Head of Payment Operations and Record Management

3 weeks ago


Mumbai, Maharashtra, India Riverforest Connections Private Limited Full time

Job Title: Head of Payment Operations and Record Management

Job Summary:

We are seeking a highly skilled and experienced professional to lead our Payment Operations and Record Management team. The successful candidate will be responsible for overseeing the entire payment processing lifecycle, ensuring error-free and timely processing of requests, and maintaining compliance with tax laws and regulations.

Key Responsibilities:

  • Oversee the payment processing lifecycle, ensuring error-free and timely processing of requests.
  • Maintain compliance with tax laws and regulations, including GST and TDS.
  • Ensure timely payment of lease rents for the entire bank, including overseas offices.
  • Support the finance team for balance sheet-related accounting.
  • Provide MIS and analysis for senior management to help take crucial financial decisions.
  • Advise and query resolution on TDS/ST to units.
  • Ensure overall GST compliance for payments done by Payment Operations.
  • Re vamp VBMS along with the IT unit.
  • Lead the projects on Record Management.
  • Monitor timelines for projects logged with IT/BTG.
  • Conduct regular meetings with IT/BTG to discuss progress on enhancements and product issues.
  • Ensure timely submission of concept notes and detailed requirement documents.
  • Ensure proper testing conducted for enhancements before porting to live.

Requirements:

  • CA with exposure to banking operations and specific to TAX and accounting of Bank expenses.
  • Banking product and process knowledge.
  • NRI product and regulatory knowledge.
  • Planning and organizing skills.
  • Communication skills.
  • Knowledge of competition and current trends in the financial industry.
  • Project handling experience.
  • Minimum 12-15 years of experience in banking, preferably with exposure to payment operations and record management.

What We Offer:

We offer a competitive salary, excellent benefits, and opportunities for growth and development. If you are a motivated and experienced professional looking for a new challenge, please submit your application.



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