Treasury & Banking Operation - Bangalore (Contract ) Immediate Joiners

• Treasury & Banking operation - Bangalore (Contract ) immediate joiners
• Company: Grant Thornton Bharat Llp
• Job Location: Bengaluru, Karnataka, India
• Employment Type: Full-time
• Experience Required: 2 - 5 years
• Salary: 41,6671,16,667 a month
• Role & responsibilities
• Preferred candidate profile activity within the agreed turnaround time (TAT).
• Key Details

Qualification: CA/CMA/MBA/CA Inter or Equivalent qualification Experience: 2 to 5 years in banking coordination, treasury, accounts or a similar finance role Reporting to: Finance / Treasury Lead

• Roles and Responsibilities
• Coordinate with Banks and Payment Gateways (PG) to obtain monthly balance confirmations and prepare Bank Reconciliation Statements (BRS) with books.
• Follow up with banks for renewed Fixed Deposit (FD) advice and post related entries in Zoho Books.
• Maintain a comprehensive tracker for FDs, loans, deposits, and other fund blockages.
• Record monthly interest accrual entries in Zoho Books.
• Arrange funds for the Accounts Payable (AP) team from any of the available four funding sources.
• Update and maintain the cash file twice a week.
• Manage the Direct Cost tracker by analysing service categories and identifying auto-debited expenses.
• Prepare TDS reimbursement workings and coordinate with PGs for timely fund recovery.
• Request and follow up with all Banks and PGs to ensure receipt of monthly invoices.
• Review and clear suspense ledger entries in Zoho Books.
• Prepare the Unencumbered cash balance for all entities.
• Tableau dashboard No Mapping transactions, closing balance not matching and other issues need to be follow-up.
• Additional Responsibilities
• Coordinate with banks for creation or removal of liens on FDs based on business requirements.
• Collect, verify, and submit KYC documents for all entities.
• Support the opening of new bank accounts and set up dashboards for the Accounts team.
• Manage the closure process for unused or inactive bank accounts.
• Liaise with banks to resolve debit/credit freeze issues on accounts.
• Allocate bank accounts to new or restructured Lines of Business (LOBs) along with configuration of required service features.
• Address AP team queries regarding incorrect payments or payment issues by coordinating with banks.
• Follow up with Banks or PGs for invoices not reflecting in GSTR-2A.
• 8a. Address requests from the accounting team for invoice clarifications or reviews with banks/PGs.
• Initiate and resolve all bank or PG- related clarifications as required.
• Participate in meetings for new LOBs for understanding the business .