Job Description
Analyst - Cash & Banking
Job Description
Position Summary
The Banking Analyst at NIQ will be instrumental in supporting the financial accounting processes for banking activities within the organization. This role is crucial in Global Finance Operations, and ensures the accurate and timely recording, reporting, and analysis of financial transactions related to banking operations, thereby maintaining the integrity of financial data.
Key Responsibilities
• Transaction Processing: Handle daily bank transactions and postings to ensure accuracy in the records and accounts. Monitor and record bank transactions, such as deposits, withdrawals, and transfers.
• Reconciliation: Perform regular reconciliations of bank statements against the general ledger, identifying discrepancies and resolving issues promptly. Assist in preparing and reviewing bank reconciliations.
• Reporting: Assist in the preparation and analysis of financial reports related to banking activities, ensuring they comply with internal policies and external regulations. Prepare financial reports such as cash flow statements and detailed bank reconciliations.
• Compliance: Maintain adherence to financial regulations and standards in all banking activities, ensuring compliance with both internal controls and external legal requirements. Stay updated with banking regulations and best practices to ensure ongoing compliance and inform process improvements.
• Support Audits: Provide necessary documentation and support during internal and external audits related to banking transactions and processes. Collaborate with internal stakeholders to gather and provide necessary documentation for banking transactions and audits.
• Process Improvement: Identify opportunities for process enhancements in banking operations to increase efficiency and reduce errors.
• Bank Account Management: Assist in managing bank accounts, including opening and closing accounts, updating signatories, and maintaining banking relationships.
• Support Treasury Operations: Support the treasury team in cash management activities, including cash forecasting and liquidity management.
• Ad-hoc Financial Tasks: Provide support in ad-hoc financial analysis and reporting tasks as required.
Qualifications
• Bachelor’s degree in Accounting, Finance, or related field.
• 1-3Yrs experience in banking or finance, particularly with hands-on experience in transaction processing and bank reconciliations.
• Technical Proficiency: Strong proficiency in accounting software and systems, as well as Microsoft Office, especially Excel.
• Attention to Detail: High level of accuracy and attention to detail in handling financial transactions and data.
• Analytical Skills: Ability to analyze financial data and identify discrepancies or areas for improvement.
• Communication Skills: Good communication skills, with the ability to convey financial information clearly to both financial and non-financial stakeholders.
Additional Information
Our Benefits
• Flexible working environment
• Volunteer time off
• LinkedIn Learning
• Employee-Assistance-Program (EAP)
NIQ may utilize artificial intelligence (AI) tools at various stages of the recruitment process, including résumé screening, candidate assessments, interview scheduling, job matching, communication support, and certain administrative tasks that help streamline workflows. These tools are intended to improve efficiency and support fair and consistent evaluation based on job-related criteria. All use of AI is governed by NIQ’s principles of fairness, transparency, human oversight, and inclusion. Final hiring decisions are made exclusively by humans. NIQ regularly reviews its AI tools to help mitigate bias and ensure compliance with applicable laws and regulations. If you have questions, require accommodations, or wish to request human review were permitted by law, please contact your local HR representative. For more information, please visit NIQ’s AI Safety Policies and Guiding Principles: https://www.nielseniq.com/global/en/ai-safety-policies.
About NIQ
NIQ is the world’s leading consumer intelligence company, delivering the most complete understanding of consumer buying behavior and revealing new pathways to growth. In 2023, NIQ combined with GfK, bringing together the two industry leaders with unparalleled global reach. With a holistic retail read and the most comprehensive consumer insights—delivered with advanced analytics through state-of-the-art platforms—NIQ delivers the Full View™. NIQ is an Advent International portfolio company with operations in 100+ markets, covering more than 90% of the world’s population.
For more information, visit NIQ.com
Want to keep up with our latest updates?
Follow us on: LinkedIn | Instagram | Twitter | Facebook
Our commitment to Diversity, Equity, and Inclusion
At NIQ, we are steadfast in our commitment to fostering an inclusive workplace that mirrors the rich diversity of the communities and markets we serve. We believe that embracing a wide range of perspectives drives innovation and excellence. All employment decisions at NIQ are made without regard to race, color, religion, *** (including pregnancy, ****** orientation, or gender identity), national origin, age, disability, genetic information, marital status, veteran status, or any other characteristic protected by applicable laws. We invite individuals who share our dedication to inclusivity and equity to join us in making a meaningful impact. To learn more about our ongoing efforts in diversity and inclusion, please visit the https://nielseniq.com/global/en/news-center/diversity-inclusion
Experience Level
Mid Level
Job Description
Position Summary
The Banking Analyst at NIQ will be instrumental in supporting the financial accounting processes for banking activities within the organization. This role is crucial in Global Finance Operations, and ensures the accurate and timely recording, reporting, and analysis of financial transactions related to banking operations, thereby maintaining the integrity of financial data.
