Key Responsibilities

• Process scheduled vendor payments (ACH, Wire, Checks, Online Banking)
• Prepare and submit payment proposals for approval, ensuring accuracy before release
• Monitor payment cycles to ensure timely vendor payments
• Review and clear payment blocks, holds, and unmatched invoices
• Coordinate with VM team to resolve payment rejections and queries
• Perform payment reversals and handle returned EFT payments
• Reconcile payment batches and resolve failed/returned payments
• Maintain updated vendor bank details and ensure compliance (KYC, tax)
• Coordinate with Procurement, Finance, and vendors for payment-related queries
• Ensure periodic update and submission of SOPs for approval
• Support AP month-end closing (payment run reporting, reconciliations)
• Ensure adherence to internal controls, audit requirements, and SOX compliance
• Track and report payment metrics (on-time payments, failed payments, exceptions)
• Prepare month-end reports for all payment-related activities

Skills & Competencies

• Strong understanding of Accounts Payable and P2P processes
• Experience with ERP systems (SAP preferred)
• High numerical accuracy and attention to detail
• Strong communication and vendor management skills
• Ability to troubleshoot payment discrepancies and banking issues
• Knowledge of banking processes and payment formats (NACH, ACH, SWIFT) is an added advantage

• Job Location: Pune (Magarpatta)
• Work Mode: Work From Office (WFO) – Mandatory
• Shift Timings: US Shift (5:30 PM to 2:30 AM)

QualificationsBachelor’s degree in Accounting, Finance, or Business (preferred).2–5 years of experience in AP Payments / Vendor Payments / P2P operations.