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:

payments / staff expenses within the agreed SLA (5 working days)

payments / expenses are processed accurately and correctly to proper GLs and cost centers and correct GL coding

payments accurately 99% accuracy levels

all payments processed are suitably approved

all payments / staff expenses processed are within policy

Arabia clearing all the exceptions

2-Reconciliation and Control

of GL accounts under ownership of FCD AP
activities for control purposes
and reconcile CWIP
Monitoring Cash advance and liquidated
Map Reconciliation

3-Month end activities

of month closing: post-closing entries (monthly & yearly) for prepaid & accrued general expenses and reconcile them with GL.
all journal vouchers with proper tracking
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