Position Summary

We are looking for a proactive and detail-oriented Banking Relations & Treasury Operations to manage day-to-day banking coordination, bank documentation, insurance accounting, claim administration, and loan servicing activities. The role requires regular interaction with banks, internal stakeholders, insurers, and auditors to ensure smooth treasury and compliance operations.

Key Responsibilities:

1. Banking Relationship Management

- Coordinate with banks for opening, closing, and modification of bank accounts.
- Manage registration, addition, deletion, and updation of authorized bank signatories.
- Handle documentation and liaison with banks for KYC compliance and statutory requirements.
- Coordinate with banks for activation, modification, and maintenance of net banking facilities.
- Manage user creation, access controls, maker-checker setup, and digital banking administration.
- Track bank charges, service issues, and ensure timely resolution with banking partners.

2. Bank Reconciliation

- Perform periodic bank reconciliations and identify unreconciled entries.
- Follow up with banks and internal teams for resolution of outstanding transactions.
- Prepare reconciliation reports and ensure timely closure of pending items.
- Support month-end and year-end financial closing activities.

3. Insurance Accounting & Claims Management

- Maintain records of insurance policies and premium payments.
- Account for insurance-related transactions in ERP/accounting systems.
- Coordinate with insurers, surveyors, and internal stakeholders for claim processing.
- Prepare and submit claim documentation and monitor claim status until settlement.
- Maintain claim registers and MIS reports.

4. Term Loan & Banking Facility Servicing

- Monitor repayment schedules for term loans and other banking facilities.
- Ensure timely payment of principal,



interest, and related bank charges.
- Coordinate with lenders for compliance submissions and information requirements.
- Maintain loan documentation, sanction letters, and covenant tracking.
- Support renewal and modification of banking facilities.

5. Compliance & Reporting

- Maintain banking master records and documentation repository.
- Prepare treasury and banking MIS reports.
- Assist during internal audits, statutory audits, and bank audits.
- Ensure compliance with internal controls and company policies.

Experience & SkillsExperience

- 4-7 years of experience in Treasury, Banking Operations, Finance, or Accounts.
- Experience in banking documentation, reconciliations, insurance claims, and loan administration preferred.

Required Skills

- Solid understanding of banking operations and documentation.
- Knowledge of net banking platforms and banking compliance requirements.
- Experience in bank reconciliation and accounting processes.
- Familiarity with insurance accounting and claim management.
- Good communication and stakeholder management skills.
- Proficiency in MS Excel and ERP systems (SAP/Oracle preferred).
- Strong analytical and problem-solving abilities.

Key Competencies

- Attention to detail
- Relationship management
- Accountability and ownership
- Process orientation
- Time management
- Team collaboration

Role: Finance & Accounting - Other, Industry Type: Chemicals, Department: Finance & Accounting, Employment Type: Full Time, Permanent Role Category: Finance & Accounting - Other Education PG: CA in CA, First Attempt, Second Attempt, ICWA (CMA) in ICWA (CMA) Key Skills Skills highlighted with ‘‘ are preferred keyskills Treasury OperationsBank Reconciliation Statement TreasuryBanking RelationsInsurance AccountingTerm LoanCompliance ReportingBank DocumentationStakeholder ManagementBank CoordinationSAPOracle

📌 Banking Relations & Treasury Operations (Navi Mumbai)
🏢 Galaxy Surfactants
📍 Navi Mumbai