Payment Coordinator Jobs Opening in Maruti petrochem at Borivali East, Mumbai
Job Description
Mail outstanding to customers
Follow up for outstanding payments
Maintain data and records
Key Responsibilities
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Payment Processing
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Ensure timely and accurate processing of vendor invoices, staff reimbursements, and client payments.
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Handle payments through different modes such as online banking, cheques, UPI, or payment gateways.
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Monitor due dates and ensure no delays in payment disbursements.
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Payment Tracking & Monitoring
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Maintain records of all incoming and outgoing payments.
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Track pending payments from customers and follow up with the sales or accounts team for collection.
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Prepare reports on payment status for management review.
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Reconciliation
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Perform daily, weekly, and monthly reconciliation of payments with bank statements.
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Resolve mismatches or discrepancies in transactions.
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Coordinate with banks or financial institutions in case of errors or payment failures.
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Vendor & Client Coordination
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Communicate with vendors to confirm receipt of payments and address their queries.
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Follow up with clients/customers for pending or delayed payments.
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Build and maintain positive relationships with vendors, clients, and internal teams.
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Documentation & Record Keeping
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Maintain accurate documentation of all financial transactions.
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Prepare payment vouchers, receipts, and reports as required.
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Support audit processes by providing necessary records.
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Compliance & Policy Adherence
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Ensure all payments comply with company policies and financial regulations.
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Stay updated with taxation, TDS, GST, and other statutory requirements related to payments.
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Support finance team in preparing compliance reports.
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Reporting & Analysis
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Generate daily, weekly, or monthly reports on payments made and received.
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Analyze payment delays and suggest improvements in processes.
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Provide inputs to management for better cash flow planning.
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Required Skills & Competencies
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Accounting Knowledge: Basic understanding of accounts payable and receivable processes.
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Technical Skills: Proficiency in MS Excel, accounting software (like Tally, SAP, QuickBooks), and online banking systems.
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Attention to Detail: Ability to handle numerical data with accuracy.
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Communication Skills: Strong written and verbal communication for vendor and client coordination.
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Time Management: Ability to manage multiple payments and deadlines efficiently.
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Problem-Solving Skills: Proactively identifying and resolving payment-related discrepancies.
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Teamwork: Ability to collaborate with finance, sales, and operations teams.
More information about this Payment Coordinator Job
Please go through the below FAQs to get all answers related to the given Payment Coordinator job
- What are the job requirements to apply for this Payment Coordinator job position?
- Ans: A candidate must have a minimum of fresher as an Payment Coordinator
- What is the qualification for this job?
- Ans: The candidate can be a Graduate from any of the following: B.Com
- What is the hiring Process of this job?
- Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.
- This Payment Coordinator is a work from home job?
- Ans: No ,its not a Work from Home Job.
- How many job vacancies are opening for the Payment Coordinator position?
- Ans: There are immediate 1 job openings for Payment Coordinator in our Organisation.
Job Particulars
About Company
Mumbai 
1 to 2 Years 
Salary not disclosed 
B.Com
Mumbai
0.6 to 2 Years
Salary not disclosed
B.Com, M.Com
Mumbai
2 to 3+ Years
Salary not disclosed
B.Com, M.Com
Mumbai
0 to 1 Years
Salary not disclosed
Diploma, B.Com, 12th Pass (HSE)
Mumbai
Freshers
Salary not disclosed
B.Com
Mumbai
Freshers
Salary not disclosed
B.Com
Mumbai
Freshers
Salary not disclosed
B.Com, M.Com, BMS, Other Graduate, Other Course
Mumbai
0.6 to 2.5 Years
Salary not disclosed
B.Com, M.Com
Mumbai
Freshers
Salary not disclosed
B.Com
Mumbai
1 to 2 Years
Salary not disclosed
B.Com
Mumbai
2 to 3 Years
Salary not disclosed
B.Com, M.Com, BMS
Mumbai
2 to 3+ Years
Salary not disclosed
B.Com
Mumbai
Freshers
Salary not disclosed
B.Com, M.Com
Mumbai
Freshers
Salary not disclosed
B.Com
Mumbai
Freshers
Salary not disclosed
B.Com, BA, BBA/BBM, BSc, CA, ICWA
Mumbai
0 to 2 Years
Salary not disclosed
B.Com
Mumbai
1 to 3+ Years
Salary not disclosed
B.Com, M.Com, BBA/BBM, MBA/PGDM, BFA
Mumbai
1 to 3 Years
Salary not disclosed
B.Com, M.Com
Mumbai
2 to 3+ Years
Salary not disclosed
B.Com, M.Com
Mumbai
0 to 0.6 Years
Salary not disclosed
B.Com, M.Com, Other Course(Other Course) 
