Job Description

Job Title: Executive - Banking Transactions

Department:

Finance / Accounts

Location:

Kolkata

Reports To:

Manager - Finance

Job Summary:

The Executive - Banking Transactions is responsible for executing and monitoring day-to-day banking operations, ensuring accurate and timely processing of payments, reconciliations, and coordination with banks. The role supports treasury functions, manages bank documentation, and ensures compliance with internal policies and external regulations.

Key Responsibilities:

Handle day-to-day banking operations including NEFT/RTGS/IMPS payments, fund transfers, and cheque issuance. Prepare and maintain accurate bank reconciliations for all company bank accounts. Liaise with banks for account management, transaction queries, and resolution of issues. Assist in the processing of vendor and employee payments after necessary approvals. Monitor bank balances and coordinate with the treasury team for fund planning and placement. Manage documentation related to opening/closing of bank accounts, KYC updates, and credit facilities. Ensure timely deposit and accounting of collections including cheques, online receipts, and cash. Support internal and external audits by providing relevant banking documentation and transaction records. Maintain and update banking master data in ERP/Accounting software. Ensure compliance with company policies, RBI regulations, and banking norms.

Required Qualifications & Skills:

Bachelor's degree in Commerce, Finance, or related field (MBA/CA Inter is a plus). 1-3 years of experience in corporate banking operations or finance. Proficiency in MS Excel and accounting software (e.g., Tally, SAP, Oracle). Familiarity with internet banking platforms and treasury management tools. Strong attention to detail, accuracy, and ability to work under tight deadlines. Good communication and interpersonal skills for coordination with internal and external stakeholders.

Preferred Attributes:

Experience working in a mid to large-size organization. Basic understanding of forex transactions and bank charges. Ability to multitask and manage priorities effectively.
Job Types: Full-time, Permanent

Pay: ?24,000.00 - ?26,000.00 per month

Benefits:

Paid sick time Paid time off
Schedule:

Day shift Morning shift
Work Location: In person

Expected Start Date: 01/06/2025