Bookkeeping Officer

Minimum ? Graduate

Freshers or up to 2 years of work experience in financial service industry

The tasks a Ledger Clerk is expected to perform include:

Maintaining up-to-date records of financial transactions in clients ledgers

Receiving cheques, bills and drafts from customer

Making relevant entries in ledger and submitting them for payment order

Preparing abstract statements from ledger showing days transaction

Handling clients queries and sending periodic statements to clients for their record

Preparing daily statement at close of day?s work showing different transactions in a day

Proficient in making entries in clients ledger with reference to bills, cheques, vouchers, etc. received from cash section

Well-versed in calculating half yearly interest oncustomerdepositandenterthesameinledgerstokeepaccountup-to-date

Proficient in attending routine correspondence

Adept in dealing with customers and handling their queries

Knowledge of operating banking software

Proficient in preparing daily statement at close of day?s work showing different transactions in a day

Knowledge of operating calculating machine

Effective communication skills

Team player

Good listener


Good math skill

Relationship building skills

Hardworking and persistent

It is a desk job

Need not handle a team

Travelling is not a part of this job role

Part-time and contractual jobs are available in some cities

Work from home option is not available

Working hours

Companies usually work for 5/6 days a week and 9/10 hours everyday. This may vary company to company

Shift system is not available

Is the job suitable for a candidate with special needs?This job is suitable for candidates with One Arm (OA), One Leg (OL), Both Leg (BL), Hearing Impaired (HH) and those who have Muscular Weakness (MW)

This job is considered to be mildly hazardous or dangerous

Health risks include stress, sitting for long hours, etc.Occupational hazards include shoulder back pain, neck pain, fatigue, risk of metabolic syndrome, etc.

For freshers ? INR 8,000 to INR 10,000 per month For candidates with 1/2yearsofexperience-INR10,000 to INR 12,000 per month For candidates with over 2 years of experience-INR12,000 to INR 16,000 per month(These figures are indicative and subject to change)

Overview of Banking, Financial Service and Insurance Sector in India

Indiaisoneofthefastgrowingeconomiesandsecondmostpopulouscountryintheworld.WiththepopulationofmorethanabillionpeopleandrisingpercapitaincomeIndiaprovidesanenormousopportunityfortheBFSIcompanies.Currently58.7percentoftheIndianhouseholdsdonothaveaccess to any banking and financial service network, thus offer an enormous opportunity to BFSI companies to expand by introducing new products, leveraging technology, deploying innovative strategies and ramping up distribution network.

India has a diversified financial sector, which is undergoing rapid expansion. The sector comprises commercial banks,insurancecompanies, non-banking financial companies, co-operatives, pension funds,mutual fundsand other smaller financial entities. The financial sector in India is predominated by the banking sector. The banking sector in India is fragmented, with 46 commercial banks competing for business with dozens of foreign banks as well as rural and co-operative lenders. Public sector banks holds majority of the market share in Indian banking sector.

The banking industry in India has the potential to become the fifth largest banking industry in the world by 2020 and third largest by 2025 according to a KPMG-CII report. Thesizeof banking assets in India has reached US$ 1.8 trillion in FY13 and is expected to touch US$ 28.5 trillion by FY25. Over the next decade, the banking sector is projected to create over 1.5 million new jobs, driven by the efforts of the RBI and the Government of India to integrate financial services into rural areas and to upgrade the traditional way of operations with modern technology. Thus the demand for professionals like Finance Agent, Ledger Clerk, etc. is bound to increase in banking sector.

The BFSI sector in India currently employs over 2.55 million people and looking at the future growth potential it is estimated that BFSI sector will employee more than 4.2 million employees by 2022, an additional 1.6 million job creation by 2022.

All banks, NBFCs and financial service companies across India

Cities across India

Will be updated

All Arts, Science and Commerce college across India

Indian Institute of banking and Finance (IIBF)Institute of Finance, Banking and Insurance (IFBI)Indian Institute of Bank Management (IIBM)National Institute of Bank Management (NIBM)

Will be updated