Senior Executive, Finance (Accounts Payable)

Job Overview

This role involves overseeing and managing finance activities related to accounts payable, focusing on claims payments, vendor invoices, and operational payments within an insurance and healthcare context. The candidate will ensure all payments are accurate, compliant, and follow internal controls.

Key Duties and Responsibilities

• Manage and review claims payments for designated portfolios ensuring timely and precise execution.
• Verify staff claims, commissions, vendor invoices, and operational payments to confirm adherence to internal control policies, approval structures, and necessary documentation.
• Provide guidance and assistance to team members regarding payment processing, invoice verification, and operational issues.
• Serve as the main escalation point for payment-related inquiries from vendors, clinics, hospitals, Third-Party Administrators (TPAs), and internal teams.
• Track payment aging, handle rejected payments, process refunds, and resolve unreconciled transactions promptly.
• Examine accounting journals, reconciliations, and billing statements prepared by the team.
• Support month-end financial closing processes including managing accruals, billing, reconciliations, and reporting duties.
• Maintain accurate supporting documentation for audit, regulatory, and compliance purposes.
• Participate actively in system enhancements, workflow optimization, and User Acceptance Testing (UAT) initiatives.
• Ensure strict compliance with finance Standard Operating Procedures (SOPs), governance frameworks, audit expectations, and regulatory requirements.
• Assist the Finance Manager with driving operational efficiencies, process standardization, and strengthening controls.
• Perform other tasks as assigned by management.

Qualifications and Experience

• A degree in Accountancy, Finance, or a related field.
• At least 3 to 5 years of relevant experience in Accounts Payable, claims finance, insurance, healthcare, or TPA settings is preferred.
• Experience in supervising and reviewing team outputs is advantageous.
• Knowledge of GST compliance, invoice validation, and supporting documentation standards is preferred.
• Familiarity with SAP or other ERP/accounting systems is a plus.
• Strong proficiency in Microsoft Office suite, especially Excel.
• Good grasp of finance operations, payment controls, reconciliations, and month-end closing procedures.
• Excellent analytical abilities, effective communication, and stakeholder management skills.
• Detail-oriented, responsible, and capable of working efficiently under tight deadlines in a dynamic environment.
• A proactive team player demonstrating ownership and eagerness to learn.

Additional Information

Only candidates shortlisted for further consideration will be contacted.