Accounts Payable Executive

Inchcape Shipping Services; Chennai District; On-site; INR 600,000 - 800,000; Full time

Benefits offered by this job

Retirement savings plan

Life assurance

Holiday

Competitive salary

Employee Assistance Programme

Career development and progression

Job summary

Inchcape Shipping Services is seeking an Accounts Payable professional in Chennai to manage daily banking payments across multiple portals and currencies. The role emphasizes adherence to group policies, accuracy in payment processing, and maintaining audit-ready records.

The candidate should have a commerce/finance background, strong communication, and the ability to meet deadlines in a fast-paced environment. Training and career progression opportunities are offered within a supportive team.

Qualifications

• Experience at BU level with excellent communication skills.
• Ability to meet deadlines through good time management and prioritisation.
• Accounting / Banking background to understand basic book-keeping (debit/credit).
• Experience in payments processes and banking platforms is advantageous.

Responsibilities

• Enter payments manually into online banking systems daily, using templates.
• Set up beneficiary templates and ensure accurate payment data.
• Understand and apply Swift messages (MT103/MT202/MT940) and funding methods.
• Coordinate FX payments and settlements with providers; provide payment confirmations.

Skills

Communication skills

Time management

Accounting/Banking

Education

Commerce/Finance/Banking

MBA Financial Management

Job description

Who are Inchcape?

At Inchcape Shipping Services, our vision is to create a connected world where customers can trade successfully and make informed decisions in every port, everywhere. We achieve this by combining our worldwide infrastructure with local expertise, through our global network of more than 250 proprietary offices and a team of over 3,000 dedicated professionals. Our diverse customer base includes owners and charterers in the oil, cruise, container, and bulk commodity sectors, as well as naval, government, and intergovernmental organizations.

We have an ambitious growth model, and a career here is certainly going to be a rewarding one that will allow you to bring your skills & experience. We embrace change and are open to new thinking and pushing for positive change in our industry.

Job Purpose :

• Accounts Payable function within the Onecape HUB, to include Banking payments from different Bank portals and cross currency functions.
• Adhere to and promote group policies, processes and ethics and compliance practices.

Duties and Responsibilities :

• Enter payments manually (from pre-existing templates / Internal transfers) into the online banking systems daily to meet agreed performance criteria. Preferably Citi Bank, HSBC & Danske Bank.
• Beneficiary template setup to use standard form of payments
• Functionalities of in-depth Banking areas are must.
• Knowledge of payment swift messages like MT103, MT202, MT940 etc.
• Types & methods of funding methods in Banking platform.
• Swift payment integration between ERP and TMS. Preferably Unit 4 ERP and Kyriba TMS.
• Keep record of critical communication for audit trail and support auditors to go through the samples.
• Ensure Beneficiary Letter of Banking data provided meet acceptable criteria before setting up new templates for approval.
• Perform FX payments by coordinating with payment providers, follow up the rates and make settlement to FX providers.
• Provide swift copies / payment confirmations when required.
• Ensure all AP / Banking queries are resolved in a timely and efficient manner; with regular follow up to close matters.
• Follow rejected, returned / compliance payment process to ensure all parties are made aware to manage business expectations.
• Maintain working relationships internally with ISS service centers and colleagues in work location and maintain relationships with external customers.
• Keep superiors advised on any outstanding / performance issues relating to payment details.
• Ensure adherence to group policies on Treasury, Accounting, SOPs, Internal Controls, Ethics & Compliance and HR

Key Deliverables:

• Performance Objectives agreed on an annual basis.
• Customer Satisfaction & Banking relationship
• Meeting Team Targets

Knowledge, Experience & Skills:

Essential

• Experience at Business Unit level with excellent communication skills.
• Ability to meet deadlines through good time management and allocation of priorities.
• Accounting / Banking backgrounds to understand basic book-keeping (debit/credit)

Desirable

• Process orientated
• Experience of working in a pressurized environment as tasks are critical.

Education and Professional Qualifications

Essential

• Commerce / Finance & Accounting / Banking field

Desirable

• MBA Financial Management

Why Inchcape Shipping Services?

We believe in building a diverse and high-performing workforce that works together to provide our customers with the exceptional service they deserve. To reach the highest standards, we depend on our people, their welfare, training and expertise. We realise the value of our staff and know that your unique experiences, skills and passions will help you to build a rich and rewarding career in our dynamic industry.

Our values are at the centre of everything we do, and the successful candidate will be expected to demonstrate and fully adopt these:

Global Perspective - we connect the world and see the bigger picture.

The Power of People - we rely on the strength of local agent knowledge and relationships.

Progress - we adopt new thinking and push for positive change in our industry.

In return, we will offer you:

• A retirement savings plan
• Life assurance
• Holiday
• Competitive salary
• Employee Assistance Programme
• Career development and progression opportunities
• Values Award celebration events

Plus, much more!

#ISSthebiggerpicture

Appointment to this role will be subject to satisfactory references and possession of a valid Right to Work documentation depending upon your geographical location.

Inchcape is an Equal Employment Opportunity Employer and equality, diversity and inclusion are at the centre of everything we do. We recognise that our customers, colleagues, contractors and other partners are central to our success and that we work in a diverse society. We acknowledge not only our legal, but also our moral responsibility to ensure all groups have equality of opportunity.