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93 SBI Cards & Payment Services Jobs

Senior Executive - Invoice Scrutiny & SLA Management

1-4 years

Gurgaon / Gurugram

1 vacancy

Senior Executive - Invoice Scrutiny & SLA Management

SBI Cards & Payment Services

posted 4hr ago

Job Description

About the company
SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto Make Life Simple inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.
SBI Card is proud to be an equal opportunity inclusive employer and welcome employees without any discrimination on the grounds of race, colour, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.
Join us to shape the future of digital payment in India and unlock your full potential.
What s in it for YOU
  1. SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees
  2. Admirable work deserves to be rewarded. We have a well curated bouquet of rewards and recognition program for the employees
  3. Dynamic, Inclusive and Diverse team culture
  4. Gender Neutral Policy
  5. Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits
  6. Commitment to the overall development of an employee through comprehensive learning development framework
Role Purpose
Management of Invoice scrutiny of all Vendor invoices and SLA Monitoring.
Role Accountability
  1. Manage scrutiny of 800+ Invoices with ~7000K supporting with each cost component and verify authenticity, appropriate approvals and supporting
  2. Monitor all SLAs related to Billing, Cost Process and payout
  3. Ensure partners adhere to processes, highlight GAPS if any and take corrective action to plug the gap
  4. Assist in preparing Cost Tracker and resolve any queries related to cost discrepancy
  5. Manage detailed scrutinizing of invoices with proper validation with SLA before Payout
  6. Ensure all Salary payouts are compliant for around 30k+ NFTEs with Minimum Wages Act, the Net Take Home salary in FORCE 24 and other statutory requirements
  7. Initiate and follow up on recovery of financial leakage if any and SLA related penalty
  8. Ensure recovery from PSA if the status of an associate is notice recovery in case of FF
  9. Cross check incentives claimed by PSA in invoice with Incentive file prepared by BAM Team
  10. Maintain monthly assets tracker for verifying the Depreciation cost and disposing the unuseful assets if any
  11. Ensure BCG payment audit on every invoice and payment made as per the approvals
  12. EnsureTimely completion of e-kyc checker approval process
  13. Perform periodic tracking of credit notes for submission in a timely manner to avoid any delay
  14. Ensure new policy adherence for infra variable expense wherein internal matrix are in place for approval / scrutiny of expenses
  15. Handle internal and External audit requests and queries
Measures of Success
  1. Invoice Scrutiny Accuracy
  2. Timely accurate SLA monitoring
  3. Timely accurate publication of business/MIS dashboards
  4. Validation of invoices within TAT
  5. Recoveries from Vendor within the prescribed timeline
  6. Process adherence as per MOU
Technical Skills / Experience / Certifications
  1. Knowledge of cost accounting reconciliation
  2. Knowledge of analytics tools and forecasting techniques
Competencies critical to the role
  1. Process Orientation
  2. Stakeholder Management
  3. Analytical Ability
  4. Detail Orientation
Qualification
CMA, ICWA, MBA Finance, Post graduate in Commerce
Preferred Industry
Financial Services (preferably Credit Cards)

Employment Type: Full Time, Permanent

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SBI Cards & Payment Services Interview Questions & Tips

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What people at SBI Cards & Payment Services are saying

4.0
 Rating based on 157 Senior Executive reviews

Likes

there's nothing to like

Dislikes

overall culture and extreme favouritism, low salary benchmarks and no skills growth opportunities.

  • Salary - Bad
  • +5 more
Read 157 Senior Executive reviews

Senior Executive salary at SBI Cards & Payment Services

reported by 941 employees with 2-11 years exp.
₹1.9 L/yr - ₹7 L/yr
13% less than the average Senior Executive Salary in India
View more details

What SBI Cards & Payment Services employees are saying about work life

based on 4.1k employees
54%
54%
47%
98%
Strict timing
Monday to Saturday
Within city
Day Shift
View more insights

SBI Cards & Payment Services Benefits

Job Training
Health Insurance
Soft Skill Training
Team Outings
Cafeteria
Work From Home +6 more
View more benefits

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