Financial Svcs Specialist

Accounts Payable Disbursement – Job Description

Job Summary –

The Payment Profile role is responsible for managing and processing financial transactions efficiently and accurately across multiple payment channels. The role ensures smooth payment operations, regulatory compliance, and high-quality service delivery to clients and internal stakeholders.

1. Core Responsibilities-

• Processed high volumes of domestic and international payments accurately and within strict deadlines
  • Verified payment details, invoices, and supporting documents to ensure compliance with company policies
  • Managed payment cycles including ACH , wire transfers, checks, and online payment platforms
  • Reconciled payment discrepancies and investigated variances to maintain accurate financial records
  • Coordinated with internal teams (AP, AR, finance, Sourcing) to ensure timely payment processing
  • Foreign Currency Transactions: Understanding the process and regulations related to foreign currency payments, including any associated fees
  • Import Service payments, uploading of Form 15 CA & CB
  • SCF Payment Monitoring and reporting working for Corp disclosure

1. Compliance & Risk Control-

• Ensured adherence to regulatory requirements, internal controls, and audit standards
• Monitored transactions for suspicious or fraudulent activity and escalated issues when necessary
• Maintained detailed audit trails and documentation for all payment transactions

• Assisted in internal and external audits by providing required data and reports

1. Systems & Process Improvement

• Utilized ERP systems (SAP) for payment processing and tracking
• Identified inefficiencies and recommended process improvements to streamline workflows
• Automated routine tasks where possible to reduce processing time and increase accuracy

1. Customer / Vendor Interaction

• Acted as a point of contact for vendors and clients regarding payment inquiries.
• Resolved payment-related issues and disputes in a professional and timely manner

• Maintained strong vendor relationships through consistent communication

1. Reporting & Analysis

• Prepared daily, weekly, and monthly payment reports for management review
• Monitored cash flow and assisted in forecasting payment requirements

Analyzed transaction trends to identify risks and improvement opportunities

1. Experience & Qualifications

• 3 to 4 years’ experience in Payment profile.
• Educated to a degree level or has equivalent business experience
• Good understanding of the procure to pay process in a large manufacturing environment

• Excellent computer skills, including Microsoft, SAP skills Ability to identify and resolve problems