Payment Officer
Job summary
The Payment Officer is responsible for processing and managing the company’s payments accurately and efficiently. The role involves verifying payment requests and supporting documents, processing approved payments, maintaining accurate payment records, reconciling transactions.
Job descriptions & requirements
Responsibilities:
- Process approved payment requests and ensure timely payments
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Review invoices, payment requests, and supporting documents for accuracy and completeness
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Verify payment details before processing transactions
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Maintain accurate records of all payments and supporting documentation
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Prepare payment schedules and payment instructions
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Liaise with vendors, suppliers, banks, and internal departments regarding payment-related matters
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Monitor outstanding payments and follow up on pending approvals
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Reconcile payment transactions with bank and accounting records
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Identify and resolve payment discrepancies or errors
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Ensure all payments comply with company policies and approval procedures
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Assist with monthly financial reporting and payment reconciliations
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Maintain proper filing and documentation of payment records
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Protect confidential financial and payment information
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Support the Finance team with other payment and administrative activities as required.
Requirements:
- Minimum qualification of a BSC
- 3 years of previous experience in a similar role
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