Accounts Executive

Role - 1 - Banking executive

Banking Operations

• Handle daily banking transactions including NEFT, RTGS, IMPS, and cheque processing. - Monitor corporate bank accounts and maintain adequate fund balances. - Coordinate with banks for account opening, KYC updates, documentation, and banking facilities. - Process vendor payments, salary transfers, reimbursements, and statutory payments. Reconciliation & Reporting

• Perform daily/monthly bank reconciliations. - Track unreconciled transactions and resolve discrepancies. - Prepare MIS reports related to banking and cash flow. - Maintain records of bank charges, interest, and loan repayments. Compliance & Documentation

• Ensure compliance with banking regulations and internal financial controls. - Maintain banking documents, agreements, and financial records. - Coordinate for audits and provide required banking data/documents. - Ensure timely submission of banking-related reports. Coordination

• Liaise with internal departments for payment approvals and fund requirements. - Coordinate with banks for issue resolution and operational support. Role - 2 - Receivables executive

• Prepare and process Bills of Exchange (BOE), Letters of Credit (LC), and other trade finance documents with multiple banks and financial institutions. - Coordinate with banks for bill discounting, documentation, transaction processing, and timely resolution of operational issues. - Monitor banking limits, discounting availability, due dates, and ensure timely submission of bills within approved limits. - Maintain and update daily banking and finance trackers, including BOE status, discounting details, due dates, and interest calculations. - Prepare monthly MIS reports related to debtor outstanding, banking transactions, and sales analysis for management review. - Record accounting entries related to bank charges, discounting interest, and other finance-related transactions in the accounting system. - Track logistics and dispatch documentation, including LR status, to ensure smooth coordination between finance and operations. - Monitor spot sales transactions and prepare weekly operational and sales reports. - Ensure compliance with internal financial controls, banking procedures, and documentation requirements. - Collaborate with internal departments and external banking partners to support efficient treasury and finance operations.