Payments Associate

2 weeks ago


remote, India Marlin Selection Full time

We are seeking a diligent and experienced Payments Associate to join our finance team. The ideal candidate will have at least 3 years of experience in payment processing and financial transaction monitoring. This role involves monitoring bank accounts, executing payment transactions, following up with banks on incoming and outgoing transactions, and managing supporting documentation for payments. The Payments Associate will play a critical role in ensuring the smooth and efficient handling of financial operations.

Key Responsibilities:

Bank Account Monitoring:

Regularly monitor and reconcile company bank accounts to ensure accuracy and track financial positions.Identify and resolve discrepancies in account balances.

Payment Execution:

Process and execute payment transactions accurately and on time.Verify payment requests and ensure compliance with internal policies and procedures.Maintain records of all executed transactions for audit and reporting purposes.

Transaction Follow-up:

Follow up with banks and financial institutions regarding incoming and outgoing transactions.Resolve any issues or delays related to payment processing with the bank.

Documentation Management:

Collect and provide necessary supporting documentation for all payment transactions.Ensure all documentation is complete, accurate, and complies with regulatory requirements.

Financial Reporting:

Assist in preparing regular financial reports and summaries related to payment activities.Provide data and insights to support financial planning and decision-making.

Compliance and Security:

Ensure all payment processes comply with regulatory standards and internal controls.Maintain confidentiality and security of financial information.

Qualifications:

Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. Minimum of 3 years of experience in payment processing, banking, or financial operations. Strong understanding of banking processes and payment systems. Excellent attention to detail and accuracy in financial transactions. Strong communication and interpersonal skills. Proficiency in financial software and Microsoft Office Suite, particularly Excel. Ability to work independently and remotely, managing time effectively.

Preferred Skills:

Experience working in a remote setup. Familiarity with international payment processing and foreign exchange transactions. Knowledge of regulatory requirements related to payments and banking in India. Certification in finance or accounting (e.g., CPA, CFA) is a plus.

Benefits:

Competitive salary and performance-based bonuses. Comprehensive health and insurance plans. Opportunities for professional growth and development. Flexible working hours and remote work environment. Supportive and dynamic work culture.
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