Banking Executive

Trigyn

Banking Executive

Trigyn • Mumbai, Maharashtra • via Trigyn

8 hours ago

Full–time

Apply on Trigyn

Apply on BeBee India

Apply on Talent.com

Apply on Trabajo.org

Apply on Jobrapido.com

Apply on Expertini | India Jobs Expertini

Job description

Job Description

The successful candidate for the position of Banking/Treasury Executive will be entrusted with the following responsibilities:

Treasury Management

• Tracking fund inflow and outflow,

• Daily updating fund balance sheet with daily receipt and payment

• Planning movement of funds as per requirement

• Preparation of budgeted Fund projection and taking CEO/CFO approval for Fund disbursement.

• Coordination with Financial Institutions for availing term loans for WC requirements, review of terms and conditions, paperwork, documentation, and execution of Agreement.

Banking

• Recording receipts, recording & processing employees, and vendor payments through the banking CMS process

• Coordination with bank personnel on a daily basis for banking-related tasks.

• Daily Bank reconciliation Coordination with banks & financial institutions,

• Managing formalities and documentation related to fixed deposits, bank guarantees & EMD.

• Adhering to timelines to ensure smooth & accurate conduct of various banking activities.

• Tracking of FDs, BGs (including renewal) and EMDs.

• EMD-BG-Tender Deposit tracker update

• Monthly FD Interest working

• Periodical balance confirmation from banks and financial institutions.

• Submission of monthly Softex form with Export invoices in AD Bank.

• Checking pending bill status with the bank and adjusting against outstanding export bills.

• Collecting FIRC/E-BRC from the bank.

Account Receivables/Payables

• Passing receipt entries after checking payment advice from the client or the relevant project team against outstanding invoices along with IT TDS and GST TDS.

• Checking vendor invoices with PO and terms of agreement and booking after consideration of tax aspects (GST and TDS).

• Obtaining and validating the vendor onboarding form along with supporting documentation.

• Monitoring overdue payables with respect to MSME and GST context and highlighting internally to take corrective action.

• Obtaining periodical balance confirmation and reconciliation of customer and vendor accounts.

Payroll payment process:

• Processing for payment of monthly employee salary, CTC reimbursement, FNF, Gratuity, Meal card, etc. as per input received from the Payroll Department.

Expense process

• Processing expenses received from the employees checking and taking approval for payment.

• Discrepancies are to be highlighted to the concerned employee or escalated to the reporting Manager.

• Director Credit card/ Corporate credit card expenses booking and timely payment.

• Quarterly credit card balance confirmation.

• Obtaining quarterly Imprest balance confirmation.

Audit Closure Activity

• Monthly/quarterly/annual closure of all books of accounts adhering to timelines to ensure accurate and up-to-date reporting.

• Ensuring timely conduct of all audits and closure of all findings adhering to timelines to achieve audit objectives.

• Reconciling all balance sheet and income statement accounts on a monthly/quarterly basis.

Qualifications:

• Academic: Minimum B. Com graduate

• Experience: 3-5 years