Payment Processor

Role : Payment Processor

Location : Abu Dhabi

KEY METRICS

• Invoice Payment Error Rate: <1% of invoice volumes
• Expenses Booking Error Rate: <1% of invoice volumes
• Invoice Processing TAT: < 5 working days
• Query Response TAT: < 5 working days

Key Accountabilities of the role

1- Payment Processing

• a. Process payments / staff expenses within the agreed SLA (5 working days)
• b. Ensure payments / expenses are processed accurately and correctly to proper GLs and cost centers and correct GL coding
• c. Process payments accurately 99% accuracy levels
• d. Ensure all payments processed are suitably approved
• e. Ensure all payments / staff expenses processed are within policy
• f. SAP Arabia clearing all the exceptions
• 2- Reconciliation and Control
• a. Reconciliation of GL accounts under ownership of FCD AP
• b. Reconciliation activities for control purposes
• c. Monitor and reconcile CWIP
• d. Closely Monitoring Cash advance and liquidated
• e. FCD Map Reconciliation
• 3- Month end activities
• a. End of month closing: post-closing entries (monthly & yearly) for prepaid & accrued general expenses and reconcile them with GL.
• b. Posting all journal vouchers with proper tracking
• c. Monitoring expenses according to the providing details by business

4- Query Resolution

Respond to payment related queries within the agreed TAT

5- Reporting

Miscellaneous on demand reports and analysis

6- Other duties assigned by the Line Manager .

Specialist Skills / Technical Knowledge Required for this role

Accounting Background

Excel knowledge

ERP (Oracle / SAP)

Financial Services industry

Finance or Operations