Responsibilities:

Regularly reconcile bank statements to ensure all financial transactions are accurately recorded.
Ensure compliance with banking regulations and internal financial transactions
LC opening, Amending & releasing documents from bank
LC Limit and utilization check regularly
Ensure timely processing and release of Cash and NRB Margin in accordance with regulatory guidelines.
Facilitate timely insurance openings and monitor expiration dates to maintain continuous coverage
Monitor margin deposit activities and maintain accurate records
Manage reconciliation processes for interest charges and margin deposits to ensure compliance and accuracy.
Act as the primary liaison between the company and banks for financial transactions and inquiries

Qualification:

Bachelor’s degree in Accounting, Finance, or a related field.
Minimum of 2 years of experience as an Account Officer. Focus on banking and insurance transactions will be a plus point.
Knowledge of financial regulations, compliance requirements, and financial reporting.
Strong analytical skills and attention to detail.
Excellent communication and interpersonal skills.
Ability to prioritize tasks and manage time efficiently in a fast-paced environment.

Banking and Insurance Officer