PAKKA
is looking for a Bank Payments Head who will lead and manage vendor
payments, banking operations, TDS compliance, reconciliations, cash management,
and audit support, ensuring timely and accurate transactions with strong
financial controls, statutory compliance, and process discipline.
Key
Responsibilities:
1.
Vendor Payments & Banking
• Review
and process vendor payments against approved requests, supporting
documents, and due dates.
• Manage
payment processing through authorized banking portals with robust
maker-checker controls.
• Verify
beneficiary details, payment amounts, approvals, and supporting
documentation.
• Monitor
payment status and resolve failed, delayed, or rejected transactions.
2.
Payment Controls & Reconciliation
• Reconcile
payment advice with bank statements and SAP entries.
• Identify
and resolve duplicate, excess, failed, or unidentified transactions.
• Maintain
exception trackers and ensure timely closure of discrepancies.
• Ensure
robust controls to prevent unauthorized or duplicate payments.
3.
TDS Compliance
• Ensure
accurate application of TDS sections, rates, thresholds, PAN requirements,
and tax codes.
• Reconcile
TDS deductions with SAP, GL, and challans.
• Ensure
timely deduction, deposit, return filing, and issuance of Form 16A.
• Manage
TDS-related discrepancies, defaults, notices, and documentation.
4.
Vendor Master & SAP Controls
• Manage
creation and modification of vendor masters in SAP as per approved
processes.
• Verify
vendor KYC, bank details, tax information, and approvals.
• Ensure
maker-checker controls and accuracy of withholding tax codes and account
mapping.
• Maintain
clean, accurate, and updated vendor master data.
5.
Reconciliation & Cash Management
• Reconcile
vendor ledgers, bank/CC accounts, staff advances, and related records.
• Investigate
and close long-outstanding, debit balance, duplicate, and unidentified
items.
• Ensure
proper authorization and documentation for cash transac
📌 Bank Payments Head (India)
🏢 Pakka
📍 India