financial operations executive | Scrabble
Posted on May 19, 2025
Job Description
<div>Hitachi Payment Services is a leading payment solutions provider in the country, enabling its customers to grow by offering technology led cash & digital payment solutions while building a robust payment infrastructure in the country, driving financial empowerment and enabling social change. We cater to customers such as banks, payment aggregators and fintech players who are ready to capture the emerging opportunities in this payments segment.</div>
<div>PURPOSE OF JOB We are seeking a highly organized and detail-oriented Financial Operations Specialist to manage and oversee the financial activities within HPY’s Product team. This role is critical in ensuring budget accuracy, managing expenses, coordinating vendor payments, and maintaining clear financial visibility across the team. The ideal candidate will be proactive, possess strong analytical and communication skills, and excel at collaborating across departments.</div>
<div>KEY RESPONSIBILITIES</div>
<div>Vendor Payments</div>
<div>• Coordinate with vendors to gather effort estimates and validate them with the technical teams</div>
<div>. • Obtain necessary approvals from HOD, Business Finance, and other relevant stakeholders.</div>
<div>• Raise Purchase Requisitions (PRs) in SAP and follow up with approvers to ensure timely processing.</div>
<div>• Work closely with the Procurement Team to initiate and issue Purchase Orders (POs)</div>
<div>. • Upon receipt of vendor invoices, generate Goods Receipt Notes (GRNs) in SAP.</div>
<div>• Secure approvals for GRNs from designated approvers as per internal processes</div>
<div>. • Share GRN details with the Finance Team and follow up to ensure timely payment processing.</div>
<div>• Monitor the status of payments and coordinate with the Finance Team to resolve any delays.</div>
<div>• Collaborate with multiple teams to address and resolve any pending issues related to the procurement cycle.</div>
<div>• Maintain comprehensive and accurate records of procurement and payment activities. Expense Tracking</div>
<div>• Maintain detailed monthly expense records and track expenditures against allocated budgets.</div>
<div>• Publish regular reports highlighting budget utilization, discrepancies, or issues, if any, and escalate where necessary. Capitalization Data Preparation</div>
<div>• Prepare capitalization data on a quarterly basis and share it with the Finance Team within defined timelines.</div>
<div>• Coordinate with all product team members to collect input and ensure completeness and accuracy of the capitalization data.</div>
<div>QUALIFICATION/KNOWLEDGE/SKILLS/EXPERIENCE</div>
<div>Must-Have: • 2–3 years of experience in procurement, purchasing, or a related financial operations role.</div>
<div>• Work Location: Vikhroli</div>
<div>• Proficiency in SAP or similar ERP systems.</div>
<div>• Excellent communication, interpersonal, and follow-up skills</div>
<div>. • Strong organizational and time management abilities.</div>
<div>• Proven ability to work with multiple stakeholders and manage competing priorities.</div>
<div>• Basic understanding of accounting and finance principles. Nice to Have:</div>
<div>• Experience working in a fast-paced, deadline-driven environment.</div>
<div>• Familiarity with vendor management and contract administration.</div>