Accounts Payable Coordinator I

POSITION SUMMARY:

As Payments Specialist in our Financial Shared Services you will work under the direction of the Cash & Payments Manager and Cash & Payments Team Lead. You will be responsible for ensuring timely and accurate processing of payments within the business of EMEA region and respecting the internal compliance rules and other regulation within the domain. You are expected to contribute to the success of the team and its development.

JOB QUALIFICATIONS:

• Accurate processing of high value incoming payments and execution of outgoing payments
• Managing a high volume of transfer requests and processing with set timescales
• Using online payment systems to move money within strict deadlines and efficient allocation of funds to various supplier accounts.
• Prepare and process individual payment instructions.
• Review automatic payments to ensure correct coding and authorization as well as sufficient contracts and documentation.
• Develop and maintain a filing system for financial information records and documents to ensure easily available information
• Prepares and maintain audit work papers and account analysis on an ongoing basis and assists internal and external auditors with documentation requests.
• Manage the payment cycle including issuing payments and resolving exceptions using accepted payment methods while using the most cost-effective and efficient method
• Account for payment transactions including the maintenance of currency tables for currency conversion
• Participate actively in the upgrade and maintenance of the Oracle Financial this way Finance may keep abreast of currency business practices and technological changes regarding payments
• Assist with the co-ordination of ad-hoc treasury projects and ensure completion in line with pre-agreed deadlines
• Ensures that guidelines and policies around cash processes are adequate and effective and that such policies prevent significant errors in cash balance calculation
• Responsible with reporting any system issues and follow up a resolution with IT department.
• Promote cost-effective and efficient payment processes by educating and providing advice to internal clients
• Provide support to Finance as required to meet the departments objectives
• Liaison with internal banking and Corporate Treasury team;
• Liaisons with contacts at third party banks
  

JOB RESPONSIBILITIES:

• Bachelors/College Degree in Economics; Finance/Accountancy or equivalent is preferred.
• Preferably with experience using Oracle Cash Management module and online banking systems.
• With experience in FX trading Familiar with SOX requirements
• With exposure in fast paced multi-cultural environment
• With excellent communication skills
• Proficient in MS Office tools especially in Excel and PowerPoint
• Can work with least supervision

The successful candidate will embrace Vertivs Core Principals & Behaviors to help execute our Strategic Priorities.

OUR CORE PRINCIPALS: Safety. . Teamwork. Diversity & Inclusion.

OUR STRATEGIC PRIORITIES

• Customer Focus
• Operational Excellence
• High-Performance Culture
• Innovation
• Financial Strength

OUR BEHAVIORS

• Own It
• Act With Urgency
• Foster a Customer-First Mindset
• Think Big and Execute
• Lead by Example
• Drive Continuous Improvement
• Learn and Seek Out Development