Payments And Receipts Processing Specialist

Job description / Role

No. of resource

01

Availability

Immediate

Location

Abu Dhabi

Industry

Finance

Job summary

We are seeking a detail-oriented and experienced professional to join our team as a payments and receipts processing specialist. The ideal candidate will be responsible for managing and optimizing payment and receipt processes, ensuring accuracy, compliance, and efficiency.

Key responsibilities

Payments processing

• Handle the end-to-end processing of payments, including vendor payments, refunds, and interbank transfers.
• Verify transaction details, ensure compliance with policies, and troubleshoot payment issues.
• Reconcile payment data and resolve discrepancies in a timely manner.

Receipts processing

• Accurately record incoming payments, including checks, online transfers, and cash deposits.
• Ensure timely allocation of receipts to respective accounts and customers.
• Collaborate with clients and internal teams to address any receipt-related queries.

Reconciliation

• Perform daily, weekly, and monthly reconciliations of payment and receipt transactions.
• Maintain accurate records and support the preparation of financial reports.

Compliance and documentation

• Ensure adherence to financial regulations and company policies during payment and receipt processing.
• Maintain proper documentation for all transactions for auditing and reporting purposes.

Collaboration and support

• Work closely with finance, accounting, and operations teams to streamline payment workflows.
• Provide support during audits and assist in resolving financial discrepancies.

Qualifications and skills

• Education: Bachelor's degree in finance, accounting, business administration, or related field.

Experience

• 2 plus years of experience in payments and receipts processing or a similar role.
• Strong knowledge of financial systems and payment platforms (e.g., SAP, Oracle, or equivalent).

• Excellent analytical and problem-solving skills.
• Proficiency in MS Excel and financial reconciliation tools.
• Strong attention to detail and ability to work under pressure.
• Effective communication and interpersonal skills.

Preferred qualifications

• Experience in banking and corporate finance.
• Familiarity with international payment systems (e.g., SWIFT, ACH).
• Knowledge of regulatory compliance for financial transactions.

About the Company

Staff Connect is the rapidly developing best IT outsourcing company in UAE. We offer to our respective clients the best possible service like sourcing services for permanent, temporary, and agreement-based recruitment. Since commencing conductions, the entities have seen fast development achieved solely through firm business rapports and deliver reliable and meaningful services to our clients.