Banking Operation Executive - Surat

Job Description:

We have urgent opening for Banking Operation Executive.

Location - Surat

Experience - Minimum 2 Yr

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.

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.

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.