Manager Banking Transactions

Job Description Manager Banking Transactions (CA Inter)

Full-Time

Finance & Accounts

Designation: Manager Banking Transactions

Qualification: CA Inter (Chartered Accountancy Intermediate)

Department: Finance & Accounts

Experience: 58 Years (preferably in corporate banking/finance operations)

Location: Delhi

1. Job Purpose

To independently manage and oversee the company's day-to-day banking transactions, ensuring smooth execution of fund transfers, payments, banking operations, reconciliations, and coordination with banks while maintaining accuracy, compliance, and financial discipline.

2. Key Roles & Responsibilities

3. Banking Operations: Manage daily banking transactions, including NEFT, RTGS, IMPS, cheque payments, fund transfers, and other banking activities.

2. Vendor & Statutory Payments: Process and monitor vendor payments, salary transfers, statutory payments, and other company-related financial transactions.

3. Bank Reconciliation: Perform regular bank reconciliation, monitor outstanding entries, identify discrepancies, and ensure timely resolution.

4. Fund Management: Monitor daily bank balances, cash flow requirements, fund availability, and inter-bank fund transfers.

5. Bank Coordination: Liaise with bank relationship managers and officials for transaction-related issues, account operations, documentation, and banking facilities.

6. Banking Documentation: Maintain banking records, payment proofs, bank statements, transaction registers, and other financial documents.

7. Compliance & Controls: Ensure adherence to banking regulations, internal financial controls, authorization matrices, and company policies.

8. Online Banking Management: Handle corporate internet banking portals, payment approvals, beneficiary management, transaction limits, and related banking activities.

9. MIS & Reporting: Prepare daily/weekly banking reports, payment summaries, bank balance reports, and fund utilization statements for management.

10. Audit Support: Coordinate with internal and statutory auditors and provide bank-related documents, confirmations, statements, and reconciliations.

11. Required Skills & Competencies

- Strong knowledge of banking operations and financial transactions.

- Practical experience in corporate internet banking portals.

- Good understanding of NEFT, RTGS, IMPS, cash management and fund transfers.

- Expertise in bank reconciliation and financial reporting.

- Knowledge of TDS, GST and statutory payment processes.

- Advanced MS Excel skills and working knowledge of ERP/accounting software.

- Strong coordination, analytical and problem-solving abilities.

- High accuracy, confidentiality and attention to detail.

4. Desired Candidate Profile

- CA Inter qualified.

-5-8 years of relevant experience in banking and finance operations.

- Experience handling multiple company bank accounts and high-volume transactions.

- Ability to independently manage end-to-end banking activities.

- Prior experience in pharmaceutical, trading, distribution or large corporate organisations will be preferred.

5. Key Performance Indicators (KPIs)

6. Accuracy and timely execution of banking transactions.

7. Timely completion of bank reconciliations.

8. Zero unauthorized or duplicate payments.

9. Effective fund management and cash flow monitoring.

10. Timely resolution of banking discrepancies.

11. Compliance with internal financial controls and banking procedures.