Finance Executive - Banking & Contracts

Job Summary

The Finance Executive - Banking & Contracts is responsible for managing banking operations, contract administration, treasury support, financial documentation, and coordination with internal departments and external stakeholders. The role ensures efficient fund management, compliance with banking requirements, timely execution of contracts, and accurate financial reporting.

Key Responsibilities

• Banking & Treasury Management: Manage day-to-day banking transactions including RTGS, NEFT, IMPS, DD, and cheque processing. Coordinate with banks for account operations, loan documentation, bank guarantees (BG), and letters of credit (LC). Monitor cash flow and maintain optimum bank balances. Prepare daily bank balance and fund position reports. Handle banking reconciliations and resolve transaction discrepancies.
• Contract Management: Review customer and vendor agreements for commercial and financial terms. Coordinate execution, renewal, amendment, and closure of contracts. Ensure compliance with contractual payment terms, retention clauses, and billing milestones. Maintain contract repository and monitor contract validity. Coordinate with legal, commercial, and operations teams on contractual matters.
• Financial Operations & Accounting: Record banking and treasury transactions accurately in ERP/SAP. Perform bank reconciliations and ledger scrutiny. Support monthly and year-end financial closing activities. Ensure proper accounting of interest, bank charges, deposits, and advances.
• Cash Flow & Working Capital Management: Monitor receivables and payables to optimize working capital. Prepare weekly and monthly cash flow forecasts. Coordinate with business units for fund requirements. Assist in managing borrowing limits and utilization.
• Compliance & Documentation: Ensure compliance with banking regulations, internal financial controls, and company policies. Maintain complete documentation for banking facilities, contracts, and financial records. Support internal, statutory, and bank audits. Coordinate submission of financial documents to banks and financial institutions.
• MIS Reporting & Financial Analysis: Prepare daily, weekly, and monthly MIS related to banking, treasury, contracts, and cash flow. Analyze banking costs, interest expenses, and fund utilization. Generate reports for management decision-making. Support budgeting and financial planning activities.
• Stakeholder Coordination & Process Improvement: Liaise with banks, financial institutions, legal teams, auditors, customers, and vendors. Coordinate with commercial, accounts, procurement, and operations departments. Drive improvements in banking and contract management processes. Support ERP/SAP automation initiatives and process standardization.

Qualifications

• B.Com / M.Com / MBA (Finance); CA Inter / CMA Inter (Preferred)

Skills

• Strong knowledge of banking operations, treasury, and fund management.
• Understanding of commercial contracts and financial documentation.
• Knowledge of Bank Guarantees (BG), Letters of Credit (LC), and loan documentation.
• Working knowledge of GST, TDS, and accounting principles.
• Proficiency in SAP/ERP and Advanced Microsoft Excel.
• Strong analytical, negotiation, documentation, and communication skills.
• Ability to coordinate with banks, legal teams, and senior management.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.