PA Cash & Bank

Job Purpose

The Process Associate (PA) Cash & Bank is responsible for timely accurate and compliant execution of cash and banking transactions within the centralized Finance Operations function of FORCE.

The role is responsible for processing bank-related transactions monitoring bank receipts and payments performing bank reconciliations accounting for cash and bank entries maintaining banking records and supporting cash management activities across Hindalco business units serviced through FORCE.

The position ensures compliance with company policies accounting principles treasury guidelines banking controls statutory requirements and internal governance standards. The role supports smooth financial operations by ensuring accurate recording of bank transactions timely reconciliation of bank accounts prompt identification and resolution of unreconciled items and maintenance of audit-ready documentation.

The Process Associate contributes to strengthening financial controls improving banking process efficiency and ensuring timely availability of accurate cash and banking information for business decision-making.

Job Context:

Job Context:

The position is responsible for processing and accounting of bank-related transactions monitoring receipts and payments performing bank reconciliations tracking open and unreconciled items and ensuring accurate recording of cash and bank transactions in accordance with established accounting policies treasury guidelines internal controls and regulatory requirements.

The role operates within a highly controlled financial environment and is responsible for maintaining the accuracy and integrity of bank balances ensuring timely reconciliation of bank accounts and supporting month-end and year-end financial closing activities. The position works closely with Treasury Accounts Payable Accounts Receivable Business Finance Taxation and Banking partners to facilitate smooth transaction processing and timely resolution of banking-related issues.

The Process Associate contributes towards strengthening financial governance by ensuring timely identification and resolution of reconciliation differences maintaining audit-ready documentation and supporting compliance with internal control and risk management requirements. The role also supports FORCEs objective of delivering centralized finance operations by improving process standardization operational efficiency service quality and stakeholder experience across all transitioned business units.

The position is expected to proactively identify recurring reconciliation issues support continuous process improvement initiatives contribute towards automation of banking activities and assist in enhancing the overall effectiveness of Cash & Bank operations within FORCE.

Key Result Areas/Accountabilities:

Key Result Areas / Accountabilities

Supporting Actions

Bank Statement Processing

• Download bank statements daily from all bank portals
• Ensure no missing statements or date gaps
• Upload statements to reconciliation tools as required
• Maintain organized filing of bank statements

Reconciliation Support

• Prepare reconciliation working papers accurately
• Identify deposits in transit and outstanding checks
• List bank charges and interest for accounting
• Update reconciliation trackers with latest data

Payment Tracking

• Track payment status from ERP to bank debit
• Update payment status trackers for stakeholders
• Identify and escalate payment failures to Process Lead
• Coordinate with treasury for pending payment updates

Learning & Development

• Learn bank reconciliation concepts and methodology
• Build proficiency in Excel for reconciliation tasks
• Understand payment processing workflows
• Develop knowledge of different payment methods