TR
Job Description
- The successful candidate for the position of Banking/Treasury Executive will be entrusted with the following responsibilities:
- Treasury Management
- Tracking fund inflow and outflow,
- Daily updating fund balance sheet with daily receipt and payment
- Planning movement of funds as per requirement
- Preparation of budgeted Fund projection and taking CEO/CFO approval for Fund disbursement.
- Coordination with Financial Institutions for availing term loans for WC requirements, review of terms and conditions, paperwork, documentation, and execution of Agreement.
- Banking
- Recording receipts, recording processing employees, and vendor payments through the banking CMS process
- Coordination with bank personnel on a daily basis for banking-related tasks.
- Daily Bank reconciliation Coordination with banks financial institutions,
- Managing formalities and documentation related to fixed deposits, bank guarantees EMD.
- Adhering to timelines to ensure smooth accurate conduct of various banking activities.
- Tracking of FDs, BGs (including renewal) and EMDs.
- EMD-BG-Tender Deposit tracker update
- Monthly FD Interest working
- Periodical balance confirmation from banks and financial institutions.
- Submission of monthly Softex form with Export invoices in AD Bank.
- Checking pending bill status with the bank and adjusting against outstanding export bills.
- Collecting FIRC/E-BRC from the bank.
- Account Receivables/Payables
- Passing receipt entries after checking payment advice from the client or the relevant project team against outstanding invoices along with IT TDS and GST TDS.
- Checking vendor invoices with PO and terms of agreement and booking after consideration of tax aspects (GST and TDS).
- Obtaining and validating the vendor onboarding form along with supporting documentation.
- Monitoring overdue payables with respect to MSME and GST context and highlighting internally to take corrective action.
- Obtaining periodical balance confirmation and reconciliation of customer and vendor accounts.
- Payroll payment process:
- Processing for payment of monthly employee salary, CTC reimbursement, FNF, Gratuity, Meal card, etc. as per input received from the Payroll Department.
- Expense process
- Processing expenses received from the employees checking and taking approval for payment.
- Discrepancies are to be highlighted to the concerned employee or escalated to the reporting Manager.
- Director Credit card/ Corporate credit card expenses booking and timely payment.
- Quarterly credit card balance confirmation.
- Obtaining quarterly Imprest balance confirmation.
- Audit Closure Activity
- Monthly/quarterly/annual closure of all books of accounts adhering to timelines to ensure accurate and up-to-date reporting.
- Ensuring timely conduct of all audits and closure of all findings adhering to timelines to achieve audit objectives.
- Reconciling all balance sheet and income statement accounts on a monthly/quarterly basis.