Competence Center Payment Sr Associate

About the Role:

The purpose of the role is to guarantee the execution of the payments for the liabilities that are in the condition of being paid and the corresponding resolution of the payment rejections.

Role & responsibilities

• Perform the payment controls before the automatic payment proposals and run F-110 monitor after payment proposals and execution on a weekly basis the VMD quality macro to anticipate potential payment errors and address those errors with Business Oriented teams. Run F-110 monitor after payment proposals.
• Execute the manual payment proposal based on the requests received.
• Monitor and resolve the payment rejections and returns within the SLA and ensure daily and monthly reconciliation of the Circula to accomplish the month-end close deadlines. Perform Vendor Master Data account maintenance whenever an inconsistency is detected.
• Give support to stakeholders in relation to payment inquiries.
• Collaborate and participate in UAT testing for regression tests and FRC cycles if required.
• Analyze and clear the overdue open items within the threshold aligned for the category Compliant
• Coordinate with the business-oriented team focal points to review and act on error management, quality, and payment accuracy analysis with a view to improving the KPIs.
• Work with CM, Treasury, and the Legal entity to increase the payment frequency, automation of the process, and reduce manual efforts.

Preferred candidate profile

• Degree in business administration, accounting, or finance related.
• 3-5 years of experience in finance functions. Experience in tasks related to Treasury / payment execution is a plus.
• Strong analytical, problem-solving, and communication skills.