Job Description: Treasury & Disbursement Accounts Executive Position Overview
We are seeking a detail-oriented and proactive professional to join our Finance team as a Treasury & Disbursement Accounts Executive. The role involves managing daily treasury operations, accounts payable, and processing of port disbursement accounts (PDAs/FDAs). The ideal candidate will have strong financial acumen, hands-on experience with ERP/accounting systems, and the ability to coordinate effectively with banks, vendors, internal teams, and port agents.
Key Responsibilities
Treasury & Accounts Payable:
- Monitor daily bank balances and cash positions.
- Prepare daily and weekly cash flow reports.
- Coordinate with banks for fund transfers, forex settlements, and related documentation.
- Support treasury operations including KYC compliance, banking correspondence, and mandate updates.
- Process vendor invoices, ensuring accuracy, approvals, and correct coding.
- Execute scheduled payment runs (weekly/bi-weekly/monthly).
- Reconcile vendor statements and resolve discrepancies.
- Assist with audit processes and month-end closing activities related to cash and payables.
- Ensure adherence to company policies, internal controls, and compliance frameworks.
Disbursement Accounts (DA) Processing:
- Assist in preparation and review of Proforma Disbursement Accounts (PDAs) and Final Disbursement Accounts (FDAs).
- Verify invoices and supporting documents for port calls to ensure accuracy and compliance with contractual terms.
- Coordinate with port agents, charterers, operations, and vendors to resolve queries.
- Update and maintain DA tracking systems with port call details, cost breakdowns, and payment status.
- Ensure timely submission of DAs to clients, charterers, and internal stakeholders.
- Maintain proper filing and documentation of DA-related records.
- Support internal audits, compliance checks, and reporting requirements.
- Participate in process improvement initiatives to enhance accuracy and efficiency in DA processing.
Key Skills & Competencies
- Strong knowledge of Accounts Payable, Treasury Operations, and Reconciliations.
- Familiarity with port operations, shipping, and disbursement accounts (preferred).
- Proficiency in ERP/accounting software (SAP, Oracle, Tally, etc.) and MS Excel (Pivot tables, VLOOKUP, etc.).
- Excellent analytical, numerical, and problem-solving skills.
- High attention to detail and accuracy in financial documentation.
- Strong communication and stakeholder coordination skills.
- Integrity, confidentiality, and adherence to compliance standards.
- Ability to work under deadlines and manage multiple priorities.
Qualifications & Experience
- Bachelor’s degree in Commerce, Finance, Accounting, or related field.
- 2–5 years of experience in finance, accounts payable, treasury, or shipping operations.
- Experience in shipping, logistics, or maritime industry will be an advantage.
Job Types: Full-time, Permanent
Pay: ₹450,000.00 - ₹600,000.00 per year
Benefits:
- Health insurance
- Provident Fund
Work Location: In person