Banking Associate

Job Description for Banking Accounting Associate

Job Title: Banking Accounting Associate

Position Overview:

We are seeking a detail-oriented and dependable Banking Accounting Associate to support daily banking

and cash accounting operations. This role involves processing bank transactions, reconciling bank

accounts, investigating discrepancies, and assisting with treasury-related reporting. The ideal candidate

is analytical, well-organized, and comfortable working in a fast-paced environment.

Key Responsibilities:

 Perform daily reconciliation of bank accounts to the general ledger and investigate any

discrepancies.

 Record and process bank transactions, including deposits, payments, transfers, and returned

items.

 Assist with the month-end close process, including preparation of journal entries for cash and

banking activity.

 Coordinate with internal departments to resolve issues related to unidentified payments,

returned checks, or cash discrepancies.

 Monitor and reconcile credit card, ACH, and wire transactions.

 Maintain banking records and documentation in accordance with internal controls and audit

requirements.

 Support the Treasury team in preparing cash flow and banking reports as needed.

 Assist with compliance and control procedures related to banking and cash handling.

Qualification & Experience Required:

 Bachelor’s degree in Accounting, Finance, or related field (or equivalent work experience).

 1 to 3 years of experience in accounting, preferably with exposure to banking, treasury, or cash

management functions.

 Strong attention to detail and accuracy in data entry and reconciliations.

 Proficiency in Microsoft Excel and experience with NetSuite and other ERP systems (e.g., Oracle,

SAP) is a prerequisite.

 Good communication and organizational skills.

Preferred:

 Experience in a large corporate or shared services environment.

 Familiarity with treasury or banking platforms (e.g., JPMorgan Access, Bank of America).

 Retail or multi-location business experience.

Job Types: Full-time, Permanent

Pay: ₹600,000.00 - ₹840,000.00 per year

Benefits:

• Provident Fund

Schedule:

• Rotational shift
• US shift

Experience:

• Banking accociate: 1 year (Preferred)
• Bank reconciliation: 1 year (Preferred)
• NetSuite: 1 year (Preferred)
• Oracle: 1 year (Preferred)
• Corporate finance: 1 year (Required)
• Corporate accounting: 1 year (Preferred)

Work Location: Remote