Payments and Receipts Processing Specialist
3 weeks ago
Payments and Receipts Processing SpecialistLocation:
Dubai, United Arab EmiratesJob Description
Payments Processing:Handle the end-to-end processing of payments, including vendor payments, refunds, and interbank transfers.Verify transaction details, ensure compliance with policies, and troubleshoot payment issues.Reconcile payment data and resolve discrepancies in a timely manner.Receipts Processing:Accurately record incoming payments, including checks, online transfers, and cash deposits.Ensure timely allocation of receipts to respective accounts and customers.Collaborate with clients and internal teams to address any receipt-related queries.Perform daily, weekly, and monthly reconciliations of payment and receipt transactions.Maintain accurate records and support the preparation of financial reports.Compliance and Documentation:Ensure adherence to financial regulations and company policies during payment and receipt processing.Maintain proper documentation for all transactions for auditing and reporting purposes.Collaboration and Support:Work closely with finance, accounting, and operations teams to streamline payment workflows.Provide support during audits and assist in resolving financial discrepancies.Desired Candidate Profile
Bachelor's degree in Finance, Accounting, Business Administration, or related field.3 plus years of experience in payments and receipts processing or a similar role.Strong knowledge of financial systems and payment platforms (e.g., SAP, Oracle, or equivalent).Excellent analytical and problem-solving skills.Proficiency in MS Excel and financial reconciliation tools.Strong attention to detail and ability to work under pressure.Effective communication and interpersonal skills.Experience in banking and corporate finance.Familiarity with international payment systems (e.g., SWIFT, ACH).Knowledge of regulatory compliance for financial transactions.Employment Type:
Full TimeCompany Industry:
Banking, BrokingDepartment / Functional Area:
IT SoftwareKeywords
Payments SpecialistCash Management AssociateTransaction ProcessingPayment Operations SpecialistCash Flow ManagementPayment Processing AssociateAccounts ReceivableDisclaimer:
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