Live opening · Posted 5 days ago
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About the role
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Job Summary
We are seeking an experienced and highly detail-oriented Payments Operations Specialist/Analyst to join our dynamic Payments team. The ideal candidate will possess a minimum of 5 years of hands-on experience managing the full, end-to-end payments lifecycle, with specific expertise in both Manual and Host-to-Host payment processing. This role is critical for ensuring accurate, timely, and compliant disbursement of funds, requiring strong knowledge of Supplier and Controller Management best practices.
Key Responsibilities
End-to-End Payment Processing:
Perform comprehensive payment processing activities, including the timely processing and completion of standard, ad-hoc, and urgent payments, as well as credit notes.
Execute the payment run process: accurately identifying invoices for payment, determining which invoices must be excluded, and setting the precise payment date according to company policies and vendor terms.
Ensure all payments are compliant with internal controls, financial regulations, and tax requirements.
Issue Resolution and Controls:
Serve as the primary point of contact for resolving issues and exceptions arising from the payments process in a timely and efficient manner.
Liaise closely with Payment Processing Team Leads, Treasury, and other stakeholders to investigate and implement corrective actions.
Maintain robust internal controls over the payments process to mitigate fraud and error.
Supplier and Controller Management:
Act as a subject matter expert (SME) on payment methods and requirements, ensuring master data (vendor bank details) is accurate and secure.
Coordinate with the Accounts Payable Controller function regarding ledger reconciliation, cutoff procedures, and period-end close activities related to payments.
System and Process Improvement:
Utilize SAP (S4/ECC) or other large Enterprise Resource Planning (ERP) platforms for all payment-related transactions and reporting.
Participate in testing, documentation, and implementation of process improvements and system upgrades related to payment automation (e.g., H2H interfaces).
Education: B. Com (Finance) is required, preferably supplemented by a Postgraduate qualification (e.g., M.Com, MBA Finance, or equivalent).
Minimum of 3 years of progressive experience in dedicated Payments, Accounts Payable, payment Operations role.
Proven, hands-on experience with both Manual payment execution and automated Host-to-Host (H2H) payment systems.
Deep understanding of the end-to-end payment’s lifecycle, including batch processing, file generation, bank transmission protocols, and payment reconciliation.
Prior working experience with SAP (S4/ECC) or a similar large-scale ERP platform is a must.
Demonstrated background in system validation, user acceptance testing, and migration activities during enterprise system transitions.
Solid knowledge of Supplier and Controller Management principles, including vendor onboarding, banking validation, and payment-side accounting controls.
Exceptional attention to detail, strong analytical skills, and the ability to manage high volumes of transactions accurately under tight deadlines.
Excellent communication and interpersonal skills to effectively liaise with internal teams and external banking partners.
Employment type
Full-time
Work arrangement
Hybrid
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