We are looking for an Accounts Executive – Banking to manage the Company’s banking-related activities, particularly Bank Guarantees (BG), Letters of Credit (LC), bank documentation, renewals, amendments, and coordination with banks and project teams.

Key Responsibilities

- Handle the complete process of Bank Guarantees (BG), including issuance, amendment, extension/renewal, cancellation and release.
- Coordinate with banks for BG issuance, claim period, validity period, margin requirements, commission and other related matters.
- Maintain a detailed BG Register/MIS covering BG number, beneficiary, amount, issue date, validity, claim expiry date, margin and status.
- Monitor BG expiry and claim dates and ensure timely renewal, extension or release.
- Coordinate with Project/Site/Commercial teams for BG requirements and supporting documents.
- Handle Performance Bank Guarantees, Advance Bank Guarantees, Security Deposit Guarantees, Retention Money Guarantees and other project-related guarantees.
- Coordinate with clients/consultants for BG acceptance, amendments, extensions and release.
- Follow up with clients for BG release letters/NOCs after completion of contractual obligations.
- Coordinate with banks for Letters of Credit (LC), if applicable, including issuance, amendment and related documentation.




- Maintain proper records of BG/LC applications, sanction letters, bank correspondence, counter-guarantees and supporting documents.
- Monitor bank limits, BG limits, margin money and related banking facilities.
- Coordinate with the Accounts and Finance team for bank charges, commission, margin money and accounting entries related to BG/LC transactions.
- Prepare periodic Banking MIS for Management, including outstanding BGs, upcoming expiries, pending releases and bank-wise exposure.
- Coordinate with banks for bank statements, certificates, confirmations and other banking documents as required.
- Assist in bank audits, statutory audits and internal audits by providing required banking records and confirmations.
- Ensure timely completion of banking documentation and compliance with Company policies and bank requirements.

Preferred Candidate

Candidates having experience in Bank Guarantee handling for EPC, construction or infrastructure projects, with regular coordination with multiple banks and clients, will be preferred.

Job Type: Full time

Pay: ₹20,000.00 - ₹40,000.00 per month

Benefits

- Health insurance
- Provident Fund

Work Location: In person

📌 Accounts Executive - Banking & Finance (Panvel)
🏢 J.M.Mhatre Infra Pvt.Ltd.
📍 Panvel