Key Responsibilities

1. Payment Processing and Disbursement

• Process vendor, supplier, service provider, and other party payments accurately and within approved timelines.

• Verify invoices, bills, contracts, and supporting documents prior to payment processing.

• Ensure all payments comply with approved authorization limits and internal control requirements.

• Maintain payment schedules and monitor outstanding obligations to ensure timely settlement.

• Coordinate with banks and internal stakeholders to facilitate smooth execution of payments and resolve payment-related issues.

2. Channel Partner Commission Management

• Process commissions payable to channel partners, field agents, and other eligible business partners.

• Verify commission claims against approved schemes, sales reports, and supporting documentation.

• Prepare commission statements and obtain necessary approvals prior to disbursement.

• Maintain complete records of commission calculations and payments.

• Address commission-related queries and reconcile outstanding commission balances.

3. Finance Operations Support

• Support the day-to-day finance and accounting activities of Project Alo.

• Record and maintain financial transactions in the accounting system.

• Prepare journal vouchers and maintain proper supporting documentation.

• Assist in accounts payable and accounts receivable functions.

• Ensure systematic filing and safekeeping of finance-related documents and records.

• Support cash and bank transaction management as required.

4. Reconciliation and Reporting

• Perform regular bank reconciliations and follow up on outstanding reconciling items.

• Reconcile partner settlements, commission payments, customer collections, and other operational transactions.

• Assist in preparing periodic financial reports and operational MIS.

• Provide data and analysis required for management reporting and decision-making.

• Support month-end and year-end closing activities.

5. Budget Monitoring and Expense Control

• Monitor operational expenditures against approved budgets.

• Track project expenses and highlight unusual variances or exceptions.

• Maintain expenditure records and support budget utilization reporting.

• Assist the finance team in preparing expense analyses and forecasts.

6. Compliance and Internal Controls

• Ensure compliance with organizational policies, financial procedures, and delegated authority limits.

• Verify the completeness and accuracy of supporting documents for all transactions.

• Maintain audit-ready records and documentation.

• Support internal and external audits by providing relevant schedules, documents, and explanations.

• Ensure adherence to applicable statutory, tax, and regulatory requirements.

7. Stakeholder Coordination

• Liaise with operations, sales, procurement, and channel partners to facilitate efficient financial processes.

• Coordinate with field teams to resolve documentation and payment-related issues.

• Provide finance support to Project Alo teams to ensure uninterrupted business operations.

8. Process Improvement and Other Responsibilities

• Identify opportunities to improve efficiency and strengthen controls within finance processes.

• Support initiatives relating to automation of payment processing and reporting.

• Participate in special assignments and cross-functional projects as assigned by management.

• Perform any other duties commensurate with the responsibilities of the position as assigned by the supervisor.

Required Competencies:

Technical Competencies

• Sound knowledge of accounting principles and finance operations.

• Hands-on experience in payment processing and reconciliations.

• Proficiency in Microsoft Excel and other MS Office applications.

• Familiarity with accounting software and ERP systems.

• Strong numerical and analytical skills.

• Ability to prepare accurate reports and maintain financial records.

Behavioral Competencies

• High integrity and attention to detail.

• Strong organizational and time management skills.

• Ability to work under pressure and manage multiple priorities.

• Effective communication and interpersonal skills.

• Problem-solving mindset with a proactive approach.

• Team-oriented attitude and commitment to service excellence.

Key Performance Indicators (KPIs)

• Timeliness and accuracy of vendor and party payments.

• Timely and error-free channel partner commission disbursement.

• Accuracy and completion of reconciliations.

• Compliance with internal controls and documentation standards.

• Timely completion of month-end reporting requirements.

• Number of audit observations relating to finance operations.

• Adherence to agreed turnaround times (TAT) for finance transactions.

• Stakeholder satisfaction with finance support services.