Finance Officer, Payment Processing (6-month contract)

SBS Transit Limited; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading transportation company in Singapore is seeking a Payment Processing Executive to manage the payment process effectively. In this role, you will ensure accurate disbursement of payments, verify documentation, and liaise with various departments. A diploma or degree in Accounting/Finance and 1-3 years of relevant experience are required. Join a supportive team that values collaboration and attention to detail.

Qualifications

• Possess 1-3 years of relevant experience in Accounts Payable or Payment Processing.
• Good understanding of payment procedures and basic accounting principles.
• Ability to meet deadlines and work independently.

Responsibilities

• Manage the end-to-end payment process ensuring timely and accurate disbursement.
• Verify supporting documents for payment requests and process payments according to policies.
• Liaise with vendors and internal departments to resolve payment-related queries.

Skills

Attention to detail

Microsoft Excel

Communication skills

Education

Diploma or Degree in Accounting/Finance

Tools

SAP

Accounting software

Job description

The Payment Processing Executive will be responsible for managing the end-to-end payment process to ensure timely, accurate, and compliant disbursement of payments to vendors, suppliers, and other stakeholders.

This role involves coordinating with internal departments, verifying documentation, preparing payment batches, and maintaining accurate financial records.

Join our welcoming team, where support and collaboration are at the heart of everything we do!

Key Responsibilities:

• Review and verify supporting documents for payment requests (invoices, purchase orders, delivery orders, etc.)

• Process vendor, supplier, and service provider payments according to company policies and payment schedules

• Ensure proper approvals are obtained before processing payments

• Record payments accurately in the accounting system (SAP)

• Handle advance payments, staff claims

• Monitor payment due dates to avoid late charges or interest

• Liaise with vendors and internal departments to resolve payment-related queries or discrepancies

• Maintain proper filing of payment records for audit purposes

• Assist in monthly cash flow reporting and payment forecasting

• Assist in monthly closing activities including clearing of DDA and AP supplier’s reconciliation

• Assist in data cleansing for system migration

• Assist in ad-hoc tasks assigned by direct supervisor

Requirements:

• Diploma or Degree in Accounting/Finance or equivalent

• Possess 1-3 years of relevant experience in Accounts Payable or Payment Processing

• Good understanding of payment procedures, banking transactions, and basic accounting principles

• Proficient in Microsoft Excel and accounting software (SAP, or equivalent)

• Strong attention to details and accuracy

• Ability to meet deadlines and work independently