Senior Executive / Executive - Payments and Payroll
- Mumbai, Maharashtra, India
Rave Technologies – A Northgate Public Services Company, is a software services company that works with small and medium sized organisations. We are a part of Northgate Public Services Company which is based in the UK.
Based in Mumbai, Rave Technologies’ end to end product/application engineering services help address challenges in the product or application development life cycle. These services include Requirement Analysis, Software Architecture, Design, Development, Testing and Maintenance with specialized services in Cloud/SaaS Migration, Usability Engineering, System Architecture and Design, and Independent Testing solutions.
Job Description :
· Ensure correct posting of transactions including bank transfers, deposits, etc.
· Perform payment run to check for outstanding payments
· Prepare payment schedule for the payments due
· Prepare payment batch file as per defined procedures of each country units and send for relevant approvals
· Verify payable information in the system & highlight any data discrepancy
· Create SAP entries for payment transactions as per Bank statement
· Responsible for documenting bounced and fraudulent payments and notifying the proper authorities as and when such documents are created
· Review the credit period for vendors through SAP data before preparing the payment batch
· Make the online payment and create entry in system
· Monitor execution of payment processes related to all standard & recurring payments
· Respond to queries in a timely and accurate manner
· Create data trackers for supporting monitoring activities
· Assist team leader in a timely and appropriate manner with regards to Payments and payroll activities
· Timeliness: Completion of payments and payroll activities as per defined Turn Around Time
Accuracy: Ensure 100% accuracy rate in day-to-day activities to ensure Service Level Agreement’s are met