Senior Banking Executive

Job Summary

We are seeking a detail-oriented and experienced Banking and Finance Executive to manage daily, weekly, monthly, and ad-hoc financial and banking operations. The ideal candidate will handle fund planning, reconciliation, statutory payments, reporting, and documentation processes, ensuring smooth financial workflows and compliance with all regulations.

Daily Responsibilities

Bank Position Management:

• Download and consolidate bank account statements.
• Share bank statements with the team for review

• Loan and PDC Tracker Maintenance:

• Update and maintain loan and post-dated cheque (PDC) trackers.
• Transfer funds to respective accounts and pass loan entries in Tally.

• Payment Execution:

• Execute payment plans and share payment advice with respective accountants.

• Fund Planning:

• Prepare fund planning reports.
• Conduct internal fund transfers and pass related entries.

• Bank Reconciliation:

• Reconcile daily bank transactions for all accounts.

Weekly Responsibilities:

1. Cash Flow Reporting:

• Share weekly inflow and outflow statements with projections for the upcoming week.

Monthly Responsibilities:

1. Salary Processing:

• Process salary payments and record entries in Tally.

• Statutory Payments:

• Ensure timely payment of TDS, PF, ESIC, PT, and GST on specific government portals.

• Loan Balance Confirmation:

• Verify loan balances and update schedules accordingly.

Quarterly Responsibilities:

1. Stock and Debt Reporting:

• Prepare BSS Stock Statements and Book Debt reports

• Audit Support:

• Assist with quarterly audits, ensuring all records are accurate and up to date.

Ad-hoc Responsibilities:

1. Director's Online Banking:

• Manage director-related online banking, credit card payments, and payments for affiliated foundations

• Remittance Management:

• Prepare documents for inward and outward remittances.
• Upload remittance details to bank portals.

• Loan Documentation:

• Handle documentation for loan creation and closure as needed.

Skills

• Proficiency in Tally and advanced Excel skills.
• Experience in handling banking transactions, fund transfers, and statutory compliance.
• Ability to manage multiple tasks and meet deadlines efficiently.

Key Attributes:

• Effective communication and teamwork skills.
• Knowledge of statutory compliance processes (TDS, GST, PF, etc.).
• Familiarity with banking portals and remittance documentation.