Senior P2P Payments Specialist
Job Description
Job Summary
We are seeking an experienced and highly detail-oriented Payments Operations Specialist/Analyst to join our dynamic Payments team. The ideal candidate will possess a minimum of 5 years of hands-on experience managing the full, end-to-end payments lifecycle, with specific expertise in both Manual and Host-to-Host payment processing. This role is critical for ensuring accurate, timely, and compliant disbursement of funds, requiring strong knowledge of Supplier and Controller Management best practices.
Key Responsibilities
• End-to-End Payment Processing:
• Perform comprehensive payment processing activities, including the timely processing and completion of standard, ad-hoc, and urgent payments, as well as credit notes.
• Execute the payment run process: accurately identifying invoices for payment, determining which invoices must be excluded, and setting the precise payment date according to company policies and vendor terms.
• Ensure all payments are compliant with internal controls, financial regulations, and tax requirements.
• Issue Resolution and Controls:
• Serve as the primary point of contact for resolving issues and exceptions arising from the payments process in a timely and efficient manner.
• Liaise closely with Payment Processing Team Leads, Treasury, and other stakeholders to investigate and implement corrective actions.
• Maintain robust internal controls over the payments process to mitigate fraud and error.
• Supplier and Controller Management:
• Act as a subject matter expert (SME) on payment methods and requirements, ensuring master data (vendor bank details) is accurate and secure.
• Coordinate with the Accounts Payable Controller function regarding ledger reconciliation, cutoff procedures, and period-end close activities related to payments.
• System and Process Improvement:
• Utilize SAP (S4/ECC) or other large Enterprise Resource Planning (ERP) platforms for all payment-related transactions and reporting.
• Participate in testing, documentation, and implementation of process improvements and system upgrades related to payment automation (e.g., H2H interfaces).
Requirements
Department: Finance
Experience Level: Not Applicable