Role Overview

We are looking for a finance professional to manage vendor high-volume payment operations, with a strong focus on bulk payments, bulk disbursements, and bank integrations.

The role requires hands-on experience in SAP, banking integrations (Host-to-Host), and payment controls, along with the ability to ensure accuracy, compliance, and timely execution of large-scale transactions.

Key Responsibilities

1. Payment Processing & Treasury Operations

Execute bulk vendor payments through banking platforms with zero errors Manage Host-to-Host (H2H) bank integration for diagnostic centre payouts Ensure timely processing of inter-bank fund transfers and liquidity movement Validate payment files, bank details, and approval workflows before execution Coordinate internally for fund availability and payment scheduling Payment of statutory dues - TDS, GST, PF, ESI, PT

2. Payment Controls & Compliance

Ensure maker-checker controls for all payment runs Validate vendor bank details, duplicate payments, and exception transactions Ensure correct TDS deduction and statutory compliance on payments Maintain audit trail for all payment transactions

3. Reconciliation & Monitoring

Reconcile payment files vs SAP postings vs bank statements Track and resolve failed payments, reversals, and unmatched entries Ensure no unreconciled items beyond defined timelines (15 days)

4. Vendor Coordination & Issue Resolution Resolve payment-related queries from diagnostic vendors and internal teams Coordinate with stakeholders to address invoice mismatches, rejections,



and delays Ensure timely closure of open vendor issues impacting payouts

5. Audit & Compliance Support

Support statutory audit, internal audit, and IFC testing for AP and payment processes Provide required payment schedules, reconciliations, and documentation Ensure closure of audit observations within defined timelines

6. Process Improvement & Automation

Drive improvements in payment processing, validation controls, and reconciliation workflows Work with Tech and Finance teams on bank integration enhancements and SAP automation Reduce manual interventions in payment preparation and tracking

Required Qualifications & Experience

B.Com / M.Com / CA Inter 5–7 years of experience in Accounts Payable and Payments

Hands-on experience in bulk payments and bank integrations (Host-to-Host preferred)

Strong working knowledge of SAP (preferably SAP B1)

Understanding of TDS and statutory payment compliance Preferred Skills

Experience in high-volume vendor payment environments

Knowledge of bank file formats, payment gateways, and reconciliation processes Strong Excel skills (Power Query preferred)

Exposure to automation initiatives in finance Behavioral Competencies

Robust attention to detail and control mindset

High ownership and accountability for payments

Ability to work under tight timelines and high transaction volumes

Problem-solving approach with focus on process improvement

Effective coordination with cross-functional teams and banks

PLEASE EMAIL YOUR UPDATED CV TO : [email protected] WITH SUBJECT LINE : SENIOR AP ROLE

📌 Senior Accounts Payable Process Executive (Bengaluru)
🏢 Medibuddy
📍 Bengaluru