Banking & Treasury

Responsibilities:

• Timely Payments and Reconciliation, LC/BG Saving in Interest Cost
• Manage and process daily Payment as per Schedule or requirement with high accuracy and Proper vigilance
• Optimize the use of Letters of Credit (LC) and Bank Guarantees (BG) to minimize interest costs
• Daily/Monthly/Quarterly budgeted cash outflow and Inflow Management
• Ensure the complete end to end loan process
• Ensure that proper documentation is maintained
• Prepare various reports for renewal and new finance opportunities
• Explore opportunities for negotiating better terms with financial institutions
• Generate accurate and timely Management Information System (MIS) reports like Investment ROI, DFR, Cash Flow, CMA, Loans, BG/LC Utilization, FDRs etc
• Efficiently manage databases to store and retrieve critical information
• Keep all banking records along with Mortgaged property documentation, filed applications, Board resolutions etc
• Build and maintain strong relationship with banks and other institutions
• Continuous watch on changes in RBI norms and interest rates, prepare comparatives and take the necessary action on loan portfolio
• Ensure proper BRS and identify risks and gap
• Proper Operation & management of Various Banking Channels to be used for payments
• Ensure Payments to be processed through ERP System and software adhering to the Preset processes

Qualifications:

• Strong knowledge of financial systems and software.
• Experience in handling complex financial reporting, reconciliations, and ERP systems.
• Proper understanding of Banking-payment Channels and Processes.
• Knowledge of Basic Accounting Principles, processes and Compliances
• 2-4 years of experience is required.
• B.Com / M.Com

Skills Required:

• Leadership:
  Ability to lead, motivate, and inspire teams, fostering a collaborative and high-performance work culture.
• Team Management:
  Proficiency in managing and mentoring teams, delegating tasks effectively, and resolving conflicts.
• Problem-solving:
  Strong analytical and problem-solving skills to identify issues, evaluate options, and implement effective solutions
• Strategic Thinking:
  Capacity to think long-term, analyze trends, and make decisions that contribute to the organization's strategic direction.
• Team Collaboration:
  Capability to work effectively with diverse teams, fostering a positive and inclusive work environment.
• Time Management:
  Ability to manage time effectively, prioritize tasks, and meet deadlines consistently.
• Team Building:
  Skill in fostering a positive team culture, promoting collaboration, and building strong working relationships.
• Effective Communication:
  Articulating ideas clearly, actively listening, and fostering open communication among team members.