Banking Operations Executive
2 weeks ago
This role is for one of the Weekday's clients
Salary range: Rs Rs ie INR LPA)
Min Experience: 2 years
Location: Surat
JobType: full-time
This position involves managing end-to-end banking operations for a fast-growing luxury retail environment. The role focuses on daily payments, journal postings, fund flow oversight, loan-related processes, and maintaining accurate financial records. You will coordinate extensively with multiple banks, ensure compliance with internal financial policies, and support smooth, error-free banking operations that contribute to strong financial discipline across the organization.
RequirementsKey Responsibilities
- Process timely payments across categories such as salaries, vendors, old gold, margins, and loan-related disbursements.
- Post daily journal entries for receipts and payments, ensuring accuracy and alignment with accounting records.
- Monitor balances across Cash Credit (CC) accounts and manage fund flow to maintain healthy cash positions.
- Handle interest payments, EMIs, and corporate credit card settlements.
- Coordinate with banks for approvals, issue resolution, loan-related documents, and operational follow-ups.
- Manage Auto-Sweep processes and support WCDL repayments with required documentation.
- Perform daily and monthly bank reconciliations and validate all transactions against internal records.
- Prepare and circulate Daily Fund Reports and support monthly MIS for banking and transaction summaries.
- Strong understanding of banking operations, payment processes, fund flow, and reconciliation activities.
- Proficiency in MS Excel, ERP tools, and accounting systems with high accuracy in financial documentation.
- Excellent communication and coordination skills to manage banking interactions and follow-ups.
- Detail-oriented, analytical, and dependable, with the ability to handle multiple priorities efficiently.
- Organized, proactive, and responsible, with a mindset geared toward financial discipline and timely execution.
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