CoE Manager, Payments

Job Description

Finance & Accounting, a core function of a business that requires talents to manage business accounting from its basic entry to analytical process upto sophisticated financial reporting. We require people with career development-oriented to join this professionShow More We offerAs an employee with Maersk GSC you will be part of a working environment as diverse as the APMM group. Maersk strongly encourages continuous learning at work and sharing of best practices by rewarding innovations. We aren t all about work, we believe in a holistic development of our employees and so regularly organize recreational activities giving our employees a chance to unwind and showcase their creative side. As an organization we strongly believe in a people-centric approach with emphasis on employee engagement and work-life balanceShow More Key responsibilitiesEnsure the payment execution as per agreed business SLA/frequency with utmost attention and accuracy. Ensure adherence to Payment Process Policies and Controls to avoid business and financial complications. Get the internal audit findings concluded with supporting documents and ensure no adverse reporting of any internal control. Work closely with Payments Control, Maersk Legal and Group Treasury on transactions related to Highly Sanctioned Countries [HSCs] to avoid legal consequences. Effective & timely communication with regional / functional teams to highlight issues / in-accuracies. Close coordination with IT Teams on payments files monitoring to avoid duplicate payments. Work with Treasury and Bank / Financial institutions to ensure adequate funds for disbursements to avoid overdraft and payment failures. Challenge the status quo, identify improvement opportunities related to process as well as systems Eliminate the deviation to standard process and ensure the Automated Payment Set-up with regression testing [UAT/Penny]. Liaise and follow up with technical teams [SAP and TRAX] on payment system issues and ensure timely closure to avoid financial and business impact. Collaborate across functionally to quickly resolve outstanding process issues and escalate to relevant teams / stakeholders wherever required. Continue to work on improvement & optimize working capital Cash Flow improvements [liquidity], predictability / Fund Estimations / Short Term Cash Forecasting [STF] and effective utilization of funds.June 2021 Page 2Classification: Internal Maintain the confidentiality of critical bank accesses and authentication process [Global Disbursements and Group Master Accounts]. Continuously work to take the process to the next level and explore innovative ideas to identify gaps in the process and ways to mitigate risk. Ensure the team engagement at best to maintain team temperature and high engagement score.Show More We are looking forSolid financial educational background as Chartered Accountant or MBA Finance or equivalent degree in Finance and Accounting and good understanding of payment process framework. Relevant exposure in Treasury or Banking / Financial Institutions End to End knowledge of the payment process [In House Cash-IHC knowledge would be an added advantage]. Minimum 8 - 10 years of experience within Payments; Cost controlling; preferably in a customer / vendor centric role where communication is the key. Financial acumen while dealing with payment issues; queries and identifying cost savings / working capital optimization opportunities. Proactive, Self-motivated, and continuously looks for opportunities to improve processes by exploring new approaches and ideas Excellent analytical and structured working method High competency in written and verbal English Adapts easily to a fast-changing environment and ability to handle phases with high workload and unplanned activities. Team player - works together with others to achieve results and fosters teamwork. Shipping/ Transportation industry experience would be an added advantage but not mandatory.Show More,

Keyskills :
cost savingsfinancial institutionsfinancial justificationregression testingoptimization strategiescash flowinternal auditworking environmentbusiness accountingworking capitalemployee engagement