Treasury Specialist (AP)

Company Description Long Shot Jobs is a specialized job aggregator focused on connecting Chartered Accountants and finance professionals with high-quality career opportunities in one centralized platform. Using a dedicated match-making algorithm, the platform aligns candidates with relevant roles based on profile, location, experience, and salary expectations. With a community of more than 8,500 registered candidates across 950+ cities in India, Long Shot Jobs streamlines the job search process and minimizes the need to visit multiple portals and channels. Applicants can quickly apply for multiple roles and interact with an integrated BOT to check eligibility before applying. The service is available via an Android app on the Google Play Store and a web app for iOS users.
Department: Treasury
Location: Bengaluru, Karnataka
Reports To: Treasury Partner, F&L
About Decathlon India Treasury
The India Treasury team plays a strategic role in safeguarding liquidity, accelerating cash conversion, and insulating the business from funding, interest rate, and currency risks. We don't just manage risk—we partner directly with Retail teams to create payment solutions that actively boost revenue. Working alongside Regional and Global Treasury, we continuously modernize our tech stack (including TMS implementations) and adopt world-class treasury standards.
About the Role
The Treasury Specialist (AP) is responsible for processing, executing, and reconciling vendor accounts payable and treasury disbursements. This role ensures timely cash outflow execution, maintains strict banking controls, handles payment queries, and supports treasury operations in accordance with organizational financial policies
Key Responsibilities
1. Treasury & Daily Cash Operations
Cash Visibility: Extract bank balances across all banks and entities to monitor account-level liquidity and circulate balance updates to relevant internal stakeholders to track domain-specific receipts and payments
Intercompany Transfers: Initiate fund transfers between company accounts via online banking platforms to maintain required operational cash levels across bank accounts.
Liquidity Planning: Advise funding requirements to the Treasury Point of Contact (PoC) to support short-term liquidity planning.
Banking Requests: Oversee the end-to-end issuance of Demand Drafts (DDs) through partner banks based on business requests.
2. Accounts Payable & Payment Execution:
End-to-end Payment Execution: Lead the complete disbursement lifecycle from Payment Batch staging to final Payment remittance
Banking systems & protocols: Manage Host-to-Host (H2H) automated file transmissions utilizing standard ISO 20022 XML formats
Governance & Control: Enforce multi-tier internal controls, including strict approval matrices, authorized bank signatory approvals, dual-control validations, and underlying document verification
Statutory & Recurring Payments: Ensure 100% on-time processing and tracking of statutory liabilities (TDS, GST, PF, PT, ESI) and recurring operational obligations (store rent, electricity, deferred duties) via a centralized payments calendar.
Payment Rejection Workflows: Investigate and resolve payment rejections, returned funds, bank trace inquiries, and payment discrepancies with internal teams and external banks.
Remittance & Advisories: Prepare and distribute payment reference details and advice to relevant internal and external stakeholders.
Security, Fraud Mitigation & Governance: Enforce call-back protocols for vendor bank account modifications, dual-authorization enforcement, and electronic banking portal management across MNC and local banking platforms.
3. Accounting, Reconciliation, Compliance & Audit Support
Posting & BRS Clearance: Complete accounting entries for specified payments and perform timely Bank Reconciliation Statement (BRS) clearances for open items.
Compliance Maintenance: Maintain and update the Master Tracker of Payments, Internal Finance Policy-aligned Approval Matrices, Bank Signatories and signing limits, and Exceptional Payment regulatory logs.
Audit Readiness: Support internal, statutory, and tax audits by archiving payment records (vouchers, advice, bank statements), maintaining historical data on bank signing limits and expense approval matrices, and preparing required audit schedules.
4. Supply Chain Financing/ Reverse Factoring support
Vendor Onboarding: Act as the primary First Point of Contact (PoC) to facilitate vendor onboarding onto the company’s Reverse Factoring program.
RF Batch Staging: Batch stage vendor invoices for seamless uploading into selected RF banking portals for payment processing.
Program Tracking: Monitor bank portals weekly and circulate updates on onboarded vendors, funded invoices, and unfunded invoices across banking partners.
Monthly Reconciliation: Assist in the monthly status reconciliation of the overall Reverse Factoring program.
Qualifications & Experience
Education: Bachelor’s/Master’s degree in Accounting, Finance or Commerce.
Experience: 3+ years of experience in Accounts Payable, Corporate Treasury Operations, or Banking Disbursements, preferably within MNCs or large-scale enterprise environments.
Key Skills
Technical Skills
Systems Expertise: Strong proficiency in enterprise ERP systems (SAP, Oracle, or equivalent) and corporate online banking platforms.
Banking & Controls: Solid understanding of payment clearing mechanisms, banking settlement protocols, and core internal financial controls.
Soft Skills
Detail & Organization: Exceptional precision in high-volume data analysis and recordkeeping, paired with strong organizational skills to align leadership schedules for timely approvals.
Stakeholder Influence: Articulate communicator capable of driving internal teams for inputs and prompting bank signatories for approvals prior to payment cut-off times.
Partner & Vendor Relations: Strong interpersonal skills to resolve vendor inquiries, liaise with commercial banking partners, and align cross-functional stakeholders.

Work arrangement
No