Job Title

Finance Analyst - Payment Solutions

Business

External Reporting, Tax & Systems

Job Purpose

The job holder Under the supervision of Controller performs highly Professional accounting task within the area of assignment. The job holder is responsible to handle the various payment solutions activities with external acquirers and internal stakeholders along with the relevant financial accounting, reporting, governance and systems role of an individual company or a group of companies in line with the policies and procedures as agreed and directed by the Controller.

Principal Accountabilities

1. Financial Accounting

• Prepare reconciliation for payment partners\' transaction (NI, Nol, DSG) with ENOC system, amount received and commission as per contract terms
• Support Controller for all accounting for Accounts Receivable, Accounts Payable, General Ledger & Fixed Assets modules.
• Support in monthly closure of books of accounts in line with Group timelines.
• Prepare all monthly accruals and journals assigned for Controller\'s review.
• Support Controller in finalization of annual accounts, as per International Financial Reporting Standards (IFRS) and in line with Group reporting timelines.

2. Payment Solution

• Timely action on customer queries routed through Call Centre/Fuel Marketing/DSG for refund of unsuccessful topup or duplicate transaction.
• Confirm the charges associated with payment card processing and ensure that they are in line with the merchant agreement.
• Respond to chargeback notifications and credit card company inquiries within the time frame specified on the notification.
• Gateways should be closely managed and reconciled as needed. Ensure the system/website application are processing the correct amounts.
• Fraudulent transactions should be refunded back to the card when detected.
• Ensure termination of payment solution access when an employee leaves the company.
• Support Controller in handling Partner Payment\'s Systems issues and also provide inputs for enhancement

3. Audit

• Dealing with the various Auditors such as the external, internal and Govt. auditors to resolve the queries raised by such auditors on various matters relating payment solutions
• Support the various AUP (Agreed Upon Procedure) audits

4. Compliance and control

• Ensure that all day to day transactions are done in line with the approved DOA and highlight any exceptions to the line Manager

Additional Principal Accountabilities

5. Treasury Management

• Prepare cash flows forecast highlighting the working capital requirements in terms of investing and taking loans from the Group Treasury.

6. Systems Review

• Contribute to identifying improvement in payment solution process relating to system integration, reconciliation and call center application.
• Update the procedures in line with the current business process.
• Interact with IT with a view to ensuring accuracy of transactions.
• Perform User Acceptance Testing for the system developed.
• Coordinate with payment partners for any system issues/enhancements.

7. Insurance & Claims administration

• Provide all annual policy renewal values and periodic declarations as applicable.
• Coordinate with the business and obtain necessary details for timely insurance of all newly commissioned sites.

8. Special Assignments

• Assist the Finance controller - Financial Accounting & Systems with ad-hoc projects and special assignments.

Experience

• Educational Qualification: Finance Graduation
• Experience: 3- to 5 years experience
• System Skills: Good
• Interpersonal Skills: Good
• Communication Skills: Fair
• Presentation Skills: Fair

ENOC