Job Description:
Job Title: Accounts Payable Analyst – Payments
Location: [Hyderabad / Chennai]
Reports to: AP Payments Manager / Assistant Manager
Position Summary:
The Accounts Payable – Payment Analyst is responsible for executing and managing the end-to-end vendor payment cycle, ensuring timely, accurate, and compliant disbursements globally. This role involves coordinating with internal teams, managing payment runs, resolving payment issues, and maintaining a high level of internal control and audit readiness.
Key Responsibilities:
- Execute daily/weekly global payment runs (ACH, wire, check, virtual card, etc.) in multiple currencies and banking platforms.
- Review and validate payment batches for accuracy, proper approvals, and compliance.
- Coordinate with Treasury and Cash Management teams to ensure sufficient funding and accurate payment forecasting.
- Troubleshoot payment issues, bank rejections, and ensure resolution with minimal business disruption.
- Maintain and update vendor banking information securely, ensuring proper documentation and fraud controls.
- Monitor invoice due dates and manage payment scheduling to optimize working capital and meet payment terms.
- Collaborate with AP invoice processing team to resolve holds and exceptions before payment runs.
- Assist in internal/external audits and quarter-end processes by providing payment confirmations and reconciliation support.
- Track and reconcile payment confirmations, remittance advices, and ensure accuracy of payment postings in ERP.
- Manage global payment rejection and remediation trackers, driving timely root cause analysis and resolution.
- Support implementation of automated payment tools and participate in testing and training for system updates (OCR tools, NetSuite enhancements).
- Maintain documentation in accordance with internal controls and SOX compliance standards.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field.
- 2–4 years of accounts payable and payments experience in a global, fast-paced environment.
- Ability to work in different time zones and shifts
- Experience using GTreasury or similar Treasury Management Systems for payment processing and cash positioning.
- Strong understanding of payment methods (ACH, Wires, FX, SEPA) and multi-currency transactions.
- Excellent Excel skills and ability to work with large data sets.
- Strong communication, analytical, and problem-solving skills.
- Experience working with cross-functional teams across multiple regions/time zones.
Preferred Skills:
- Experience in global / multi-country payment operations across the U.S., EMEA, APAC, and LATAM.
- Familiarity with OCR tools and AP automation technologies.
- Knowledge of compliance regulations related to payments and banking (e.g., OFAC, KYC, AML).
- Ability to identify and implement process improvements and drive operational efficiency.
- Familiarity with internal controls and SOX compliance.
- Knowledge of global payment regulations, fraud prevention, and banking compliance.
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For us at Nextracker, sustainability is not just a word. It's a core part of our business, values and our operations. Our sustainability efforts are based on five cornerstones: People, Community, Environment, Innovation, and Integrity. We are creative, collaborative and passionate problem-solvers from diverse backgrounds, driven by our shared mission to provide smart solar and software solutions for our customers and to mitigate climate change for future generations.
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