01Overview
At Avolta (SIX: AVOL), our people are at the driving force behind our success. With a team of over 76,000 individuals representing more than 150 nationalities, we are a truly global company driven by passion, innovation, and excellence.
Born from the combination of Dufry and Autogrill, Avolta is redefining the travel experience through the dedication and expertise of our diverse workforce. Across 73 countries and 1,000 locations, our teams bring energy, creativity, and commitment to delivering world-class travel retail and food & beverage experiences.
We operate across multiple channels - including airports, motorways, cruise ships, ports, railways, and more - offering endless opportunities for collaboration and growth. Our people are empowered to make an impact, supported by a culture that values teamwork, development, and innovation.
Sustainability and social responsibility are embedded in our strategy, ensuring we grow in a way that benefits both our employees and the communities we serve.
Are you looking for a dynamic, international career where your contributions truly matter Join Avolta and be part of a team thats shaping the future of travel - together.
Job Description Senior Executive, AP Payments (FSSC Intercompany Focus)
Role Summary The Senior Executive AP Payments (Disbursement) in an FSSC environment is responsible for executing global vendor and intercompany payments, ensuring accuracy, timeliness, and compliance with internal controls. The role involves managing cross-border transactions, intercompany settlements, netting activities, and collaboration with global stakeholders across regions.
Key Responsibilities
1. Global Payment Execution (Vendor & Intercompany)
Execute payment runs for vendors and intercompany entities across regions (APAC, EMEA, Americas)
Process payments via multiple modes (Wire, ACH, SEPA, NEFT/RTGS)
Handle intercompany settlements including netting and balance clearing
Ensure adherence to global payment calendars and cut-off timelines
2. Intercompany Disbursement & Netting
Manage intercompany payment cycles, including netting and settlement processes
Coordinate with group entities for IC balance confirmation and payment alignment
Support intercompany mismatch resolution impacting payments
Ensure proper accounting and clearing of intercompany open items
3. Banking & Treasury Coordination
Upload and validate payment files in global banking platforms
Liaise with treasury for liquidity/funding requirements
Monitor payment status, investigate rejections, and ensure reprocessing
Manage relationships with banking partners for issue resolution
4. Stakeholder Management (Global FSSC Model)
Act as key contact for regional finance teams and intercompany partners
Respond to queries related to payments, remittance, and settlement status
Collaborate with AP Invoice Processing, IC Accounting, and GL teams
Ensure effective communication across time zones
5. Reconciliation & Reporting
Perform bank reconciliation and payment clearing activities
Monitor intercompany balances and ensure timely settlement
Prepare payment dashboards, KPIs (on-time payment %, failure rate, aging)
Track and report payment exceptions and escalations
6. Compliance, Controls & Audit
Ensure adherence to SOX/internal controls in payment processing
Maintain strict maker-checker process for all disbursements
Ensure audit readiness with proper documentation and approvals
Follow global payment policies and compliance requirements
7. Month-End & Close Support
Support month-end close (payment postings, clearing entries, IC settlements)
Ensure old/open items are reviewed and cleared
Coordinate with IC accounting teams for mismatch resolution
Assist in accruals and variance explanations
8. Process Improvement & Transformation
Identify opportunities for automation (RPA, payment tools, netting systems)
Support transitions/migrations into FSSC
Drive standardization across regions and entities
Participate in continuous improvement initiatives (Lean / Six Sigma)
Key Skills & Competencies
Strong expertise in AP Payments & Intercompany accounting
Experience working in Global FSSC / Shared Services environment
Knowledge of netting systems and intercompany settlements
Hands-on experience with ERP systems (SAP/Oracle) & banking portals
Understanding of multi-currency and cross-border payments
Strong stakeholder management across geographies
High attention to detail, accuracy, and control mindset
Ability to manage high-volume transactions under tight deadlines
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