Job Description
The Payments Officer is responsible for overseeing and monitoring payment transactions to ensure vendors are paid accurately and on time. This role involves handling high volumes of transactions, prioritizing urgent payments, and ensuring proper documentation and security of checks. The Payments Officer will also lead team members and regularly prepare and submit reports to the Payments Manager.
- Monitor and review high volumes of payment transactions in a timely and accurate manner.
- Ensure all payments comply with internal financial policies and external regulations.
- Ensure vendors are paid according to agreed payment terms and resolve any discrepancies promptly.
- Maintain accurate and organized payment records, ensuring all supporting documents are properly archived and accounted for.
- Collaborate with BU-AP and other department to streamline workflows and maintain service standards.