Sr. Associate- Payment Processing

2 months ago

Guangzhou, China NielsenIQ Full time

Job Description

Position Summary:

The Payment Processing Senior Analyst at NIQ is a crucial role within the Finance Operations team, focusing on the Accounts Payable Service Delivery. As a senior member of the team, you are responsible for leading and executing the day-to-day operations of the accounts payable payment processing functions. This role ensures that all payment activities are carried out with accuracy, efficiency, and compliance with all company policies and procedures. The ideal candidate will demonstrate strong leadership capabilities and an in-depth understanding of payment processing systems and practices.

Key Responsibilities:

Payment Execution: Lead the execution of payment transactions, including check runs, ACH transfers, and wire transfers, ensuring all payments are processed accurately and on time. Manage electronic and manual payment systems and resolve any payment issues. Process Improvement: Identify and implement process improvements to increase the efficiency and accuracy of the payment processing system. Collaborate with IT and finance teams to enhance payment platforms and tools. Identify opportunities for process improvement, efficiency gains, and implement best practices and automation solutions. Compliance and Controls: Ensure strict adherence to internal controls and compliance with all financial policies and procedures related to payment processing. Conduct regular audits to ensure compliance and accuracy. Ensure compliance with company policies and local and international regulations. Vendor Management: Maintain strong relationships with vendors and internal stakeholders. Handle escalated vendor inquiries and disputes regarding payment issues. Collaborate with procurement and vendor management teams to streamline payment processes and resolve discrepancies. Reporting and Analysis: Generate and analyze payment reports to monitor trends, performance, and areas for improvement. Provide insights and recommendations to senior management. Generate regular reports and metrics to track payment activities. Team Leadership: Provide guidance and mentorship to junior team members. Oversee training and development to ensure a high-performing team. Manage to SLAs and meet KPIs. Month End Procedures: Ensure successful month-end closes in the SAP environment for P2P, perform month-end closing activities including expense accruals, journal entries, and reconciliation of payables-related general ledger accounts. Assist in preparing monthly, quarterly, and annual schedules and reporting packages. Proven technical knowledge of SAP with a track record of test scrip development, performing and managing a UAT process, migration and implementation.

Qualifications

Qualifications and Skills

Bachelor’s degree in Finance, Accounting, Business Administration, or related field. Certification such as CPA or CMA is a must. Minimum of 5 years of experience in payment processing or accounts payable, with at least 2 years in a supervisory or senior role. Technical Proficiency: Advanced proficiency in payment processing software, ERP systems, and Microsoft Office Suite, particularly Excel. Analytical Skills: Strong analytical abilities to interpret financial data and manage financial records. Leadership Skills: Proven leadership and team management skills with the ability to train, mentor, and motivate team members. Communication Skills: Excellent communication and interpersonal skills, capable of managing relationships with internal and external stakeholders. Problem-Solving Abilities: Strong problem-solving skills, with the ability to handle complex issues related to payment processing.

Additional Information

/LP

Our Benefits

Flexible working environment Volunteer time off LinkedIn Learning Employee-Assistance-Program (EAP)

About NIQ

NIQ is the world’s leading consumer intelligence company, delivering the most complete understanding of consumer buying behavior and revealing new pathways to growth. In 2023, NIQ combined with GfK, bringing together the two industry leaders with unparalleled global reach. With a holistic retail read and the most comprehensive consumer insights—delivered with advanced analytics through state-of-the-art platforms—NIQ delivers the Full View. NIQ is an Advent International portfolio company with operations in 100+ markets, covering more than 90% of the world’s population.

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Our commitment to Diversity, Equity, and Inclusion

NIQ is committed to reflecting the diversity of the clients, communities, and markets we measure within our own workforce. We exist to count everyone and are on a mission to systematically embed inclusion and diversity into all aspects of our workforce, measurement, and products. We enthusiastically invite candidates who share that mission to join us. We are proud to be an Equal Opportunity/Affirmative Action-Employer, making decisions without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability status, age, marital status, protected veteran status or any other protected class. Our global non-discrimination policy covers these protected classes in every market in which we do business worldwide. Learn more about how we are driving diversity and inclusion in everything we do by visiting the NIQ News Center: 

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