Bank Payments Head

Pakka Limited; Faizabad; On-site; INR 1,400,000 - 2,200,000; Full time

Job summary

PAKKA is seeking a Bank Payments Head in Faizabad, Uttar Pradesh, India to lead vendor payments, banking operations, TDS compliance, reconciliations, cash management, and audit support with a strong focus on financial controls and compliance.

The role requires 3–5 years in Finance & Accounts, hands-on SAP and banking portal experience, and experience in a manufacturing or large-scale organization is preferred. A CA Inter / B.Com/M.Com background is desirable.

Qualifications

• 3–5 years of experience in Finance & Accounts, vendor payments, TDS, reconciliation, and audit coordination.
• Experience in manufacturing or large-scale organizations preferred.
• Hands-on SAP and banking portal experience preferred.

Responsibilities

• Review and process vendor payments against approved requests, documents and due dates.
• Manage payment processing through authorized banking portals with maker-checker controls.
• Verify beneficiary details, payment amounts, approvals and supporting documentation.
• Monitor payment status and resolve failed or delayed transactions.
• Reconcile payment advice with bank statements and SAP entries.
• Maintain robust controls to prevent unauthorized or duplicate payments.
• Ensure timely closure of discrepancies and audit-ready documentation.

Skills

Vendor payments

Banking operations

TDS compliance

Reconciliations

Cash management

Audit support

Education

B. Com

M. Com

CA Inter

Tools

SAP/ERP

Banking portals

Job description

PAKKAis looking for a Bank Payments Head who will lead and manage vendorpayments, banking operations, TDS compliance, reconciliations, cash management,and audit support, ensuring timely and accurate transactions with strongfinancial controls, statutory compliance, and process discipline.

KeyResponsibilities:

• Reviewand process vendor payments against approved requests, supportingdocuments, and due dates.
  
• Managepayment processing through authorized banking portals with robustmaker-checker controls.
  
• Verifybeneficiary details, payment amounts, approvals, and supportingdocumentation.
  
• Monitorpayment status and resolve failed, delayed, or rejected transactions.
  
• Reconcilepayment advice with bank statements and SAP entries.
  
• Identifyand resolve duplicate, excess, failed, or unidentified transactions.
  
• Maintainexception trackers and ensure timely closure of discrepancies.
  
• Ensurestrong controls to prevent unauthorized or duplicate payments.
  

3.TDS Compliance

• Ensureaccurate application of TDS sections, rates, thresholds, PAN requirements,and tax codes.
  
• ReconcileTDS deductions with SAP, GL, and challans.
  
• Ensuretimely deduction, deposit, return filing, and issuance of Form 16A.
  
• ManageTDS-related discrepancies, defaults, notices, and documentation.
  
• Managecreation and modification of vendor masters in SAP as per approvedprocesses.
  
• Verifyvendor KYC, bank details, tax information, and approvals.
  
• Ensuremaker-checker controls and accuracy of withholding tax codes and accountmapping.
  
• Maintainclean, accurate, and updated vendor master data.
  
• Reconcilevendor ledgers, bank/CC accounts, staff advances, and related records.
  
• Investigateand close long-outstanding, debit balance, duplicate, and unidentifieditems.
  
• Ensureproper authorization and documentation for cash transactions.
  
• Maintainaccurate SAP and supporting records for all cash activities.
  

6.Audit & Compliance

• Ensureaudit-ready documentation for internal, statutory, and tax audits.
  
• Coordinatewith auditors and internal stakeholders for information, reconciliations,and supporting documents.
  
• Trackaudit observations and drive timeliness closure and preventive actions.
  

7.Stakeholder Management

• Coordinatewith vendors, banks, internal teams, and auditors to ensure smooth paymentoperations.
  
• Resolvepayment, TDS, and documentation-related queries within defined timelines.
  
• Maintainconfidentiality of financial and vendor information.
  

8.Process Improvement

• Identifyopportunities to improve payment efficiency, controls, reconciliation, andcompliance.
  
• LeverageSAP/ERP and automation to reduce manual effort and strengthen processaccuracy.
  
• Ensureadherence to organizational financial policies and internal controls.
  
• Strongknowledge of vendor payments, banking operations, TDS, andreconciliations.
  
• Hands-onexperience with SAP/ERP and banking portals.
  
• Strongunderstanding of financial controls and statutory compliance.
  
• Highattention to detail, accuracy, and process discipline.
  
• Stronganalytical, problem-solving, and stakeholder management skills.
  
• Abilityto manage confidential financial information with integrity.
  

Qualification:

B. Com/ M. Com/ CAInter/ equivalent qualification. Professional qualification in Finance &Accounts will be an added advantage.

Experience:

• 3–5years of relevant experience in Finance & Accounts, vendor payments,TDS, reconciliation, and audit coordination.
  
• Experiencein a manufacturing or large-scale organization will be preferred.
  
• Hands-onSAP and banking portal experience preferred.