Finance Associate/ Finance Executive

Job Description: Treasury & Disbursement Accounts Executive Position Overview

We are seeking a detail-oriented and proactive professional to join our Finance team as a Treasury & Disbursement Accounts Executive. The role involves managing daily treasury operations, accounts payable, and processing of port disbursement accounts (PDAs/FDAs). The ideal candidate will have strong financial acumen, hands-on experience with ERP/accounting systems, and the ability to coordinate effectively with banks, vendors, internal teams, and port agents.

Key Responsibilities

Treasury & Accounts Payable:

• Monitor daily bank balances and cash positions.
• Prepare daily and weekly cash flow reports.
• Coordinate with banks for fund transfers, forex settlements, and related documentation.
• Support treasury operations including KYC compliance, banking correspondence, and mandate updates.
• Process vendor invoices, ensuring accuracy, approvals, and correct coding.
• Execute scheduled payment runs (weekly/bi-weekly/monthly).
• Reconcile vendor statements and resolve discrepancies.
• Assist with audit processes and month-end closing activities related to cash and payables.
• Ensure adherence to company policies, internal controls, and compliance frameworks.

Disbursement Accounts (DA) Processing:

• Assist in preparation and review of Proforma Disbursement Accounts (PDAs) and Final Disbursement Accounts (FDAs).
• Verify invoices and supporting documents for port calls to ensure accuracy and compliance with contractual terms.
• Coordinate with port agents, charterers, operations, and vendors to resolve queries.
• Update and maintain DA tracking systems with port call details, cost breakdowns, and payment status.
• Ensure timely submission of DAs to clients, charterers, and internal stakeholders.
• Maintain proper filing and documentation of DA-related records.
• Support internal audits, compliance checks, and reporting requirements.
• Participate in process improvement initiatives to enhance accuracy and efficiency in DA processing.

Key Skills & Competencies

• Strong knowledge of Accounts Payable, Treasury Operations, and Reconciliations.
• Familiarity with port operations, shipping, and disbursement accounts (preferred).
• Proficiency in ERP/accounting software (SAP, Oracle, Tally, etc.) and MS Excel (Pivot tables, VLOOKUP, etc.).
• Excellent analytical, numerical, and problem-solving skills.
• High attention to detail and accuracy in financial documentation.
• Strong communication and stakeholder coordination skills.
• Integrity, confidentiality, and adherence to compliance standards.
• Ability to work under deadlines and manage multiple priorities.

Qualifications & Experience

• Bachelor’s degree in Commerce, Finance, Accounting, or related field.
• 2–5 years of experience in finance, accounts payable, treasury, or shipping operations.
• Experience in shipping, logistics, or maritime industry will be an advantage.

Job Types: Full-time, Permanent

Pay: ₹450,000.00 - ₹600,000.00 per year

Benefits:

• Health insurance
• Provident Fund

Work Location: In person