VVDN Technologies - Specialist - Banking Operations & Accounts

Key Responsibilities:

TDS & Statutory ComplianceHandle TDS deduction, computation, and payment for all vendor and employee-related transactions

General Accounts:

- Assist in journal entries, ledger scrutiny, and month-end closing activities.

- Reconcile vendor and customer accounts regularly to ensure data accuracy.

- Support internal and statutory audits by providing necessary documentation and clarifications.

Banking Operations Management:

- Handle all day-to-day banking activities, including processing vendor and employee payments, fund transfers, cheque deposits, and handling incoming receipts.

Reconciliation:

- Perform daily bank reconciliations for all company accounts. Investigate and resolve discrepancies promptly to ensure accurate financial reporting.

Record Maintenance:

- Maintain up-to-date records of bank transactions, account statements, and related correspondence in coordination with the finance and accounts teams.

Bank Coordination:

- Liaise with internal departments and external banking partners to resolve transaction issues, account discrepancies, or queries in a timely manner.

Compliance & Controls:

- Ensure all banking operations adhere to company policies, internal control procedures, and regulatory requirements. Support statutory, tax, and internal audit processes by providing required banking data and documents.

Reporting:

- Assist in preparing regular MIS reports on cash flow, fund positions, and other banking-related summaries for management review.

Audit Support:

- Provide necessary documentation and clarifications during internal and external audits related to banking transactions.

Process Improvement:

- Stay updated with current banking products, technologies, and compliance norms. Recommend process improvements or digital banking initiatives to enhance efficiency.

Desired Candidate Profile:

- Graduate / Postgraduate in Commerce, Accounting, or Finance.

- 2-5 years of relevant experience in banking operations, treasury, or accounts.

- Strong understanding of bank reconciliation, payment processes, and banking compliance.

- Proficiency in MS Excel, ERP systems (SAP / Tally / Oracle), and online banking platforms.

- Excellent communication, coordination, and problem-solving skills.

- High attention to detail and ability to work under deadlines.