- Process vendor, employee reimbursement, statutory, and other business payments.
- Verify supporting documents and approvals before releasing payments.
- Prepare payment schedules and ensure timely execution through banking portals.
- Coordinate with banks for NEFT, RTGS, IMPS, and other payment transactions.
- Ensure compliance with company payment policies and authorization matrix.
Treasury Accounting
- Pass treasury-related accounting entries in ERP/accounting software.
- Record fund transfers, bank charges, interest income, loan transactions, and other treasury transactions.
- Maintain proper documentation and audit trails for all treasury transactions.
- Monitor daily bank balances and cash positions.
Bank Reconciliation
- Perform monthly and periodic bank reconciliations for all bank accounts.
- Investigate and resolve unreconciled items and discrepancies.
- Track outstanding cheques, bank charges, direct debits, and credit entries.
- Maintain reconciliation statements and supporting schedules for audits.
Cash Flow & Treasury Support
- Assist in preparing daily and weekly cash flow reports.
- Sharing daily MIS of Fund Position.
- Support working capital and liquidity management activities.
- Monitor fund movements and provide updates to management.
Compliance & Reporting
- Maintain accurate records for internal and statutory audits.
- Ensure compliance with accounting standards and company policies.
- Assist in monthly and year-end closing activities.
Key Requirements:
- Knowledge of banking procedures and online banking platforms.
- Solid knowledge of accounting principles and bank reconciliation.
- Hands-on experience with ERP systems such as Dynamics, Tally, etc.
- Proficiency in MS Excel