Executive/Senior Executive - Accounts Payable (Payments)

IndiGo is seeking a detail-oriented and proactive Executive / Senior Executive to join our Payments Team. You'll be responsible for managing domestic and international payment processes, ensuring accuracy, compliance, and timely execution. This role requires strong coordination with banking partners and internal stakeholders, along with proficiency in SAP and advanced Excel.

Responsibilities

• Execute and monitor domestic and international payments for goods purchases and services in a timely and accurate manner.
• Ensure all compliances and timely payments in different currencies across the globe.
• Coordinate with banks for payment processing, issue resolution, and documentation.
• Maintain and reconcile payment records in SAP.
• Ensure compliance with internal controls and regulatory requirements.
• Confirm all payments are released as per payment terms.
• Understand the requirements as per RBI (Reserve Bank of India) and FEMA (Foreign Exchange Management Act) for cross-border transfers of funds for goods and services.
• Prepare and analyze payment reports using advanced Excel functions.
• Collaborate with internal departments (e.g., procurement, finance, treasury) to ensure smooth payment operations.
• Support audits and provide necessary documentation related to payments.
• Ensure all Internal Financial Controls are adhered to on a timely basis with no exceptions.
• Responsible for strengthening and automating the processes under your area of responsibility.
• Effectively deal with business users across locations and functions.

Skills

• Proficiency in SAP for payment processing and reporting.
• Strong command of Advanced Excel, PowerPoint, and other MS Office tools.
• Experience in bank coordination and handling payment queries.
• Good communication and interpersonal skills.
• Ability to work independently and manage multiple priorities.
• Strong understanding of RBI and FEMA regulations for international payments.
• Detail-oriented with a focus on accuracy and compliance.

Qualifications

• B.Com/BBA, MBA, or equivalent.
• 3 - 6 years of experience in payments or finance operations.