Finance Associate Job in Bangalore at Flipkart

Flipkart is hiring for the role of Finance Associate!

Responsibilities of the Candidate:

• Manage the day-to-day operations of the Banking Treasury department, ensuring efficient and effective delivery of services
• Ensure compliance with regulatory requirements and internal policies related to banking and treasury operations
• Execute bank documentation process for account opening, modification, closure, and services setup.
• Coordinate with the Treasury team, Legal team, and Banking partners to ensure smooth execution of account services requests.
• Perform user entitlement updates in the banking portals.
• Perform periodic reconciliation of account data in a centralized/ manual tool with external Banking partners and internal stakeholders, ensuring timely resolution of any discrepancies identified.
• Maintain a repository of documentation requirements for various service setups with Banking partners.
• Coordinate with Tax & Legal teams on Know Your Customer (KYC) documentation.
• Drive process improvements & simplification initiatives to streamline the process.
• Partner with Regional Treasury team members to set up standard account management & service setup documentation
• Measure and Drive SLAs with the Banking partners. Support negotiation of Legal/KYC documentation requirements with the banks & establish standard processes with the bank.
• Develop and maintain operational processes through documentation updates and cross-training.
• Provide timely, accurate, and concise communication to stakeholders.
• Support SOX and compliance with queries and requirements.
• Handle escalations (complex and non-standard) related to the user and bank account management processes.

Requirements:

• Skills Required: Accounting Operations, Banking Operations, compliance, Financial Operations