Finance Executive Banking Operations

3 - 5 years

9 - 12 Lacs

Posted:-1 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Position:

Location:

Key Responsibilities

1. Group Banking Operations

  • Manage day-to-day banking activities across group entities, recording fund transfers, bank reconciliations
  • Liaise with banking partners to ensure smooth operations and resolve any banking-related issues.
  • Proficient in handling financial processes in a multi-currency environment, with experience in foreign exchange transactions, currency revaluations, and compliance with international accounting standards.

2. Cross-Functional Coordination

  • Collaborate with Accounts Payable (AP), Accounts Receivable (AR), Payroll, and Treasury teams to ensure timely and accurate financial transactions.
  • Support intercompany fund movements and ensure proper documentation and compliance.

3. Month-End Close Support

  • Assist in month-end closing activities including bank reconciliations, cash flow reporting, and variance analysis .
  • Ensure timely and accurate recording of banking transactions in financial systems.
  • Support accruals and adjustments related to banking and treasury operations.

4. Audit and Compliance

  • Prepare and provide banking-related documentation and reconciliations for internal and external audits.
  • Ensure compliance with internal controls, company policies, and regulatory requirements.
  • Assist in implementing and maintaining robust controls over banking and treasury processes.
  • Ensure compliance with IFRS and USGAAP and statutory reporting norms.

5. Reporting and Analysis

  • Analyse banking charges and recommend cost optimization strategies.
  • Monitor and report on key banking metrics and trends.

6. Process Improvement

  • Identify opportunities to streamline banking and financial coordination processes.
  • Support automation initiatives and system enhancements related to banking and finance operations.
  • Stay updated on industry best practices and regulatory changes impacting banking and treasury functions.

7. Fixed Assets accounting

  • Accurately maintain the fixed asset register by recording acquisitions, disposals, transfers, and adjustments related to Property, Plant, and Equipment (PPE). Ensure timely updates to reflect the status of all assets.
  • Assist in the capitalization of assets by verifying eligibility and supporting documentation. Record depreciation in accordance with applicable accounting standards and reconcile fixed asset accounts to ensure accuracy and completeness
  • Ensure all PPE-related transactions comply with relevant accounting standards (IFRS, US GAAP) and internal company policies. Maintain proper documentation and support audit requirements through accurate and transparent reporting.

Qualifications

Education:

  • Chartered Accountant (CA) or CA Inter with a minimum of 3 years of relevant experience in banking, finance, or treasury operations.

Skills:

  • Strong understanding of banking operations and financial processes.
  • Proficiency in accounting software (Oracle NetSuite preferred).
  • Sound knowledge about IFRS standards.
  • Advanced Excel and financial analysis skills.
  • Excellent organizational and time management abilities
  • High attention to detail and accuracy.
  • Strong verbal and written communication skills for effective interaction with internal and external stakeholders High attention to detail and strong organizational skills.
  • Ability to work collaboratively across departments and manage multiple priorities.

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