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Associate Vice President – Payments Processing Hub

Rak Bank Career Site

جديد
🇬🇧 English
Oracle ERP

وصف الوظيفة

About the role

Lead the end‑to‑end payments processing function for a leading UAE bank, ensuring transaction accuracy, compliance and service‑level performance while driving automation and process improvements.

Key responsibilities

  • Authorize and oversee SWIFT payments, account credits, manager’s cheques and vendor payments.
  • Review and approve accounting entries, general ledger postings and financial transactions.
  • Manage vendor payment activities and ensure timely settlement of approved invoices.
  • Monitor payment performance metrics and drive service excellence across operations.
  • Oversee reconciliations of supplier balances, suspense accounts and utility payments.
  • Prepare and review management reports on payments, accounts payable and reconciliations.
  • Investigate and resolve payment and accounting exceptions while minimizing operational risk.
  • Support internal, external and regulatory audits with accurate documentation.
  • Identify opportunities for automation, process optimisation and enhanced controls.

Required profile

  • Bachelor’s degree in Finance, Accounting, Commerce or related discipline.
  • UAE national with a Family Book.
  • Minimum 5 years experience in accounts payable or payments operations in a large organisation.
  • Experience handling >2,000 transactions per month and values exceeding AED 30 million.
  • Strong understanding of banking operations, payment processing and financial controls.

Required skills

  • Payments Operations Management
  • Accounts Payable & Financial Controls
  • General Ledger & Reconciliations
  • Regulatory Compliance & Governance
  • Risk Management
  • Process Improvement & Automation
  • Oracle ERP (Accounts Payable module)
  • Stakeholder & Vendor Management
  • Reporting & MIS Preparation
  • Leadership & Team Development

What we offer

  • Competitive compensation and performance‑based bonus.
  • Comprehensive medical and life insurance coverage.
  • Employee banking privileges and exclusive financial benefits.
  • Continuous learning and development opportunities.
  • Career growth within one of the UAE’s leading banks.
  • Collaborative and supportive work environment focused on innovation.
  • Opportunity to drive transformation and automation initiatives.

Questions fréquentes

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Source : ats:oracle_hcm

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