Sr. Officer / AM - Treasury & Banking

Designation: Sr. Officer – AM

Qualification: B.Com / M.Com / MBA / PGDM

Experience: 5 Years+ 

 

Job Purpose Statement : This role is responsible for strategic oversight of the organization’s banking and treasury operations, ensuring optimal liquidity management, disciplined execution of payment cycles, and integrity of all banking transactions. The role is responsible for strengthening banking relationships to enable seamless collections, payments, and foreign transactions, while ensuring real-time visibility into cash flows through robust daily and weekly fund planning.

 

It drives efficient deployment of surplus funds by benchmarking market opportunities and managing investment decisions, including Fixed Deposit placements, while safeguarding compliance with MSME regulations and internal financial controls. The position plays a key role in maintaining accuracy and timeliness in financial records, including bank reconciliations, month-end closures, and treasury provisions.

 

Additionally, the role ensures high standards of governance by supporting audits, maintaining comprehensive documentation, and managing banking compliances such as KYC and account administration. Through insightful MIS and reporting, it enables informed decision-making and continuous process improvements, thereby enhancing operational efficiency, financial discipline, and risk management across the organization.

 

Duties & Responsibilities :

 

Banking and Treasury

 

•       Maintaining strong relationship with the junior teams of bankers to facilitate the smooth functioning of the entire treasury activities such as collections and its accounting, foreign payments etc.

•         Responsible for the bi-weekly payments of the company to ensure payments are done on the due dates leading to the vendor satisfaction and 100% accuracy

•          Completion of recording of the bank transactions on timely basis including contras, statutory payments.

•        Responsible for benchmarking investment rates across multiple banks and recommending the most advantageous option for Fixed Deposit (FD) placements. Coordinate FD booking, tracking, and interest accrual accounting

•         Before Payments – To ensure advance / debit balance, etc. is adjusted timely before making payments & avoid excess payments and in line with PO terms and SOA.

•         Record all bank transactions including contra entries and statutory payments on a real-time basis.

•          Ensure MSME compliance by ensuring MSME booked invoices are paid within the statutory time limit.

• Management of corporate cards and imprest accounts

Weekly and Daily Funds Planning

 

o      Responsible for preparing the daily/weekly liquidity position to enable better investment decision and funds transfer

o      Monitoring the daily collections credited in the bank from the payment gateway partner on timely basis

  Book closure and audits

 

o      Prepare monthly Bank Reconciliation Statements and clear reconciling items within timelines.

o      Pass month-end entries including FD interest accruals and other treasury provisions

MIS & Reporting

o      Ensure timely and accurate MIS and MDP reporting related to treasury activities

Audit & Compliance

o      Provide complete support during statutory and internal audits.

o      Maintain documentation and records required for audit trails and banking compliance.

o      Handle bank account documentation such as signatory changes, account opening/closure, and KYC updates.

Others

o      Perform other ad-hoc tasks assigned by the reporting manager, ensuring smooth operations.

o      New updates and initiatives as per market standards

 

Skills & Knowledge:

 

·       Strong reconciliation and analytical skills

·       Knowledge of GST, TDS, and statutory payments

·       Audit

·       Problem solving

·       Some knowledge of Foreign payments