Job Summary: The Disbursement Executive will be responsible for managing and executing all disbursementrelated activities. This includes processing payments, ensuring compliance with company policies, maintaining accurate records, and coordinating with internal and external stakeholders. The ideal candidate will have a strong understanding of financial procedures, excellent attention to detail, and the ability to work efficiently in a fast-paced environment.. Key Responsibilities. Payment Processing:. Process all types of disbursements in a timely and accurate manner.. Ensure proper authorization and documentation for all payments.. Coordinate with banks and financial institutions to execute payment transactions.. Record Keeping:. Maintain accurate records of all disbursements and payment transactions.. Reconcile disbursement accounts and resolve discrepancies promptly.. Prepare and maintain disbursement reports for management review.. Compliance and Audit:. Ensure all disbursement activities comply with company policies, financial regulations, and audit requirements.. Assist in the preparation for internal and external audits related to disbursement processes..
Coordination:. Liaise with vendors, suppliers, and other stakeholders to resolve payment-related issues.. Collaborate with internal departments such as procurement, HR, and accounts payable to ensure smooth disbursement operations.. Process Improvement:. Identify opportunities for process improvements in the disbursement function.. Implement best practices to enhance efficiency and reduce processing time.. Reporting:. Generate periodic disbursement reports and provide insights to management on payment trends, issues, and opportunities for cost savings..
Qualifications. Bachelors degree in Finance, Accounting, Business Administration, or a related field.. 2-3 years of experience in a similar role, preferably in a corporate or financial services environment.. Strong understanding of payment processing, accounting principles, and financial regulations.. Proficiency in accounting software and MS Office, especially Excel.. Excellent attention to detail and organizational skills.. Strong communication and interpersonal skills..
Preferred Skills. Knowledge of banking procedures and financial compliance regulations.. Ability to work under pressure and meet tight deadlines.. Working Conditions. This is a full-time position.. Standard office hours apply, but occasional overtime may be required depending on workload.. Show more Show less