Tech Mahindra Hiring For AP Payment Processing

Tech Mahindra Hiring for Accounts Payable - Payment Processing

Opportunity | Pune

Hi Team,

We have exciting openings for Accounts Payable - Payment Processing professionals.

Location: Pune (Hinjewadi)

Shift: Europe-based shifts

We need only immediate joiners.

Benefits:

• 2 days weekly off
• Two-way cab facility

Preferred Candidate Profile:

Candidates with hands-on experience in Payment Processing, Payment Runs, Payment Proposals, Vendor Payments, Debit/Credit Balance Management, and Treasury Coordination within Accounts Payable operations will be given preference.

Key Responsibilities - Payment Run & Treasury Coordination

• Execute end-to-end vendor payment processing through SAP.
• Create, validate, and execute payment proposals and payment runs while ensuring approval compliance.
• Review and resolve payment exceptions, including blocked payments, duplicate payments, bank rejections, and payment discrepancies.
• Manage vendor debit balances, account reconciliations, and payment-related controls.
• Collaborate with Treasury and Cash Management teams to ensure timely and accurate payment execution.
• Process urgent and manual payments in line with established approval matrices and internal controls.
• Monitor payment aging and ensure adherence to payment terms and compliance requirements.
• Support bank file generation, payment confirmations, and payment reconciliation activities.

Skills & Experience Required

• Minimum 2 years of Accounts Payable experience with strong exposure to payment processing and payment run activities.
• Hands-on experience with SAP FI Payment Program, payment proposal management, and vendor payment execution.
• Experience handling payment exceptions, debit balances, duplicate payments, and payment reconciliations.
• Good understanding of banking interfaces, treasury coordination, and payment control processes.
• Mandatory expertise in SAP FI with strong Accounts Payable domain knowledge.
• Exposure to Europe-region payments and knowledge of VAT compliance will be an added advantage.