Payments Officer at Work Channel Recruitment Agency

Our client is a well established diversified maritime group with many years of experience. They are recognized for their strong reputation and are trusted by leading clients both locally and internationally as a reliable partner.

The Payments Officer is part of the Banking Team. The PO is responsible for ensuring that all payments to suppliers and other beneficiaries are scheduled ahead of time and carried out promptly and accurately. Before any payment is processed, the PO verifies that it has been properly authorized by an individual with the appropriate approval limit and that all payment procedures are strictly followed. Additionally, the PO ensures that payments are correctly recorded in the accounting system and that bank statement reconciliations are completed on time. The PO collaborates closely with the FS to ensure that payments are prepared and executed in line with the payment plan developed by the FS and approved by the FM.

Benefits

13th Salary

Provident Fund

Private Medical Insurance

Monthly Nursery Care Allowance

Annual Paid Study Leave

Lunch

Parking

Monday to Friday, 08:30 – 17:30, with one day per week finishing at 14:30

Responsibilities

• Prepares the cash flow plan which is then reviewed by the FS and or FM.
• Prepares bank payment orders, cheques and written or electronic orders (as per the agreed deadlines) in accordance with the cash flow plan and bank payment plan prepared.
• Arranges the signing of payment orders and cheques by an authorised signatory, including the electronic ‘signing’ of payments made using Bank’s online system. The PO ensures that this is done in time for execution by the bank within cut-off payment deadline.
• Ensures all scheduled and authorised payments are sent to the bank on time for same day execution.
• Sends payment orders to the bank or hands the cheques to Administration for collection by customers.
• Posts all bank payments to accounting system (daily).
• Ensures that international supplier invoices and brokerage commissions are in order before processing for payment.
• Liaises with international suppliers, brokers and other departments regarding payments and provides updates on payments schedule.
• Liaises with banks in relation to execution of payment orders and for any statement queries.
• Sends the SWIFT confirmation of payments to other Departments and suppliers as required.
• Requests payment confirmation letters from suppliers.
• Checks and posts bank charges.
• Checks daily accounting entries prepared by FS.
• Performs bank reconciliations (as required on daily/weekly/monthly basis).
• Downloads bank statements and debit advices from online banking platforms where applicable
• Implements the Group’s Management System and makes suggestions for improvement.

Requirements

• LCCI Higher and/or University degree in Accounting and/or Finance or other Business or
• Finance related subject.
• Previous relevant experience will be considered as an advantage
• Ability to work under pressure and complete tasks effectively within set deadlines
• Good bookkeeping knowledge and experience of computerized accounting systems
• Good experience in spreadsheet applications
• Banking experience is considered desirable
• Good command of the Greek and English languages

Note: Thank you for taking the time to apply. We will carefully review your CV and assess your fit for the role. Due to the high volume of applications, only candidates shortlisted for the next stage will be contacted. We truly appreciate your interest, and we encourage you to follow our page to stay updated on future opportunities that may align with your profile.

Job Tags: Αγγλικά, Ελληνικά, Κύπρος, Λεμεσός