Payment Processor

Abu Dhabi Islamic Bank; Abu Dhabi; On-site; AED 89,000 - 134,000; Full time

Job summary

Abu Dhabi Islamic Bank is seeking a meticulous Payment Processor based in Abu Dhabi. The role focuses on end-to-end payment processing, staff expenses, and ensuring accuracy in GL postings within policy guidelines.

You will also handle reconciliations, month-end activities, and ad-hoc reporting while resolving payment queries promptly. A background in accounting and ERP systems is essential.

Qualifications

• Accounting background required.
• Strong Excel skills and data accuracy.
• Experience with ERP systems (Oracle, SAP).
• knowledge of financial services industry advisable.
• Experience in finance or operations preferable.

Responsibilities

• Process payments and staff expenses within SLA (5 working days).
• Ensure payments are posted to correct GLs and cost centers with proper coding.
• Maintain 99% payment accuracy and appropriate approvals.
• Perform GL reconciliations and CWIP monitoring.
• Handle month-end postings and accrual/prepaid accounting.
• Respond to payment-related queries within agreed TAT.
• Generate ad-hoc reports and analytics.

Skills

Accounting background

Excel knowledge

Financial services industry

Finance or operations

Attention to detail

Tools

SAP

Oracle

Job description

Job description

Role : Payment Processor
Location : Abu Dhabi

KEY METRICS:

• Invoice Payment Error Rate: <1% of invoice volumes
• Expenses Booking Error Rate: <1% of invoice volumes
• Invoice Processing TAT: < 5 working days
• Query Response TAT: < 5 working days

Key Accountabilities of the role

1. Payment Processing:
   • Process payments / staff expenses within the agreed SLA (5 working days)
   • Ensure payments / expenses are processed accurately and correctly to proper GLs and cost centers and correct GL coding
   • Process payments accurately 99% accuracy levels
   • Ensure all payments processed are suitably approved
   • Ensure all payments / staff expenses processed are within policy
   • SAP Arabia clearing all the exceptions
2. Reconciliation and Control
   • Reconciliation of GL accounts under ownership of FCD AP
   • Reconciliation activities for control purposes
   • Monitor and reconcile CWIP
   • Closely Monitoring Cash advance and liquidated
   • FCD Map Reconciliation
3. Month end activities
   • End of month closing: post-closing entries (monthly & yearly) for prepaid & accrued general expenses and reconcile them with GL.
   • Posting all journal vouchers with proper tracking
   • Monitoring expenses according to the providing details by business
4. Query Resolution Respond to payment related queries within the agreed TAT
5. Reporting:
   • Miscellaneous on demand reports and analysis
6. Other duties assigned by the Line Manager .

Specialist Skills / Technical Knowledge Required for this role:

• Accounting Background
• Excel knowledge
• ERP (Oracle / SAP)
• Financial Services industry
• Finance or Operations