
Hiring For Financial Transactions
2 days ago
Job Summary:
We are seeking a highly skilled Financial Transaction Manager to join our organization.
Roles and Responsibilities:- Perform daily scrutiny of account payable invoices for accuracy and completeness, ensuring compliance with industry best practices.
- Process vendor payments in Oracle Fusion Financials, following established financial protocols.
- Conduct periodic vendor reconciliations and balance confirmations to maintain financial integrity and control.
- Lead and manage a team of processing staff, resolving issues in real-time and providing guidance on standard financial procedures.
- Review and account employee reimbursement invoices, ensuring adherence to organizational policies and guidelines.
- Regularly scrutinize vendor ledgers, weekly review vendor aging, and follow up on advances paid to ensure timely and accurate transactions.
- Follow up on overdue open purchase orders, coordinating with departments for quick closure and resolution.
- Periodically review security deposits, vendor advances, and employee advances, preparing reports as required by management.
- Coordinate with various departments to resolve queries raised during daily invoice scrutiny, fostering effective communication and teamwork.
- Prepare expenses analysis, periodic comparisons, and reviews of expenses to inform strategic decision-making.
- Schedule and release timely payments after review, protecting organizational value by maintaining confidentiality and adhering to financial regulations.
- Handle quarterly and yearly audits from the account payable side, requiring adequate taxation knowledge to process AP invoices and ensure compliance.
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Financial Transaction Specialist
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