Finance Executive Potalia Enterprises

Key Responsibilities:

1. Overdraft (OD) Management:

• Monitor OD limits and utilization on a daily basis.
• Coordinate with banks for timely renewal and enhancement of OD facilities.
• Ensure proper documentation and compliance for availing OD.

1. Bank Guarantee (BG):

• Prepare and submit BG applications as per project and client requirements.
• Maintain records of issued BGs, validity, and periodic renewals.
• Follow up for BG releases and ensure closure of expired guarantees.

1. Bank Reconciliation:

• Perform daily/monthly reconciliation of bank statements with accounting records.
• Identify and resolve discrepancies in a timely manner.
• Coordinate with banks and internal departments for adjustments.

1. Bank Visits & Coordination:

• Handle physical banking tasks such as deposit/withdrawals, instrument collections, and document submissions.
• Develop good working relationships with bank officials.
• Ensure timely processing of banking transactions.

1. Documentation & Drafting:

• Draft letters, applications, and communication to banks and financial institutions.
• Assist in preparing loan documentation, BG/LC formats, and other financial drafts.
• Maintain proper filing and retrieval system for all finance-related documents.

1. General Finance Operations:

• Support in day-to-day accounting and finance tasks.
• Assist in audits and provide necessary bank-related documentation.

Ensure compliance with internal financial policies and regulatory norms.