Job Summary

We are looking for a responsible and detail-oriented Business Operations Executive to manage day-to-day banking and business operational activities. The role will primarily involve processing vendor payments, coordinating with banks, handling bank guarantees, fixed deposits, and other banking-related transactions while ensuring timely and accurate completion of financial and operational requirements.

Key Responsibilities

- Vendor Payments & Banking OperationsProcess and coordinate day-to-day payments to vendors, suppliers, and service providers.
- Prepare payment instructions and ensure timely processing through online banking platforms.
- Verify payment details, invoices, approvals, bank details, and supporting documents before initiating transactions.
- Maintain proper records of all payments and banking transactions.
- Coordinate with internal departments for payment approvals and documentation.
- Monitor payment status and resolve payment-related issues with vendors and banks.

Bank Guarantee Related Work

- Coordinate with banks for Bank Guarantee (BG) creation, renewal, amendment, and cancellation.
- Prepare and submit required documents to banks for issuance of Bank Guarantees.
- Track BG validity, expiry dates, margins, charges, and renewals.
- Coordinate with concerned departments and banks to ensure timely renewal or closure of guarantees.




- Handle documentation and correspondence related to bank guarantees and other banking facilities.

Fixed Deposits & Investments

- Coordinate with banks for Fixed Deposit (FD) creation, renewal, and closure.
- Maintain records of all FDs, maturity dates, interest rates, and related documentation.
- Monitor FD maturity schedules and coordinate for timely renewal or liquidation as required.
- Maintain proper documentation and reconciliation of deposits.

Bank Coordination

- Act as a primary point of contact for routine banking activities.
- Coordinate with bank relationship managers and branch officials for various requirements.
- Handle bank account-related documentation, certificates, confirmations, and statements.
- Follow up with banks regarding pending transactions, charges, documentation, and other operational matters.
- Assist in opening/closing bank accounts and updating authorized signatories or account-related details, as required.

Records & MIS

- Maintain accurate records of vendor payments, BGs, FDs, bank transactions, and other financial documents.
- Prepare regular banking and payment-related MIS/reports for management.
- Maintain payment trackers and ensure all transactions are properly documented.
- Assist in bank reconciliation and provide required information to the Accounts/Finance team.
- Ensure compliance with internal approval processes and company policies.

📌 Banking Operations Executive (Chandigarh)
🏢 Bhambhu Builders
📍 Chandigarh