Finance and Banking Relationship Manager

Job Description : Banking & Finance Executive – Finance & Accounts (Manufacturing Industry) Position Overview

The Banking & Finance Executive is responsible for managing day-to-day banking operations, coordinating with financial institutions, supporting treasury functions, ensuring smooth fund flow for manufacturing operations, and assisting the Finance & Accounts team in accounting, reconciliation, and compliance activities.

Key Responsibilities

1. Banking Operations

Handle daily banking transactions including NEFT / RTGS / IMPS payments, vendor payments, and employee reimbursements.

Prepare and submit bank documentation such as BGs (Bank Guarantees), FDs, LC (Letter of Credit), and bill discounting.

Maintain relationships with banks for operational requirements, loan processing, and rate negotiations.

Manage cash flow and fund allocations across different bank accounts.

Monitor bank balances daily and coordinate inter-bank transfers.

2. Treasury & Fund Management

Assist in short-term and long-term fund planning based on production schedules and procurement requirements.

Track utilization of working capital limits / cash credit (CC) / overdraft (OD).

Support foreign remittances and import / export payment documentation (if applicable).

Maintain records of loan interest, EMI schedules, and ensure timely payments.

3. Accounts & Reconciliation

Ensure proper accounting of all bank transactions in SAP.

Perform monthly bank reconciliations and resolve discrepancies.

Assist in month-end closing activities related to banking & payments.

Maintain vendor ledger reconciliation in coordination with purchase and stores departments.

4. Compliance & Documentation

Prepare documentation required for banking audits, internal audits, and statutory audits.

Ensure compliance with company policies, banking regulations, and financial controls.

Maintain confidentiality and security of financial data and banking documents.

5. Coordination & Support

Coordinate with procurement, production, and sales teams to meet payment and collection requirements.

Follow up with customers for payment collections (if applicable).

Assist management with MIS reports on fund flow, banking status, and debt position.

Key Skills & Competencies

Strong knowledge of banking processes, LC / BG / OD / CC management.

Good understanding of accounting principles (AP / AR / GL).

Proficiency in ERP system - SAP

Advanced MS Excel skills.

Strong communication and negotiation skills with banks.

Attention to detail and high level of accuracy.

Qualification & Experience

Education : B.Com / M.Com / MBA (Finance) / CA Inter / CMA Inter

Experience : 2–6 years in banking & finance operations, preferably in a manufacturing company.

Industry : Manufacturing / Engineering / Industrial / Automobile / Avionics preferred.

Reporting To

Finance Controller