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Accounts Payable Analyst

Accounts Payable Analyst

ConfidentialBengaluru / Bangalore, India
30+ days ago
Job description

This job is with Finastra, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Who are we

At Finastra, we are a dynamic global provider of open finance software solutions, dedicated to expanding access to financial services. Our innovative applications span Lending, Payments, Treasury and Capital Markets, and Universal Banking. Proudly serving over 8,000 customers, including 45 of the world's top 50 banks, we aim to boost financial inclusion for all. Join us and be part of a vibrant company that embraces diverse perspectives, and is committed to doing well by doing good.

What will you contribute

The Accounts Payable Payment Analyst will be responsible for ensuring accurate and timely processing of payments to vendors and employees. This role involves managing payment runs in NetSuite , initiating transactions through banking portals, and maintaining compliance with internal controls and regulatory requirements. The position supports the Finance team by safeguarding cash flow integrity and fostering strong vendor relationships.

Responsibilities & Deliverables

Your deliverables will include, but are not limited to, the following :

Payment Processing

  • Set up and execute vendor and employee payments in NetSuite and banking portals.
  • Ensure timely processing of scheduled payment runs and urgent payments.

Vendor & Employee Setup

  • Validate and maintain accurate vendor and employee banking details.
  • Ensure compliance with company policies and fraud prevention measures during setup.
  • Reconciliation & Reporting

  • Reconcile payment batches with bank statements and resolve discrepancies.
  • Prepare and maintain payment-related reports for internal stakeholders.
  • Compliance & Controls

  • Adhere to internal controls, SOX compliance, and audit requirements.
  • Monitor payment processes for accuracy and compliance with regulatory standards.
  • Issue Resolution

  • Investigate and resolve payment-related queries from vendors and employees.
  • Collaborate with procurement and finance teams to address discrepancies.
  • Required Experience

  • Bachelor's degree in Accounting, Finance, or related field.
  • 6-8 years of experience in Accounts Payable or Payment Processing.
  • Hands-on experience with NetSuite and banking portals.
  • Strong understanding of payment cycles, compliance, and internal controls.
  • Proficiency in MS Excel and financial reporting tools.
  • Benefits

    We are proud to offer a range of incentives to our employees worldwide. These benefits are available to everyone, regardless of grade, and reflect the values we uphold :

  • Flexibility : Enjoy unlimited vacation, based on your location and business priorities. Hybrid working arrangements, and inclusive policies such as paid time off for voting, bereavement, and sick leave.
  • Well-being : Access Confidential one-on-one therapy through our Employee Assistance Program, find support from our network of Wellbeing Champions and Gather Groups, and a calendar of monthly events and initiatives designed to help you thrive - Inside and Outside of work.
  • Medical, life & disability insurance, retirement plan, lifestyle and other benefits
  • ESG : Benefit from paid time off for volunteering and donation matching.
  • DEI : Participate in multiple DE&I groups for open involvement (e.g., Count Me In, Culture@Finastra, Proud@Finastra, Disabilities@Finastra, Women@Finastra).
  • Career Development : Access online learning and accredited courses through our Skills & Career Navigator tool.
  • Recognition : Be part of our global recognition program, Finastra Celebrates, and contribute to regular employee surveys to help shape Finastra and foster a culture where everyone is engaged and empowered to perform at their best.
  • Specific benefits may vary by location.
  • At Finastra, each individual is unique, bringing their own ideas, thoughts, cultural beliefs, backgrounds, and experiences together. We learn from one another, embrace and celebrate our differences, and create an environment where everyone feels safe to be themselves.

    Be unique, be exceptional, and help us make a difference at Finastra!

    Skills Required

    Ms Excel, Netsuite

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