Key Responsibilities
• Transaction Processing: Handle daily bank transactions and postings to ensure accuracy in the records and accounts. Monitor and record bank transactions, such as deposits, withdrawals, and transfers.
• Reconciliation: Perform regular reconciliations of bank statements against the general ledger, identifying discrepancies and resolving issues promptly. Assist in preparing and reviewing bank reconciliations.
• Reporting: Assist in the preparation and analysis of financial reports related to banking activities, ensuring they comply with internal policies and external regulations. Prepare financial reports such as cash flow statements and detailed bank reconciliations.
• Compliance: Maintain adherence to financial regulations and standards in all banking activities, ensuring compliance with both internal controls and external legal requirements. Stay updated with banking regulations and best practices to ensure ongoing compliance and inform process improvements.
• Support Audits: Provide necessary documentation and support during internal and external audits related to banking transactions and processes. Collaborate with internal stakeholders to gather and provide necessary documentation for banking transactions and audits.
• Process Improvement: Identify opportunities for process enhancements in banking operations to increase efficiency and reduce errors.
• Bank Account Management: Assist in managing bank accounts, including opening and closing accounts, updating signatories, and maintaining banking relationships.
• Support Treasury Operations: Support the treasury team in cash management activities, including cash forecasting and liquidity management.
• Ad-hoc Financial Tasks: Provide support in ad-hoc financial analysis and reporting tasks as required.
Qualifications
• Bachelor’s degree in Accounting, Finance, or related field.
• 1-3Yrs experience in banking or finance, particularly with hands-on experience in transaction processing and bank reconciliations.
• Technical Proficiency: Strong proficiency in accounting software and systems, as well as Microsoft Office, especially Excel.
• Attention to Detail: High level of accuracy and attention to detail in handling financial transactions and data.
• Analytical Skills: Ability to analyze financial data and identify discrepancies or areas for improvement.
• Communication Skills: Good communication skills, with the ability to convey financial information clearly to both financial and non-financial stakeholders.
Additional Information
Our Benefits
• Flexible working environment
• Volunteer time off
• LinkedIn Learning
• Employee-Assistance-Program (EAP)
NIQ may utilize artificial intelligence (AI) tools at various stages of the recruitment process, including résumé screening, candidate assessments, interview scheduling, job matching, communication support, and certain administrative tasks that help streamline workflows. These tools are intended to improve efficiency and support fair and consistent evaluation based on job-related criteria. All use of AI is governed by NIQ’s principles of fairness, transparency, human oversight, and inclusion. Final hiring decisions are made exclusively by humans. NIQ regularly reviews its AI tools to help mitigate bias and ensure compliance with applicable laws and regulations. If you have questions, require accommodations, or wish to request human review were permitted by law, please contact your local HR representative. For more information, please visit NIQ’s AI Safety Policies and Guiding Principles: https://www.nielseniq.com/global/en/ai-safety-policies.
About NIQ
NIQ is the world’s leading consumer intelligence company, delivering the most complete understanding of consumer buying behavior and revealing new pathways to growth. In 2023, NIQ combined with GfK, bringing together the two industry leaders with unparalleled global reach. With a holistic retail read and the most comprehensive consumer insights—delivered with advanced analytics through state-of-the-art platforms—NIQ delivers the Full View™. NIQ is an Advent International portfolio company with operations in 100+ markets, covering more than 90% of the world’s population.
For more information, visit NIQ.com
Want to keep up with our latest updates?
Follow us on: LinkedIn | Instagram | Twitter | Facebook
Our commitment to Diversity, Equity, and Inclusion
At NIQ, we are steadfast in our commitment to fostering an inclusive workplace that mirrors the rich diversity of the communities and markets we serve. We believe that embracing a wide range of perspectives drives innovation and excellence. All employment decisions at NIQ are made without regard to race, color, religion, *** (including pregnancy, ****** orientation, or gender identity), national origin, age, disability, genetic information, marital status, veteran status, or any other characteristic protected by applicable laws. We invite individuals who share our dedication to inclusivity and equity to join us in making a meaningful impact. To learn more about our ongoing efforts in diversity and inclusion, please visit the https://nielseniq.com/global/en/news-center/diversity-inclusion
Experience Level
Mid Level
💡 Quick Summary
Seeking a career-building opportunity? The Banking Analyst position is now open for candidates interested in the Bank Jobs sector. This role in Pune offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.