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VACANCY DETAILS :-
POST NAME - Senior Financial Assistant
QUALIFICATION - B.Com
PREFERRED QUALIFICATION - B.Com With CA Inter/CMA Inter/MBA
EXPERIENCE - 03 Years
LOCATION - Chennai
JOB DESCRIPTION :-
The TRE Operations Chennai (TRECH) is an integral part of TRE and is responsible for a variety of duties providing vital support across its operational divisions. It works closely with the Headquarters in Washington D.C and another shared services center in Sofia, Bulgaria. Under the guidance and supervision of a Team Lead and/or Functional Lead, the Senior Financial Assistant will have responsibilities for specific individual tasks/projects as well as for working as an integral part of the team in executing TREOP’s work program, while maintaining close relationships with the other Treasury departments.
His/her primary responsibilities will include, but are not limited to, some combination of the following activities to support any of the business lines in TREOP’s operational division:
Cash Investigations:
• Timely and efficient processing and resolution of cash investigations cases that arise out of reconciliation breaks, or emails and SWIFT messages from clients, counterparties, business units and correspondent banks.
• Liaise with various teams across the Bank and with external banking partners to address issues, effect action and resolve cases.
• Identify trends and patterns, prepare commentaries on results / findings, and recommend solutions in a pro-active manner with regard to cash payment and receipt investigation.
• Investigate and report cash overdrafts and long balances in relation to external cash balances.
Cash Reconciliation:
• Perform daily reconciliation of cash transactions (in several currencies) thus ensuring transactions related to corporate cash processed by cash management team are settled correctly, and any exceptions are investigated and resolved.
• Prepare monthly reconciliations of Investments and Net Asset Value per World Bank's records to corresponding records of the Custodian.
• Investigate reconciliation differences, performing analysis, posting necessary adjustments for resolution of any differences, preparing commentaries on results / findings, and recommending solutions in a pro-active manner
• Assist in daily system to system reconciliations and controls review and communicating findings promptly to ensure proper follow-up and timely resolution of any identified differences and exceptions.
Cash Accounting:
• Assist in the month-end close process for cash including preparation of reports and necessary adjustments needed to ensure accuracy of data and balances that are sent to general ledger system (SAP)
• Assist in the prompt delivery of daily, monthly, quarterly, and year-end deliverables and other ad- hoc reporting requirements for Treasury's worldwide clients.
Other Accountabilities:
• Develop, implement, and document changes to TREBK procedures, processes, and standards and actively contribute to the projects and business initiatives undertaken by the team
• Work effectively within the team, as well as with colleagues across business units in applying technical skills and knowledge to support and implement process improvements to the team’s risk management and operational processes.
• Effectively communicate with TREOP staff and Management both in Chennai and in Washington, D.C. headquarters on the status of all assigned activities
The candidate is expected to work Singapore or London shift to meet reporting deadlines and at times, will be required to provide extended support to overlap with Washington DC, USA as per business needs.
His/her primary responsibilities will include, but are not limited to, some combination of the following activities to support any of the business lines in TREOP’s operational division:
Cash Investigations:
• Timely and efficient processing and resolution of cash investigations cases that arise out of reconciliation breaks, or emails and SWIFT messages from clients, counterparties, business units and correspondent banks.
• Liaise with various teams across the Bank and with external banking partners to address issues, effect action and resolve cases.
• Identify trends and patterns, prepare commentaries on results / findings, and recommend solutions in a pro-active manner with regard to cash payment and receipt investigation.
• Investigate and report cash overdrafts and long balances in relation to external cash balances.
Cash Reconciliation:
• Perform daily reconciliation of cash transactions (in several currencies) thus ensuring transactions related to corporate cash processed by cash management team are settled correctly, and any exceptions are investigated and resolved.
• Prepare monthly reconciliations of Investments and Net Asset Value per World Bank's records to corresponding records of the Custodian.
• Investigate reconciliation differences, performing analysis, posting necessary adjustments for resolution of any differences, preparing commentaries on results / findings, and recommending solutions in a pro-active manner
• Assist in daily system to system reconciliations and controls review and communicating findings promptly to ensure proper follow-up and timely resolution of any identified differences and exceptions.
Cash Accounting:
• Assist in the month-end close process for cash including preparation of reports and necessary adjustments needed to ensure accuracy of data and balances that are sent to general ledger system (SAP)
• Assist in the prompt delivery of daily, monthly, quarterly, and year-end deliverables and other ad- hoc reporting requirements for Treasury's worldwide clients.
Other Accountabilities:
• Develop, implement, and document changes to TREBK procedures, processes, and standards and actively contribute to the projects and business initiatives undertaken by the team
• Work effectively within the team, as well as with colleagues across business units in applying technical skills and knowledge to support and implement process improvements to the team’s risk management and operational processes.
• Effectively communicate with TREOP staff and Management both in Chennai and in Washington, D.C. headquarters on the status of all assigned activities
The candidate is expected to work Singapore or London shift to meet reporting deadlines and at times, will be required to provide extended support to overlap with Washington DC, USA as per business needs.
Last date for online application - 06.01.2023
LINK FOR ONLINE APPLICATION - CLICK HERE
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