Junior Executive - F&A

GMR Power Urban Infra

Hyderabad

On-site

INR 420,000 - 700,000

Full time

13 days ago

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Job summary

GMR Power Urban Infra seeks a Payment Lead to oversee and ensure timely processing of MSME payments, credit card fees, utilities, director sitting fees, Sodexo coupons, and retainers. This role also reviews the Employee Ledger for pending items and coordinates with relevant teams for swift resolution.

You will process payments against vendor invoices, employee payables, and advances weekly, using SAP per the defined process with a strong control framework.

Qualifications

Proven experience in payments processing and AP/AR cycles.
Knowledge of SAP-based payment processing and internal controls.
Experience coordinating with finance teams and auditors.
Understanding of regulatory compliance in accounting and payments.

Responsibilities

Monitor due payments for MSMEs and coordinate with Finance for timely disbursement.
Track critical payments (credit cards, utilities, director sitting fees, Sodexo coupons, retainers) to meet due dates.
Review open items in Employee Ledger and initiate corrective actions within 15 days.
Validate payment advices before submission to Finance for approval and bank execution.

Skills

Attention to detail

Financial reconciliation

SAP

Leadership

Education

B. Com

MBA in Finance

Post-Graduate Qualifications in Accounting

Tools

SAP

Excel

Job description

JOB PURPOSE

This role is responsible for overseeing and ensuring the timely processing of various payments, including those for MSMEs and critical payments such as credit card fees, utilities, sitting fees for directors, Sodexo food coupons, and retainers. This role also involves reviewing open pending payments in the Employee Ledger and ensuring timely resolutions in coordination with relevant teams.Apart from the above, the candidate will be responsible for processing the payments against Vendor invoices, Employee payables on weekly basis and advance payments to vendor/ Employees. Salary etc. through the Batch / single payments in the SAP as per laid down process with control framework.

ORGANISATION CHART

Team Lead - Payment --> Team Member | Payments --> Reports To --> Position Title

KEY ACCOUNTABILITIES

Responsibilities

Key Performance Indicators (KPIs)

Accuracy and Timeliness of Payments
Compliance with Audit Requirements

Process Management:

Monitor due payments for MSME vendors and coordinate with the Finance team to ensure timely disbursement.
Track critical payments (e.g., credit cards, utilities, director sitting fees, Sodexo coupons, retainers) to ensure adherence to due dates.
Review open items in the Employee Ledger to ensure no payment remains pending beyond 15 days; initiate corrective actions as needed.
Respond to urgent payment requirements, including those from GHB, SLT, and GHBO offices, ensuring close monitoring and prompt execution.
Review payments processed for vendor invoices, employee reimbursements, advances, salaries, TDS, GST, EMDs, and customer refunds, ensuring compliance with internal controls.
Validate manually prepared payment advice before submission to Business Finance for approval and ensure timely execution by the bank.

Stakeholder Management:

Handling the escalations from vendors, user Deptt. and sr. management team

CSAT score

Process Improvement

Study current processes and identify opportunities for automation or the introduction of new tools to improve accuracy, turnaround time (TAT), and other Service Level Agreement (SLA) parameters.

Improvement in Accuracy, TAT and other SLA parameters

Statutory Support and Compliance Process

To provide required document for Audit requirements Statutory & Internal audits
Provide support for both statutory and internal audits by ensuring all payment processes comply with required standards and regulations.