Senior Executive Banking

Role & responsibilities

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:

1. Bank Position Management:

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

1. 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.

1. Payment Execution:

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

1. Fund Planning:

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

1. 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.
  

1. Statutory Payments:

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

1. 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.

1. 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.

1. Remittance Management:

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

1. 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.

Preferred candidate profile