Banking Operations Executive
2 days ago
Role Description
We are seeking a Banking Operations Executive responsible for ensuring accurate and timely processing of all financial transactions, payments, and bank reconciliations. The role involves managing multiple company bank accounts, maintaining fund flow efficiency, and ensuring all banking operations are aligned with company policies and financial regulations.
The ideal candidate should have experience in daily banking operations, fund management, reconciliation, and coordination with banks to maintain healthy financial relationships and smooth business operations.
Key Responsibilities
1. Timely Payments & Recording Entries in BOA
- Ensure timely payments for Old Gold, Salary, Vendor, Margin, and WCDL categories.
- Regularly pass journal entries in the Books of Accounts (BOA) for all payments and receipts.
- Maintain up-to-date transaction records for daily financial accuracy.
Frequency: Daily
2. Bank Account Management
- Maintain healthy balances across all five Cash Credit (CC) accounts to ensure smooth daily operations.
- Manage EMIs for card loans and corporate credit cards.
- Handle interest payments for Term Loans, WCDL, and Cash Credit facilities.
- Monitor banking activities to ensure no delays or penalties and uphold a positive banking reputation.
Frequency: As Required
3. Bank Follow-ups
- Conduct regular follow-ups with banks for approvals, clarifications, and issue resolution.
- Manage Auto-Sweep processes to optimize fund utilization.
- Process WCDL repayments efficiently.
- Coordinate with banks for Authorized Letters and financial approvals.
Frequency: As Required
4. Bank Reconciliation
- Reconcile daily and monthly bank statements across all accounts.
- Verify and align all financial transactions with company records.
- Prepare and submit the Daily Fund Report to HOD, CFO, and Director.
- Apply reconciliation formula:
(Daily Deposits – Daily Expenses = Closing Balance)
Frequency: Fund Report – Daily; Reconciliation – Monthly
Key Deliverables
- Daily payment entries and journal postings for all receipts and disbursements.
- Preparation of daily fund report and cash position summary.
- Monthly reconciliation for all company bank accounts.
- Preparation of MIS for monthly total transactions.
Attributes of the Ideal Candidate
Key Attributes:
- 2–4 years of experience in finance, accounting, or banking operations.
- Sound understanding of fund management and reconciliation processes.
- Excellent knowledge of banking procedures, payments, and cash flow management.
- Proficiency in MS Excel, ERP systems, and accounting software.
- Strong communication and coordination skills.
Mindset & Culture Fit:
- Ethical, detail-oriented, and responsible.
- Proactive and efficient in managing deadlines.
- Organized, analytical, and capable of handling multiple priorities.
Job Types: Full-time, Permanent
Pay: ₹30, ₹45,000.00 per month
Benefits:
- Food provided
- Health insurance
- Leave encashment
- Provident Fund
Application Question(s):
- Current Salary :
- Expected Salary :
- Notice Period :
Work Location: In person
-
Banking Operation Executive
3 hours ago
Surat, Gujarat, India Kaapro Management Solutions Full time ₹ 40,00,000 - ₹ 1,20,00,000 per yearJob Description:We have urgent opening for Banking Operation Executive.Location - SuratExperience - Minimum 2 YrWe are seeking a Banking Operations Executive responsible for ensuring accurate and timely processing of all financial transactions, payments, and bank reconciliations. The role involves managing multiple company bank accounts, maintaining fund...
-
Banking Operations Executive
2 hours ago
Surat, Gujarat, India Weekday AI Full time ₹ 12,00,000 - ₹ 24,00,000 per yearThis role is for one of the Weekday's clientsSalary range: Rs Rs ie INR LPA)Min Experience: 2 yearsLocation: SuratJobType: full-timeThis 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...
-
Banking And Finance Executive
2 days ago
Surat, Gujarat, India Kalamandir Jewellers Full time ₹ 4,00,000 - ₹ 8,00,000 per yearJob description:We are looking for a Banking & Finance Executive to manage day-to-day banking operations, loan documentation, credit card management, and import/export payment processing. The role involves close coordination with banks and internal departments to ensure timely financial operations, compliance with RBI/FEMA guidelines, and accuracy in...
-
Banking & Finance Executive - Surat
7 hours ago
Surat, Gujarat, India Kaapro Management Solutions Full time ₹ 40,00,000 - ₹ 1,20,00,000 per yearJob Description:We have urgent opening for Banking & Finance Executive.Location - SuratExperience - Minimum 2 YrWe are looking for a Banking & Finance Executive to manage day-to-day banking operations, loan documentation, credit card management, and import/export payment processing.The role involves close coordination with banks and internal departments to...
-
Banking & Finance Executive
7 hours ago
Surat, Gujarat, India Weekday AI (YC W21) Full time ₹ 6,00,000 - ₹ 12,00,000 per yearThis role is for one of the Weekday's clientsSalary range: Rs Rs ie INR LPA)Min Experience: 2 yearsLocation: SuratJobType: full-timeThis role focuses on managing core banking and financial operations for a fast-growing luxury retail environment. You will handle loan documentation, daily banking activities, reconciliations, and import/export financial...
-
Banking & Finance Executive
7 hours ago
Surat, Gujarat, India Weekday AI Full time ₹ 6,00,000 - ₹ 12,00,000 per yearThis role is for one of the Weekday's clientsSalary range: Rs Rs ie INR LPA)Min Experience: 2 yearsLocation: SuratJobType: full-timeThis role focuses on managing core banking and financial operations for a fast-growing luxury retail environment. You will handle loan documentation, daily banking activities, reconciliations, and import/export financial...
-
Banking -Sales Executive
2 weeks ago
Surat, Gujarat, India TekPillar Full time ₹ 8,00,000 - ₹ 12,00,000 per yearJob Description Job Detail Job ID: 117665Career Level: ManagerExperience: 2 YearsIndustry: BFSIQualifications: Bachelor Degree We are looking for a dynamic and result-oriented Banking Sales Executive to join our team in Surat. The ideal candidate should have experience in banking or financial product sales and be comfortable with field activities.Key...
-
Surat, Gujarat, India Field Operations Full time ₹ 5,00,000 - ₹ 15,00,000 per year**Location: Surat, Gujarat, IndiaJob ID:82680**We Elevate... Quality of urban lifeOur elevators, escalators, and moving walks safely transport more than two billion of us up and down buildings and across transportation hubs every day.As part of the Schindler team, you'll discover meaningful work that enhances quality of life for communities, and contribute...
-
Surat, Gujarat, India Kotak Mahindra Bank Full time ₹ 2,00,000 - ₹ 6,00,000 per yearDescriptionThe ideal candidate will be responsible for handling day-to-day cash and non-cash transactions while ensuring a seamless and high-quality customer experience. This role demands a strong sense of responsibility, excellent communication skills, and a keen eye for detail. As a Service Officer, you will be the face of the bank, addressing customer...
-
IDFC First Bank
1 week ago
Surat, Gujarat, India Acura Solution Full time ₹ 40,00,000 - ₹ 1,20,00,000 per yearJob Description:Responsible for achieving the Branch Sales Budgets by managing the daily activities of Branch Sales Team which includes Business Development Executives, Relationship Managers and Branch front desk staff. Overall branch management and Business Development Conducting regular Product and Knowledge trainings for branch banking teams Responsible...
