Finance Officer, Payment Processing

3 days ago

Central Region, Singapore SBS Transit Limited Full time $80,000 - $120,000 per year

The Payment Processing Executive will be responsible for managing the end-to-end payment process to ensure timely, accurate, and compliant disbursement of payments to vendors, suppliers, and other stakeholders.

This role involves coordinating with internal departments, verifying documentation, preparing payment batches, and maintaining accurate financial records.

Join our welcoming team, where support and collaboration are at the heart of everything we do

Key Responsibilities:

  • Review and verify supporting documents for payment requests (invoices, purchase orders, delivery orders, etc.)
  • Process vendor, supplier, and service provider payments according to company policies and payment schedules
  • Ensure proper approvals are obtained before processing payments
  • Record payments accurately in the accounting system (SAP)
  • Handle advance payments, staff claims
  • Monitor payment due dates to avoid late charges or interest
  • Liaise with vendors and internal departments to resolve payment-related queries or discrepancies
  • Maintain proper filing of payment records for audit purposes
  • Assist in monthly cash flow reporting and payment forecasting
  • Assist in monthly closing activities including clearing of DDA and AP supplier's reconciliation
  • Assist in data cleansing for system migration
  • Assist in ad-hoc tasks assigned by direct supervisor

Requirements:

  • Diploma or Degree in Accounting/Finance or equivalent
  • Possess 1-3 years of relevant experience in Accounts Payable or Payment Processing
  • Good understanding of payment procedures, banking transactions, and basic accounting principles
  • Proficient in Microsoft Excel and accounting software (SAP, or equivalent)
  • Strong attention to details and accuracy
  • Ability to meet deadlines and work independently

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