- Manage company bank accounts and daily banking transactions.
- Process NEFT, RTGS, IMPS, cheque payments and collections.
- Monitor bank balances and ensure sufficient funds.
- Coordinate with banks for account-related issues.
2. Bank Reconciliation
- Reconcile bank statements with company books.
- Identify missing, incorrect or duplicate transactions.
- Resolve discrepancies with the bank/accounts team.
3. Payments & Receivables
- Process vendor and supplier payments.
- Monitor customer collections and incoming payments.
- Maintain payment schedules and follow up on pending transactions.
4. Loans & Finance
- Handle bank loans, working capital limits, overdrafts and other finance facilities.
- Prepare loan-related documents and coordinate with banks.
- Track EMIs, interest payments and repayment schedules.
5.
Cash Flow Management
- Monitor daily cash inflow and outflow.
- Prepare cash-flow statements or forecasts.
- Ensure the company has enough funds for salaries, suppliers, expenses, etc.
6. Financial Reporting & MIS
- Prepare banking and finance-related MIS reports.
- Track outstanding payments, receivables, loans and cash position.
- Share financial data with management.
7. Documentation & Compliance
- Maintain bank statements, loan documents, payment records and financial documentation.
- Handle KYC and other banking requirements.
- Coordinate with auditors, banks and financial institutions.