01Key Responsibilities
- Experience with payment operations, process deliverables, and change management initiatives.
- Manage high-volume global payment transactions across multiple entities, currencies, and banking platforms.
- Support process improvement initiatives, standardization activities, and implementation of current payment processes and controls.
- Provide operational guidance and support to team members while ensuring adherence to established procedures.
Primary purpose of this position:
- Execute global vendor and Intercompany payment runs to ensure accurate and timely disbursements across regions.
- Process payments through various banking channels, including Wire, ACH, SEPA, NEFT, RTGS, and other regional payment methods.
- Manage Intercompany settlements, netting activities, balance confirmations, and clearing of open items.
- Coordinate with Treasury to support funding and liquidity requirements for payment execution.
- Upload, validate, and monitor payment files through global banking platforms.
- Investigate payment rejections, failures, and exceptions, ensuring timely resolution and reprocessing.
- Collaborate with Accounts Payable, Intercompany Accounting, General Ledger, Treasury, and regional finance teams to support end-to-end payment processes.
- Act as a key contact for payment, remittance, settlement, and banking-related queries from stakeholders.
- Perform bank reconciliations and payment clearing activities to ensure completeness and accuracy of transactions.
- Monitor Intercompany balances and support timely settlement of outstanding items.
- Prepare and distribute payment reports, KPIs, exception reports, and aging analysis.
- Ensure compliance with SOX requirements, internal controls, payment policies, and maker-checker procedures.
- Maintain accurate and up-to-date payment documentation, approvals, and audit support records.
- Support month-end and year-end close activities, including payment postings, clearing entries, accrual support, .
