Finance Executive (Remittance)

Renaissance Dhaka Gulshan Hotel RDGH; United Kingdom; On-site; GBP 30,000 - 40,000; Full time

Job summary

A hospitality hotel in the United Kingdom is seeking a Finance Coordinator responsible for managing employee salary transfers and vendor payments. The role involves ensuring accurate bank details, coordinating with banks for payment issues, and performing daily reconciliations. Ideal candidates will have experience with financial remittances, strong attention to detail, and proficiency in accounting systems. This position requires maintaining confidentiality and supporting audit preparations.

Qualifications

• Experience with salary transfers and vendor payments management.
• Strong attention to detail for verifying bank details and amounts.
• Proficiency in accounting systems and bank reconciliation.

Responsibilities

• Prepare and process all employee salary transfers and vendor payments.
• Ensure accuracy of bank details and payment amounts.
• Coordinate with banks for payment issues and resolve discrepancies.
• Perform daily bank reconciliation for remitted transactions.
• Maintain documentation of all payments and confirmations.

Job description

• Prepare and process all employee salary transfers, vendor payments, and other remittances.
• Ensure accuracy of bank details, payment amounts, and supporting documents.
• Upload payment files to the bank portals (e.g., BEFTN, RTGS, Online Banking).

• Verify remittance requests with approved documents, invoices, payroll sheets, or expense claims.
• Maintain proper documentation of all payments, bank receipts, and confirmations.
• Track payment status and ensure successful transmission.

• Coordinate with banks for payment issues, rejected files, or remittance confirmations.
• Collect bank statements, verify debits/credits, and resolve discrepancies.

• Perform daily bank reconciliation for remitted transactions.
• Record all payments in the accounting system accurately and in a timely manner.
• Prepare remittance reports for management and assist in month-end closing.

• Ensure remittance activities follow internal financial controls and audit guidelines.
• Maintain confidentiality of financial and employee information.
• Support internal/external audits with remittance-related documents