Treasury Specialist - AP

Zoho; Bengaluru; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Talentfleet Solutions Pvt Ltd is seeking a detail-oriented treasury and accounts payable professional to manage daily cash operations, intercompany cash transfers, and liquidity planning in a fast-paced environment.

The role requires 3+ years in corporate treasury or banking disbursements, with strong skills in SAP/Oracle and online banking platforms, ensuring timely payments and strict internal controls.

Qualifications

• Bachelor’s or Master’s degree in Accounting, Finance or Commerce.
• 3+ years in Accounts Payable, treasury operations or banking disbursements, preferably in MNCs.
• Proficiency in ERP systems (SAP/Oracle) and online banking platforms.
• Strong knowledge of payment clearing, banking settlements and internal controls.

Responsibilities

• Oversee treasury and daily cash operations, cash visibility and liquidity planning.
• Lead end-to-end Accounts Payable and payment execution lifecycle.
• Ensure compliance, perform audits and assist in Bank Reconciliation Statements.
• Support supply chain financing and reverse factoring onboarding and tracking.

Skills

Detail orientation

Stakeholder influence

Vendor relations

Internal controls

Financial data analysis

Education

Bachelor’s/Master’s in Accounting/Finance/Commerce

Tools

SAP

Oracle

Online banking platforms

Job description

Talentfleet Solutions Pvt Ltd | Full time

Talentfleet was founded with the idea of streamlining thehiring and HR processes of organizations across sectors. We are highlyexperienced in both startup and enterprise grade hiring requirements, and ourcurated talent database is expansive. Our process-driven approach with in-depthunderstanding of core organizational needs ensures that our service experienceis industry-grade and beyond.

Job Description

Key Responsibilities

1. Treasury & Daily Cash Operations

Cash Visibility: Extract bank balances across all banks and entities to monitor account-level liquidity and circulate balance updates to relevant internal stakeholders to track domain-specific receipts and payments.

Intercompany Transfers: Initiate fund transfers between company accounts via online banking platforms to maintain required operational cash levels across bank accounts.

Liquidity Planning: Advise funding requirements to the Treasury Point of Contact (PoC) to support short-term liquidity planning.

Banking Requests: Oversee the end-to-end issuance of Demand Drafts (DDs) through partner banks based on business requests.

2. Accounts Payable & Payment Execution:

End-to-end Payment Execution: Lead the complete disbursement lifecycle from Payment Batch staging to final Payment remittance

Banking systems & protocols: Manage Host-to-Host (H2H) automated file transmissions utilizing standard ISO 20022 XML formats

Governance & Control: Enforce multi-tier internal controls, including strict approval matrices, authorized bank signatory approvals, dual-control validations, and underlying document verification

Statutory & Recurring Payments: Ensure 100% on-time processing and tracking of statutory liabilities (TDS, GST, PF, PT, ESI) and recurring operational obligations (store rent, electricity, deferred duties) via a centralized payments calendar.

Payment Rejection Workflows: Investigate and resolve payment rejections, returned funds, bank trace inquiries, and payment discrepancies with internal teams and external banks.

Remittance & Advisories: Prepare and distribute payment reference details and advice to relevant internal and external stakeholders.

Security, Fraud Mitigation & Governance: Enforce call-back protocols for vendor bank account modifications, dual-authorization enforcement, and electronic banking portal management across MNC and local banking platforms.

3. Accounting, Reconciliation, Compliance & Audit Support

Posting & BRS Clearance: Complete accounting entries for specified payments and perform timely Bank Reconciliation Statement (BRS) clearances for open items.

Compliance Maintenance: Maintain and update the Master Tracker of Payments, Internal Finance Policy-aligned Approval Matrices, Bank Signatories and signing limits, and Exceptional Payment regulatory logs.

Audit Readiness: Support internal, statutory, and tax audits by archiving payment records (vouchers, advice, bank statements), maintaining historical data on bank signing limits and expense approval matrices, and preparing required audit schedules.

4. Supply Chain Financing/ Reverse Factoring support

Vendor Onboarding: Act as the primary First Point of Contact (PoC) to facilitate vendor onboarding onto the company’s Reverse Factoring program.

RF Batch Staging: Batch stage vendor invoices for seamless uploading into selected RF banking portals for payment processing.

Program Tracking: Monitor bank portals weekly and circulate updates on onboarded vendors, funded invoices, and unfunded invoices across banking partners.

Monthly Reconciliation: Assist in the monthly status reconciliation of the overall Reverse Factoring program.

Requirements

Qualifications & Experience

Education: Bachelor’s/Master’s degree in Accounting, Finance or Commerce.

Experience: 3+ years of experience in Accounts Payable, Corporate Treasury Operations, or Banking Disbursements, preferably within MNCs or large-scale enterprise environments.

Technical Skills

Systems Expertise: Strong proficiency in enterprise ERP systems (SAP, Oracle, or equivalent) and corporate online banking platforms.

Banking & Controls: Solid understanding of payment clearing mechanisms, banking settlement protocols, and core internal financial controls.

Soft Skills

Detail & Organization: Exceptional precision in high-volume data analysis and record keeping, paired with strong organizational skills to align leadership schedules for timely approvals.

Stakeholder Influence: Articulate communicator capable of driving internal teams for inputs and prompting bank signatories for approvals before payment cut-off times.

Partner & Vendor Relations: Strong interpersonal skills to resolve vendor inquiries, liaise with commercial banking partners, and align cross-functional stakeholders.