The P2P Payment Processing- Associate will be responsible for executing accurate & timely processing of payments to vendors, employees etc. He is responsible to coordinate with treasury and bank for payment authorization and payment release.
He/ She would need to contribute as per overall service framework so that he/ she meets or exceeds agreed KPIs and SLAs defined between Operating Companies and BSC.
Preparation of payment proposal and checking of open advances, debits/credits etc;
Generating and review of payment proposal & payment run
Reconciliation of payment run with bank payment file uploads.
Investigate and resolve issues of reversal and rejected payments;
Process local manual payments, foreign currency/treasury payments and processing cheque cancellations as well as stop payment requests;
Coordinating with treasury and bank for payment authorization and release.
Coordinating with bank for any error in payment processing.
Ensuring compliance of QA framework.
Participating in continuous improvement projects within Shared services.
Ensure that overall delivery of services to Opcos meets or exceeds agreed KPIs and SLAs defined between Operating Companies and BSC and is within a solid internal control framework.
Collaborate with the Service Management team to understand and effectively implement SLA.
Ensure that Internal Customer and Supplier issues are dealt with in accordance with the escalation process and push back where this is not the case