The main purpose of this role is to manage all payments related to Beverage & Snacks are processed within agreed timelines as per SLA and timely support to process ad-hoc business critical urgent/out of batch payments requests.

All payments related to taxes and foreign payments (other than imports) including Dividends, Royalties are processed as per timelines and ensuring these payments are compliant with legal/banking requirements.

Overall Accounting books are updated capturing all transactions related to payments and taxes

Payment Processing

• Accurate and timely processing of payments for Beverages & Snacks (excluding Hattar Location)
• Ensure monthly payment batch calendar is prepared and circulated after alignment with all stakeholders and all payments are being made timely (including follow-up for payments authorizations from signatories to ensure timely processing)
• Providing a strong level of customer services to internal and external customers by providing payment related information required by them including liaison with consultants for tax withholding evidence
• Keep Board Resolutions updated for payment authorization and ensure periodical Online Banking Portal review for access authorization to keep it updated as per applicable board resolutions
• Streamlining the payment process by identifying the risks and mitigation by process improvement and Identify opportunities for process simplification and automation.
• Close coordination with banks on daily basis

Funds/Cash Management

• Daily review of Bank Balances with Asst. Tax & Treasury Manager to avoid Overdraft and feasibility for Short Term Investments
• Managing Petty Cash as per Company’s Petty Cash policy

Monthly Book Closure / Reporting

• Ensure timely recording of books capturing all transactions with accuracy related to payments processing, Investments, cash disbursement and interest income/Expenses (including account reconciliations on Blackline portal)
• Ensuring all data required by Third party tax consultants related to monthly/periodical submissions is provided on a timely basis.
• Supporting Tax & Treasury Manager in respect of reporting related to Tax and Treasury
• Support Tax & Treasury Manager in BSR reviews & OCF commentary
• Ensure reporting and compliance with guidelines from Sector & Corporate Treasury
• Manage administrative responsibility for blackline reporting

GCS & Governance:

• Support Process Owner(s) in driving GCS agenda, including timely completion of self-testing and all other GCS initiatives; ensure timely implementation of internal and corporate audit recommendations.
• Ensure compliance with local processes, PI policies and other guidelines
• Focal point for new & change in Bank Portal access

Knowledge:

• ACCA / CA finalist
• Proficient user of MS Office 
• Exposure to ERP / SAP

Experience:

• 3-4 years of experience with an FMCG company preferably treasury & reporting roles.

Competencies:

• Collaborating & Influencing
• Stakeholder management
• Strong Communication skills