Key Responsibilities

- Lead end-to-end payment processing and ensure timely settlement of all approved payments.

- Manage vendor payments, employee reimbursements, salary-related payments, statutory dues, taxes, and other financial transactions.

- Review and authorize payment requests in accordance with company policies and approval matrices.

- Ensure adequate cash flow planning and coordinate with Treasury/Finance teams for payment requirements.

- Monitor bank transactions, payment reconciliations, and outstanding payment items.

- Ensure proper documentation, supporting invoices, approvals, and audit trails for all payments.

- Coordinate with banks and financial institutions for payment-related issues and transactions.

- Ensure compliance with applicable tax, statutory, banking, and internal control requirements.

- Identify and resolve payment discrepancies, rejected transactions, duplicate payments, and reconciliation issues.

- Establish solid internal controls to minimize payment risks, fraud, and financial leakages.

- Monitor payment MIS, ageing reports, cash requirements, and other management reports.

- Coordinate with Procurement, Accounts Payable, Treasury, Tax, Audit, and Business teams.

- Drive automation and process improvements in payment operations.

- Support internal and statutory audits by providing required payment records and documentation.

- Lead,



mentor, and manage the payments/accounts payable team.

Key Skills & Competencies

- Strong knowledge of Payment Processing, Accounts Payable and Treasury Operations.

- Excellent understanding of banking processes and payment systems.

- Good knowledge of GST, TDS and statutory payments.

- Strong reconciliation and analytical skills.

- Experience in ERP systems such as SAP / Oracle / Any other relevant tool.

- Good knowledge of MIS, financial controls and audit requirements.

- Strong team management and stakeholder management skills.

- Excellent attention to detail and problem-solving ability.

- Ability to manage high-volume payments and strict deadlines.

Preferred Experience

- Candidates from manufacturing, infrastructure, EPC, construction, FMCG, shared services, or other high-volume payment environments will be preferred.

- Key Performance Indicators (KPIs)

- Payment accuracy and timeliness

- Reduction in payment exceptions and rejections

- Vendor payment turnaround time

- Bank and ledger reconciliation accuracy

- Compliance with internal controls and statutory requirements

- Reduction in duplicate/incorrect payments

- Process automation and efficiency improvements

- Team productivity and SLA adherence Role & responsibilities

📌 Payments Manager (Hyderabad)
🏢 Vishwa Samudra Engineering
📍 Hyderabad