Payments Processor

About the Job
This role involves processing payments and managing expenses within specified timeframes to ensure accuracy and compliance with policies. As a Payment Processor based in Abu Dhabi, you will be accountable for various reconciliation tasks, query resolutions, and reporting functions to maintain the integrity of the accounts payable process.

Job Description
Role Purpose:

• Invoice Payment Error Rate: <1% of invoice volumes
• Expenses Booking Error Rate: <1% of invoice volumes
• Invoice Processing TAT: < 5 working days
• Query Response TAT: < 5 working days

Key Accountabilities of the Role:
Payment Processing:

• Process payments/staff expenses within the agreed SLA (5 working days)
• Ensure payments/expenses are processed accurately and correctly to the proper GLs and cost centers with correct GL coding
• Achieve 99% accuracy in payment processing
• Ensure all payments processed are suitably approved and comply with policy
• Clear all exceptions through SAP Arabia

Reconciliation and Control:

• Reconcile GL accounts under the ownership of FCD AP
• Perform reconciliation activities for control purposes
• Monitor and reconcile CWIP and cash advances/liquidations
• Conduct month-end closing activities including posting entries for prepaid & accrued general expenses and reconciling them with GL
• Post all journal vouchers with proper tracking and monitoring of expenses according to business details

Query Resolution:

• Respond to payment-related queries within the agreed TAT

Reporting:

• Prepare miscellaneous on-demand reports and analyses
• Perform other duties assigned by the Line Manager

Requirements:

• Accounting background
• Proficient in Excel

Location:
United Arab Emirates (Abu Dhabi)