Payment Coordinator

Location

Delhi | India

Job description

Job Title: Payment Coordinator

Location: Delhi

About Employer: An MNC in the Renewable sector

Responsibilities:

Manage the Contract Data; prepare the database for Contracts along with payment terms for respective projects.

Prepare billing breakdowns and trackers for respective contracts.

Develop invoicing procedures and checklists to ensure supplier/contractor invoicing compliance.

Review invoices along with supporting documents visavis contract terms before processing.

Ensure all checklists and supporting documents are signed by relevant internal stakeholders.

Submit invoices along with supporting documents to the Accounts team for payment release.

Ensure timely payments are made as per contract terms and conditions.

Prepare payment reconciliation sheets to reconcile financial transactions.

Share and communicate payment tracker/data with internal stakeholders periodically.

Strengthen and grow relationships with vendors and suppliers through timely payments.

Assist in streamlining and improving the accounts payable process.

Exercise integrity and confidentiality in financial reporting.

Ensure compliance with national and local financial regulations.

Maintain meticulous records of outstanding payables.

Ensure the accuracy of the organization s financial documents for payment auditing and tax purposes.

Provide support during audits.

Process accounts and incoming payments in compliance with financial policies and procedures.

Skills and Competencies:

Relevant experience of 5 years in managing payments either as part of the Procurement or Accounts team. Background of Projectoriented infra business is preferred.

Attention to Detail Ability to meticulously review contracts invoices and financial documents.

Communication Strong interpersonal skills to coordinate with internal stakeholders and vendors.

ProblemSolving Aptitude for identifying and addressing discrepancies in invoicing and payment processes.

Adherence to compliance

Team Collaboration

Time Management

payments,compliance,invoicing,accounts payable,vendor management,contract management

Job tags

Salary