Finance Executive — Banking Operations & Reconciliations

taraki-search; Lahore; On-site; PKR 80,000 - 130,000; Full time

Job summary

Popular Group of Companies in Lahore is seeking a Finance Executive (Banking Operations) to manage daily bank position reports and ensure accurate recording of transactions. The role involves reconciling bank statements, verifying records, and documenting backdated entries with careful attention to detail.

The ideal candidate will handle weekly and monthly bank verifications, monitor reserve accounts, and coordinate with banks for LC confirmations and proofs of payment.

Qualifications

• Prescribed banking operations knowledge.

Responsibilities

• Prepare and maintain daily bank position reports.
• Review and verify all daily incoming transactions.
• Ensure timely processing and proper documentation of backdated entries.
• Monitor transactions to avoid duplication and maintain data integrity.
• Perform receipt confirmations against bank records and system entries.
• Download and attach bank statements, or obtain transaction verification from the bank.
• Conduct weekly As On expense verification and update bank position reports.
• Manage and track weekly project reserve installments.
• Verify monthly incentives related to reserves.
• Review and maintain monthly Zakat and charity records in line with reserve allocations.
• Maintain and monitor vehicle reserve accounts.
• Review the Bank Payment Voucher Report for all companies to ensure completeness and accuracy.
• Authorize and follow up on LC transactions.
• Prepare and issue monthly bank statement confirmation letters.
• Perform Bank Reconciliations for all assigned companies to ensure accurate financial records.

Skills

Banking operations

Financial reconciliation

Data integrity

Job description

Popular Group of Companies in Lahore is seeking a Finance Executive (Banking Operations) to manage daily bank position reports and ensure accurate recording of transactions. The role involves reconciling bank statements, verifying records, and documenting backdated entries with careful attention to detail.

The ideal candidate will handle weekly and monthly bank verifications, monitor reserve accounts, and coordinate with banks for LC confirmations and proofs of payment.