Senior Banking Executive

Bhavani Shipping services; Navi Mumbai; On-site; INR 450,000 - 750,000; Full time

Job summary

Bhavani Shipping Services in Navi Mumbai is seeking a Banking and Finance Executive to manage daily and monthly financial operations, including fund planning, reconciliation, and statutory payments. You will ensure compliance and maintain documentation across banking portals and Tally.

Daily duties include bank statement consolidation, loan/PDC tracking, salary processing, remittances, and fund transfers. Weekly cash flow projections and monthly accounting entries are required, with quarterly

Qualifications

• Experience in managing banking and finance operations.
• Knowledge of statutory compliance processes (TDS, GST, PF, etc.).
• Ability to manage multiple tasks and meet deadlines.

Responsibilities

• Download and consolidate bank statements.
• Update and maintain loan and PDC trackers.
• Transfer funds and pass loan entries in Tally.
• Execute payment plans and share payment advice.
• Prepare fund planning reports and conduct internal transfers.
• Reconcile daily bank transactions across accounts.
• Share weekly inflow/outflow statements with projections.
• Process salary payments and record entries in Tally.
• Ensure timely payment of statutory obligations (TDS, GST, PF, PT, ESIC).
• Verify loan balances and update schedules.
• Prepare stock and debt reports for quarterly audits.
• Assist with quarterly audits and director banking tasks.

Skills

Multitask management

Deadline-driven

Communication

Teamwork

Tools

Tally

Advanced Excel

Job description

Job Summary

We are seeking a detail-oriented and experienced Banking and Finance Executive to manage daily, weekly, monthly, and ad-hoc financial and banking operations. The ideal candidate will handle fund planning, reconciliation, statutory payments, reporting, and documentation processes, ensuring smooth financial workflows and compliance with all regulations.

Daily Responsibilities

Bank Position Management

• Download and consolidate bank account statements.
• Share bank statements with the team for review

Loan and PDC Tracker Maintenance

• Update and maintain loan and post-dated cheque (PDC) trackers.
• Transfer funds to respective accounts and pass loan entries in Tally.

Payment Execution

• Execute payment plans and share payment advice with respective accountants.

Fund Planning

• Prepare fund planning reports.
• Conduct internal fund transfers and pass related entries.

Bank Reconciliation

• Reconcile daily bank transactions for all accounts.

Weekly Responsibilities

Cash Flow Reporting

• Share weekly inflow and outflow statements with projections for the upcoming week.

Monthly Responsibilities

Salary Processing

• Process salary payments and record entries in Tally.

Statutory Payments

• Ensure timely payment of TDS, PF, ESIC, PT, and GST on specific government portals.

Loan Balance Confirmation

• Verify loan balances and update schedules accordingly.

Quarterly Responsibilities

Stock and Debt Reporting

• Prepare BSS Stock Statements and Book Debt reports

Audit Support

• Assist with quarterly audits, ensuring all records are accurate and up to date.

Ad-hoc Responsibilities

Director's Online Banking

• Manage director-related online banking, credit card payments, and payments for affiliated foundations

Remittance Management

• Prepare documents for inward and outward remittances.
• Upload remittance details to bank portals.

Loan Documentation

• Handle documentation for loan creation and closure as needed.

Skills

• Proficiency in Tally and advanced Excel skills.
• Experience in handling banking transactions, fund transfers, and statutory compliance.
• Ability to manage multiple tasks and meet deadlines efficiently.

Key Attributes

• Effective communication and teamwork skills.
• Knowledge of statutory compliance processes (TDS, GST, PF, etc.).
• Familiarity with banking portals and remittance documentation.