Payment Specialist

Job Role: Payment SME / Specialist

Skill: Accounts Payable

Experience: 5–8 years

Location: TCS Kolkata

Shift: Aus/NZ

Education:

• Minimum 15 years of regular, full-time education (10 + 2 + 3)

• Non-technical graduation in finance & accounts stream- B.Com, M.Com or similar

Must Have:

• 5–6 years of total professional experience with 2–3 years in Accounts Payable payment processing

• Strong hands-on experience with SAP and Oracle ERP systems

• Sound knowledge of Accounts Payable, Procure-to-Pay (P2P), and payment lifecycle

• Experience working with bank portals and payment interfaces

• Proficient in MS Excel and MS Office applications

• Strong analytical, communication, and problem-solving skills

Good to Have:

• Experience in shared services or global finance environments

• Knowledge of audit processes, compliance, and SOX controls

• Exposure to system migrations or payment automation initiatives

Job Summary:

The Payment SME – Accounts Payable is responsible for managing end-to-end payment processing activities, ensuring accurate, timely, and compliant payments to vendors and other stakeholders. The role requires strong hands-on experience with SAP and Oracle ERP systems, payment runs, reconciliations, and coordination with internal teams and banks.

Key Responsibilities:

• Payment Processing

• Execute end-to-end payment runs for vendor, employee, and intercompany payments

• Validate payment proposals, invoice details, approvals, and payment terms before release

• Process payments via bank transfers, ACH, checks, and wire payments

• ERP & System Management

• Perform payment processing activities in SAP and Oracle Accounts Payable modules

• Generate and transmit payment files and resolve system or interface errors

• Coordinate with IT and banking partners for payment-related system issues

• Reconciliation & Controls

• Perform bank and payment reconciliations and resolve discrepancies

• Investigate and resolve rejected, duplicate, or failed payments

• Ensure compliance with internal controls, SOX requirements, and audit guidelines

• Vendor & Stakeholder Coordination

• Respond to vendor and internal queries related to payment status and issues

• Coordinate with AP, Treasury, Procurement, and Finance teams for issue resolution

• Maintain accurate documentation of payment transactions and approvals

• Close Activities & Process Improvement

• Support month-end and year-end close activities related to payment processing

• Identify opportunities for process improvement and payment automation