Key Responsibilities
- Oversee and ensure timely processing of payments to international vendors.
- Prepare accurate and timely payment files for weekly payment runs.
- Manage international payment processes including ACH, Wire Transfers, EFT, BACS, F110, and manual payments.
- Coordinate with banking partners to support cross-border transactions.
- Handle daily urgent and same-day payment requests efficiently.
- Manage intercompany loan settlements and interest payments, coordinate with the Treasury team for fund movements and reconciliations.
- Respond to and resolve vendor inquiries related to payment status, discrepancies, and remittance details.
- Act as the primary point of contact for international finance teams and vendors for payment-related queries.
- Collaborate with the analytics team to identify automation opportunities for payment files to improve efficiency and accuracy.
- Prepare and maintain regular reports on payment status, outstanding invoices, and cash flow related to international sites.
- Support month-end and year-end closing activities, ensuring accurate accounting and reporting of international payments.
Competencies & Skills
- Experience handling vendor payments in a mid to large-sized organization.
- Strong analytical skills with the ability to review, diagnose, and resolve vendor ledger issues.
- Sound knowledge of accounting principles and best practices.
- In-depth understanding of international payment processes and foreign exchange operations (ACH, Wire Transfers, BACS, F110).
- Excellent verbal and written communication skills.
- Ability to work under pressure and meet tight deadlines in a fast-paced environment.
- Strong problem-solving skills with proven experience handling Payment disputes (if any).
- Working knowledge of SAP is an added advantage.
Work Schedule & Location
- Work Mode: Work from Mumbai office
- Shift Timing: 1:00 PM – 10:00 PM
Qualifications
Qualification and Experience:
- B.Com + MBA or CA/CWA with 2-3 years’ experience in Payments/Accounts Payable
About Us
In the three decades of its existence, Piramal Group has pursued a twin strategy of both organic and inorganic growth.Driven by its core values, Piramal Group steadfastly pursues inclusive growth, while adhering to ethical and values-driven practices.
Equal employment opportunity
Piramal Group is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, ethnicity, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, genetics, or other applicable legally protected characteristics.We base our employment decisions on merit considering qualifications, skills, performance, and achievements. We endeavor to ensure that all applicants and employees receive equal opportunity in personnel matters, including recruitment, selection, training, placement, promotion, demotion, compensation and benefits, transfers, terminations, and working conditions, including reasonable accommodation for qualified individuals with disabilities as well as individuals with needs related to their religious observance or practice.
About The Team
Piramal Pharma Limited (PPL) offers a portfolio of differentiated products and services through end-to-end manufacturing capabilities across 15 global facilities and a global distribution network in over 100 countries. PPL includes Piramal Pharma Solutions (PPS), an integrated Contract Development and Manufacturing Organization; Piramal Critical Care (PCC), a Complex Hospital Generics business, and the India Consumer Healthcare business selling over-the-counter products.PPS offers end-to-end development and manufacturing solutions through a globally integrated network of facilities across the drug life cycle to innovators and generic companies. PCC’s complex hospital product portfolio includes inhalation anaesthetics, intrathecal therapies for spasticity and pain management, injectable pain and anaesthetics, injectable anti-infectives, and other therapies. The Indian Consumer Healthcare business is among the leading players in India in the self-care space, with established brands in the Indian consumer healthcare market. In addition, PPL has a joint venture with Allergan, a leader in ophthalmology in the Indian formulations market. In October 2020, the company received a growth equity investment from the Carlyle Group.