Banking Assocaite

Responsibilities

(key activities and decisions for which role is responsible)
Perform MT940 Bank Statements download from the bank website with accuracy
and efficiency.
Follow up with Operational Controllers for Local Manual Bank Statements and
record the movements in SAP.
Uploading the MT940 Bank Statements into SAP
Follow up with O2C and P2P Team to get the Customer Receipts and Vendor
Payments applied in SAP.
Follow up with Respective EFS Operational Controllers and other payment /
receipt initiators and clear the Bank Open Items.
To identify the unreconciled entries investigate and post the entries based on
the booking details provided by the EFS Controllers.
Day to day comparison of Closing Bank Balance in SAP Vs Bank Statement.
Daily posting of entries such as Internal Bank Transfers Bank Charges Interest
(Receipts and Payments) other equity movements.
Follow up with EFS Controllers for the entries posted in Cash in Transit account to
move to the appropriate GL Account.
Investigate Cash Pool accounts on a day to day basis and post entries if there is
any movement.
Preparation of netting movements report for all Intra regional Entities once the
Netting settlement initiated.
Preparation of Bank Open Items Reports and circulate to all the appropriate
stakeholders to clear the open items.
Follow up with EFS Controllers by initiating call to clear Bank Open Items.
Preparation of GL Account extension/unblock forms.
PCR (Process Change Request) to be created followed up with SAP Team for
Configuration of MT 940 setup for New Bank Accounts
Supporting of Internal / External Audit requests.
Supporting of EFS Controllers for any Adhoc Reports.