Banking Executive

Job Description

Job description BANK EXECUTIVE Key Responsibilities: CC Knowledge: Understand and manage bank OD formalities, calculate monthly interest, and handle MIS/QIS preparation. Renewable OD CC: Prepare and manage annual renewal documents. Excel and Communication: Draft professional letters and emails; challenge incorrect interest charges and negotiate rates. Bank Visits: Visit banks as needed for payment processing or rate reduction. Daily Tasks: Bank Reconciliation: Download and reconcile bank statements. Cheque Management: Prepare, reconcile, scan, and file cheques. Suspense Entries: Address and review pending entries. Tax Payments: Manage online direct/indirect tax payments. Payment Processing: Handle payments for purchases, services, and vendor queries Receipts : Record receipts from customers, co-ordinate revenue dept for new customers ledger creation in Tally. Reports: Prepare fuel usage, trade payables ageing, and TDS deductions reports. Vendor Management: Track fuel card usage and resolve mobile connection issues. Reconciliation: Daily reconciliation for Bank Statements in Tally. Preparation of BRS Reports for All accounts on daily, weekly, and monthly basis User ID Password Management: Update all user id and passwords for online banking for downloading statements Interbranch Reco : Reconcile Inter Branch Entries between Inter Companies in Tally Pending Invoices : Keep track of advance payments made, List of Advance Payments against which Invoices are pending Utility & Credit Card Payments: Ensure timely payments and record in Tally.