Key Responsibilities

1. Treasury & Daily Cash Operations

- Cash Visibility: Extract bank balances across all banks and entities to monitor account-level liquidity and circulate balance updates to relevant internal stakeholders to track domain-specific receipts and payments.
- Intercompany Transfers: Initiate fund transfers between company accounts via online banking platforms to maintain required operational cash levels across bank accounts.
- Liquidity Planning: Advise funding requirements to the Treasury Point of Contact (PoC) to support short-term liquidity planning.
- Banking Requests: Oversee the end-to-end issuance of Demand Drafts (DDs) through partner banks based on business requests.

2. Accounts Payable & Payment Execution:

- End-to-end Payment Execution: Lead the complete disbursement lifecycle from Payment Batch staging to final Payment remittance
- Banking systems & protocols: Manage Host-to-Host (H2H) automated file transmissions utilizing standard ISO 20022 XML formats
- Governance & Control: Enforce multi-tier internal controls, including strict approval matrices, authorized bank signatory approvals, dual-control validations, and underlying document verification
- Statutory & Recurring Payments: Ensure 100% on-time processing and tracking of statutory liabilities (TDS, GST, PF, PT, ESI) and recurring operational obligations (store rent, electricity, deferred duties) via a centralized payments calendar.
- Payment Rejection Workflows: Investigate and resolve payment rejections, returned funds, bank trace inquiries, and payment discrepancies with internal teams and external banks.

- Remittance & Advisories:



Prepare and distribute payment reference details and advice to relevant internal and external stakeholders.

- Security, Fraud Mitigation & Governance: Enforce call-back protocols for vendor bank account modifications, dual-authorization enforcement, and electronic banking portal management across MNC and local banking platforms.

3. Accounting, Reconciliation, Compliance & Audit Support

- Posting & BRS Clearance: Complete accounting entries for specified payments and perform timely Bank Reconciliation Statement (BRS) clearances for open items.
- Compliance Maintenance: Maintain and update the Master Tracker of Payments, Internal Finance Policy-aligned Approval Matrices, Bank Signatories and signing limits, and Exceptional Payment regulatory logs.
- Audit Readiness: Support internal, statutory, and tax audits by archiving payment records (vouchers, advice, bank statements), maintaining historical data on bank signing limits and expense approval matrices, and preparing required audit schedules.

4. Supply Chain Financing/ Reverse Factoring support

- Vendor Onboarding: Act as the primary First Point of Contact (PoC) to facilitate vendor onboarding onto the company’s Reverse Factoring program.
- RF Batch Staging:



Batch stage vendor invoices for seamless uploading into selected RF banking portals for payment processing.
- Program Tracking: Monitor bank portals weekly and circulate updates on onboarded vendors, funded invoices, and unfunded invoices across banking partners.
- Monthly Reconciliation: Assist in the monthly status reconciliation of the overall Reverse Factoring program.

Requirements

Qualifications & Experience

- Education: Bachelor’s/Master’s degree in Accounting, Finance or Commerce.
- Experience: 3+ years of experience in Accounts Payable, Corporate Treasury Operations, or Banking Disbursements, preferably within MNCs or large-scale enterprise environments.

Advantages

Technical Skills
- Systems Expertise: Strong proficiency in enterprise ERP systems (SAP, Oracle, or equivalent) and corporate online banking platforms.
- Banking & Controls: Solid understanding of payment clearing mechanisms, banking settlement protocols, and core internal financial controls.

Soft Skills
- Detail & Organization: Exceptional precision in high-volume data analysis and record keeping, paired with strong organizational skills to align leadership schedules for timely approvals.
- Stakeholder Influence: Articulate communicator capable of driving internal teams for inputs and prompting bank signatories for approvals before payment cut-off times.
- Partner & Vendor Relations: Strong interpersonal skills to resolve vendor inquiries, liaise with commercial banking partners, and align cross-functional stakeholders.

📌 Treasury Specialist - AP (Bengaluru)
🏢 Talentfleet Solutions
📍 Bengaluru