Petty Cash Executive

Role & responsibilities:

Petty Cash Operations

• Maintain and safeguard petty cash funds.
• Process petty cash payments against approved requests and valid supporting documents.
• Process petty cash for travel expenses, local transportation, courier charges, and minor procurement.
• Ensure petty cash limits are adhered to as per company policy.

Recording & Reconciliation

• Record all transactions in the petty cash register/system accurately.
• Conduct daily/weekly reconciliation of physical cash with recorded balance.
• Investigate and resolve discrepancies immediately.
• Prepare monthly petty cash reports for management review.

Control & Compliance

• Ensure compliance with company financial policies and internal control procedures.
• Maintain proper filing and documentation of all vouchers.
• Coordinate with auditors during internal and external audits.
• Monitor petty cash usage trends and suggest control improvements.

Fund Management

• Monitor petty cash balance and initiate timely replenishment.
• Coordinate with bank/accounts team for fund transfers if required.
• Maintain confidentiality and security of cash and records.

Preferred candidate profile

• Strong knowledge of basic accounting principles
• High level of accuracy and attention to detail
• Good documentation and reporting skills
• Proficiency in MS Excel and accounting software
• Integrity and strong ethical standards

Qualification & Experience:

For Executive Level:

• B.Com / BBA (Finance)
• 3+ years of experience in accounts with supervisory exposure