Lead Associate - Pune Magarpatta - Payments - Experience required - US ( Night ) Shift - 3 - 4 Years - SAP Mandatory - Immediate Joiner Preferred

Key Responsibilities

• Process scheduled vendor payments (ACH, Wire, Checks, Online banking).
• Prepare and submit payment proposals for approval and ensure accuracy before release.
• Monitor payment cycles to ensure on‑time vendor payments.
• Review and clear payment blocks, holds, and unmatched invoices.
• Coordinate with VM team to resolve payment rejections queries
• Perform Payment reversal and returned EFT payments Reconcile payment batches and resolve failed or returned payments.
• Maintain updated vendor bank details and ensure compliance checks (KYC, tax).
• Coordinate with Procurement, Finance, and vendors for payment‑related queries.
• Periodic and timely update and submission of SOP for approvals.
• Support AP month‑end closing (payment run reporting, reconciliations).
• Ensure adherence to internal controls, audit requirements, and SOX compliance.
• Track and report payment metrics (on-time payments, failed payments, exceptions).
• Month end reporting for all payment related activities

Skills & Competencies

• Strong understanding of Accounts Payable and P2P processes.
• Experience with ERP systems (SAP).Good numerical accuracy and attention to detail.
• Strong communication and vendor‑handling skills.
• Ability to troubleshoot payment discrepancies and banking issues.
• Knowledge of banking processes and payment file formats (NACH, ACH, SWIFT) is a plus.

Qualifications

• Bachelor’s degree in Accounting, Finance, or Business (preferred).
• 2–5 years of experience in AP Payments / Vendor Payments / P2P operations.
• Commerce