra
01.2015
S.S.C - undefined
Maharashtra
01.2013
Skills
Operating System’s : Windows XP,7,8,1,10
MS Office : Proficient in Excel basic to advance, Word, Power Point MS Power BI, Proficient in using chat GPT prompts
Languages : C, C, JAVA, SQL, Python
Final Year Project : PIZZA Order System
Timeline
Reconciliation Analyst
Mindgate Solutions Pvt Ltd
11.2025 - Current
Associate F & A Services
IDFC FIRST BANK LTD. (HINDUJA GLOBAL SOLUTIONS PVT LTD.)
06.2023 - 10.2025
MIS EXECUTIVE
IDFC FIRST BANK LTD. (JANASWAMY ASSOCIATE)
02.2022 - 06.2023
Jewellery Sales Associate at SHRI SAMARTH JEWELLERS
05.2019 - 12.2020
Dispute Analyst
IDFC Bank Ltd.
07.2018 - 03.2019
MKCL MS–CIT INSTITUTE
06.2017 - 07.2018
H.S.C - undefined
Maharashtra
S.S.C - undefined
Maharashtra
BSC - IT
Mumbai