EXECUTIVE

Job Description

Job Summary: We are seeking a highly motivated and detail-oriented Executive for our Finance Department at a Stock Broking Company in India. The ideal candidate will be responsible for various accounting tasks, including managing client receipts and payments, conducting Bank Reconciliation Statements (BRS), and overseeing the allocation of client and proprietary funds within the stock exchange and PCM Key Responsibilities : Client Receipts and Payments: Manage and record all client transactions, including deposits, withdrawals, and trading settlements. Ensure accurate and timely processing of client payments and receipts. Verify transaction details for accuracy and compliance with regulatory requirements. Bank Reconciliation Statements (BRS): Prepare regular Bank Reconciliation Statements to reconcile discrepancies between company records and bank statements. Investigate and resolve any discrepancies or variances in a timely manner. Keep accurate records of all reconciliations for audit and compliance purposes. Exchange Allocation of Client and Proprietary Funds: Coordinate with stock exchange authorities to allocate client and proprietary funds as per regulatory guidelines. Monitor fund allocations to ensure compliance with exchange regulations and client preferences. Prepare and maintain records of fund allocations and related documentation. Compliance and Documentation: Stay updated with SEBI and other relevant regulatory guidelines related to stock broking and financial operations. Maintain accurate records and documentation to ensure compliance with regulatory requirements. Team Collaboration: Collaborate with cross-functional teams, including trading, compliance, and operations, to ensure seamless financial operations. Provide support during audits and regulatory inspections. Qualifications and Skills: Bachelors degree in finance, Accounting, or a related field. Strong understanding of accounting principles and practices. Proficiency in MS Excel. Excellent attention to detail and analytical skills. Strong communication and interpersonal abilities. Ability to work in a fast-paced and dynamic environment.