Verified Job
Accounting - Finance
Cash Flow & Banking (Manager)
Accounting - Finance
#552493
Remote / WFH
Job Description
Job description
Roles & Responsibilities-
Cash Flow & Bankings
• Maintaining a rolling 12-month cash flow forecast and providing precursors for borrowing and investment strategies
• Managing the daily and periodic cash flow planning processes, including the finalization of daily cash flow plans and a rolling 15-day forecast
• Monitoring forecasted versus actual cash flows and adjust projections to reflect changing business conditions or financial needs
• Planning for seasonal or cyclical cash flow requirements, ensuring that adequate funds are available during peak periods
• Leading the design, configuration, and control of bank accounts, including sort codes, virtual accounts, and UPI platforms. Negotiate CMS charges and rationalize account numbers for cost-effective and streamlined banking operations
• Authorizing daily interbank transactions and manage utility payments, ensuring timely and accurate processing with proper MIS controls
• Monitoring the resolution of collection credit mismatches and ensure that penny drop transactions and bank credits are accurately posted and received
• Monitoring and managing API performance and downtime planning, while ensuring secure and compliant E-net setups and authorization matrix management across all banks
• Ensuring the timely payment of statutory dues and resolve issues
• Finalizing the format and frequency of MIS reports to be received from banks
• Preparing the daily cash flow update report to the MD and CFO, ensuring timely, accurate, and actionable insights on the company’s cash position
• Maintaining strong relationships with banks to ensure smooth coordination of banking activities, including resolving delays, discrepancies, and setting up new payment systems
Roles & Responsibilities-
Cash Flow & Bankings
• Maintaining a rolling 12-month cash flow forecast and providing precursors for borrowing and investment strategies
• Managing the daily and periodic cash flow planning processes, including the finalization of daily cash flow plans and a rolling 15-day forecast
• Monitoring forecasted versus actual cash flows and adjust projections to reflect changing business conditions or financial needs
• Planning for seasonal or cyclical cash flow requirements, ensuring that adequate funds are available during peak periods
• Leading the design, configuration, and control of bank accounts, including sort codes, virtual accounts, and UPI platforms. Negotiate CMS charges and rationalize account numbers for cost-effective and streamlined banking operations
• Authorizing daily interbank transactions and manage utility payments, ensuring timely and accurate processing with proper MIS controls
• Monitoring the resolution of collection credit mismatches and ensure that penny drop transactions and bank credits are accurately posted and received
• Monitoring and managing API performance and downtime planning, while ensuring secure and compliant E-net setups and authorization matrix management across all banks
• Ensuring the timely payment of statutory dues and resolve issues
• Finalizing the format and frequency of MIS reports to be received from banks
• Preparing the daily cash flow update report to the MD and CFO, ensuring timely, accurate, and actionable insights on the company’s cash position
• Maintaining strong relationships with banks to ensure smooth coordination of banking activities, including resolving delays, discrepancies, and setting up new payment systems
