Senior Processing Associate
Tata Consultancy Services
Total years of experience :9 years, 10 Months
Al Rajhi Bank
Senior Payments Operations Officer
Reviewing and authorizing foreign/local outgoing and incoming payments
• Reviewing and authorizing direct debits, Vendor payments and government payrolls.
• Reconciling the banks interbank and suspense accounts transactions
• Tracking and responding to payments related email queries
• Assisting in the reconciliation of VOSTRO/NOSTRO accounts
• Tracking of MT202 and following up with the respective banks to resolve any related issues.
• Preparation of Manual SWIFT MT103 as necessary
• Working with the respective branch managers and the operation managers to acquire the debit authority from the clients for returning the payments as per the cancellation request received from other banks.
• Analyzing, investigating and responding by MT199 SWIFTS to payments enquiries from foreign and local banks
• Researching and working with IT on implementing automation of bank processes
• Monitoring and reviewing the banks payments operations ERP applications and raising the defect to IT and suggesting changes necessary for the smooth flow of the business.
• Analyzing, Investigating and processing the issues to solve the queries from the bank’s private clients and escalating where higher management involvement is necessarily required.
• Reporting to the TL and Supervisor on daily concerns
• Tracking and monitoring the team if the work is being carried out as per the proper compliance, policies and regulatory requirements.
• Assessing and identifying any possible risks associated with the process and implementing necessary safeguards required to reduce the risk to an acceptable level
• Perform quality checks on a sample of transactions daily
• Providing necessary trainings to the junior associates as a measure to reduce the risks
• Attending ethics and security based trainings on regular intervals
• Submission of daily report to the Supervisor
Posts customer payments by recording cash, checks, and bank transfer transactions.
- Updates receivables by totaling unpaid invoices.
- Maintains records by microfilming invoices, debits, and credits.
- Verifies validity of account discrepancies by obtaining and investigating information from sales, trade
promotions, customer service departments, and from customers;
- Resolves valid or authorized deductions by entering adjusting entries.
- Resolves invalid or unauthorized deductions by following pending deductions procedures.
- Resolves collections by examining customer payment plans, payment history, credit line; coordinating
contact with collections department.
- Summarizes receivables by maintaining invoice accounts; coordinating monthly transfer to accounts
receivable account; verifying totals; preparing report.
- Protects organization's value by keeping information confidential.
- Reconciles processed work by verifying entries and comparing system reports to balances.
- Charges expenses to accounts and cost centers by analyzing invoice/expense reports; recording
entries.
- Pays vendors by monitoring discount opportunities; scheduling and preparing checks; resolving
purchase order, contract, invoice, or payment discrepancies and documentation; ensuring credit note
is received for outstanding memos; issuing stop-payments or purchase order amendments.
- Pays employees by receiving and verifying expense reports and requests for advances; preparing
checks.
- Maintains accounting ledgers by verifying and posting account transactions.
- Verifies vendor accounts by reconciling monthly statements and related transactions.
- Disburses petty cash by recording entry; verifying documentation.
- Assist in preparing quarterly VAT
Serve the customers by collecting their payments at the till for their purchases
• Receive the deliveries from the supplier by marking and verifying the products as per the invoice
• Making payment to the suppliers as per their credit terms
• Reconciling purchase invoices against the payments made from suppliers
• Reconciling sales receipts against the cash and card payments received from customers.
• Balancing the till at the end of the day.
• Arranging the shop and display of products.
✓ To assist the manager in the full spectrum of human resource
management and related functions.
✓ Ensure company's human resources are used efficiently and effectively.
✓ Provide support for manpower planning, recruitment and selection process.
✓ Assist in the identification and analyses of staff training,
development and career support needs.
✓ Conduct new hire survey and exit interview to improve existing
welfare.
✓ Performance appraisal or evaluation of employee.
✓ Oversee employees' disciplines and their compliance with company rules and policies.
✓ Develop and recommend plans and activities to improve on the current HR system and process development.
✓ Managing repair, maintenance & replacement of office equipments, appliances, furniture, furnishings, vehicles, building, etc.
✓ Upkeep of office administrative facilities and ensure availability of daily miscellaneous requirements to provide harmonious work culture to employees.
✓ Looking after day to day office activities, record attendance and checking attendance register.
✓ Preparing offer/appointment and various other letters and issue them to employees.
✓ Studying performance of the employees and motivate them.
✓ Managing Housekeeping staff & Supplies.
✓ Preparing purchases for offices and approvals.
Chartered Accounting Accountant in Business Management Accounting Financial Accounting Corprate and Business Law Perfomance management Taxation (United Kingdom) Financial Reporting
Management Accounting, Financial Accounting and Accountant in Business
.. ➢ GRADUATION: BBA - Bachelor of Business Administration Periyar Institute of Distance Education - Periyar University
➢ MCITP: Microsoft Certified IT Professional - MCITP (Domain Controller, DNS, DHCP, Active Directory, Web Server) G-Tec Computer Education Kerala, India
International Indian School, Riyadh, Saudi Arabia Passed Out In 2009 With 80%