About the company
SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto 'Make Life Simple' inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.
SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, colour, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.
Join us to shape the future of digital payment in India and unlock your full potential.
What’s in it for YOU
- SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees
- Admirable work deserves to be rewarded. We have a well curated bouquet of rewards and recognition program for the employees
- Dynamic, Inclusive and Diverse team culture
- Gender Neutral Policy
- Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits
- Commitment to the overall development of an employee through comprehensive learning & development framework
Role Purpose
- Responsible to ensure accuracy in payout calculations and Invoice payout. This team functions as a gate keeper to validate Corporate Invoices and process payouts to Corporates, partners, aggregators.
- This role is also responsible for providing digital solutions on the process and fulfilling audit requirements.
Role Accountability
- Manage end-to-end operations for Corporate payout and Invoicing process (Purchase Requisitions, Purchase Orders, Invoicing and payouts) by driving due diligence on documents for raising GSL Code Creation and initiating payout process, daily monitoring of operational metrics and accuracy & timeliness of reports for all processes, raising of RECO (Reconciliation) requests, etc.
- Act as a relationship manager for servicing and operational needs of Corporate Clients and drive timely remediation of issues
- Ensure proper mitigation of operational risks for processes managed as per principles of control
- Perform daily allocation of workable inventory of open action items to analysts
- Oversee timely and accurate payout to corporate client by ensuring discipline in invoice processing, drive timeliness and accuracy in cost reporting as per budget
- Act as bridge between Sales and Finance to follow-up with client for GST Reconciliation
- Critically review existing processes, suggest potential changes and work with internal/external stakeholders to implement changes and improve servicing and controls in the process
- Drive operational excellence by conducting UATs, sanity and PVTs for Account Payable & Payout Process, daily monitoring of KPIs & metrics and preparing dashboards and operational metrics for internal and external stakeholders, overseeing RCAs on any CTQ miss and fixing the same
- Ensure process documentation and compliance adherence
Measures of Success
- Accuracy on Corporate payout as per operations SLA's
- Accuracy and discipline in Invoice processing
- Timely and accurate closure of audit observations
- Accuracy in Cost provisioning
- Process Adherence as per MOU
Technical Skills / Experience / Certifications
- Understanding of Account Payable and Invoicing process
- Expertise in MS-Office tools
- Understanding of financial terms and cost provisioning
Competencies critical to the role
- Verbal and written communication
- Process Orientation
- Analytical and Problem Solving skills
- Detail Orientation
Qualification
Graduate / Post Graduate in any stream
Preferred Industry
FSI
Skills Required
- Understanding of Account Payable and Invoicing process
- Expertise in MS-Office tools (Excel, Word, PowerPoint)
- Understanding of financial terms and cost provisioning
- Graduate / Post Graduate in any stream
- Verbal and written communication skills
- Process orientation and detail orientation
- Analytical and problem solving skills
- Experience in Financial Services Industry (preferred)
What We Do
SBI Card was launched in 1998 with the State Bank of India, India's largest bank, as the majority stakeholder. In March 2020, SBI Card was listed on BSE and NSE. Today, SBI Card is India’s largest pure-play credit card issuer with over 20 million cards in force, as of December 2024. Its wide array of products and services caters to a diverse range of customer segments across India, right from new-to-credit to super premium. The SBI Card brand is based on the value proposition of 'Make Life Simple'. The proposition manifests in SBI Card’s continuous efforts to simplify the lives of its customers, employees and other key stakeholders. Customer-centricity, supported by the values of trust and transparency, is core to SBI Card’s ethos.
.png){kind=logo}
