Payments(M0M1)

About Us

Capco a Wipro company is a global technology and management consulting firm. Awarded with Consultancy of the year in the BritishBank Award and has been ranked Top 100 Best Companies for Women in India 2022 by Avtar & Seramount. With our presence across 32 cities across globe we support 100 clients acrossbanking financial and Energy sectors. We are recognized for our deep transformation execution and delivery.

WHY JOIN CAPCO

You will work on engaging projects with the largest international and local banks insurance companies payment service providers and other key players in the industry. The projects that will transform the financial services industry.

MAKE AN IMPACT

Innovative thinking delivery excellence and thought leadership to help our clients transform their business. Together with our clients and industry partners we deliver disruptive work that is changing energy and financial services.

#BEYOURSELFATWORK

Capco has a tolerant open culture that values diversity inclusivity and creativity.

CAREER ADVANCEMENT

With no forced hierarchy at Capco everyone has the opportunity to grow as we grow taking their career into their own hands.

DIVERSITY & INCLUSION

We believe that diversity of people and perspective gives us a competitive advantage.

Cash Applications

Grade: M0-Administrator I

Shift: Rotational 7:00 PM to 4:00 AM (US Shift) & 12:30 PM to 9:30 PM (UK Shift)

Location: Bangalore EC Office

Qualification: Commerce Graduate or Postgraduate

Experience: Minimum of 1 year of experience

Notice Period: Up to 30 days

Work from Office Requirement: Hybrid mode subject to changes based on Human Resources policies

• Role Summary:
  We are seeking a candidate with extensive functional knowledge of domestic and international fund transfers to join our finance team in Bangalore. The ideal candidate will have hands-on experience with variety of payment methods including SWIFT SEPA and Wire transfers. A strong understanding of global banking operations compliance standards and cross-border transaction processing is essential to success in this role.
  
  JD: Key Responsibilities
  Verify payment approvals and ensure adherence to SOX and internal controls
  Review out of cycle payment requests and verify the creation of a liability in the ERP system before the payment is executed
  Input of payment transfers in local currencies using various payment methods onto the banking portal.
  Submitting and communicating payments for approval with the relevant stakeholders and verify the payment has been executed.
  Possess knowledge of various payment types including SWIFT SEPA and Wire
  Ensure the bank file is updated with the correct General Ledger accounts.
  Regularly reconcile bank statements with recorded transactions.
  Upload the XML files into or appropriate banking portals.
  Review returned/rejected payments and re-enter as required.
  Engage with stakeholders to address inquiries regarding payment requests.
  Coordinate with the bank and local finance to resolve any issues related to on hold payments.
  Prepare various ad hoc reports based on requests from different departments.
  Ensure adherence to company policies SOX compliance and regulatory requirements
  Engage with auditors during SOX internal and external statutory audits.
  Adhere to timelines and service level agreements (SLAs).
  
  Skills:
  
  Advanced MS Excel skills
  Good understanding of banking procedures and financial controls
  Strong communication and interpretation skills
  Contribution to continuous process improvements
  Ability to work well in a team and learn quickly
  Comfortable working in a fast-paced environment
  Strong problem-solving and analytical skills
  Well-organized and able to meet tight deadlines
  Ability to prioritize work and multi-task effectively
  Experience with PeopleSoft or other major ERP is an added advantage
  
  #US SHIFT - Night SHIFT
  #UK SHIFT - Hybrid