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Global FSSC Intercompany Accounts Payables Accountant Job Details | Avolta Avolta installs cookies including essential cookies necessary for the operation of this website. On the basis of your prior consent, we also use functional cookies to remember your preferences, analytical cookies (first party and third party) to understand and improve your browsing experience, and advertising cookies (first party and third party) to send you advertisements in line with your preferences when you browse other websites. For more detailed information about the cookies we use and how you can express your choices, please see our Cookie Notice. Reject Non-Essential Cookies Global FSSC Intercompany Accounts Payables Accountant Brand: Avolta Country: IN Location: Bangalore Office Job Type: Indefinite At Avolta (SIX: AVOL), our people are at the driving force behind our success. With a team of over 76,000 individuals representing more than 150 nationalities, we are a truly global company driven by passion, innovation, and excellence. Born from the combination of Dufry and Autogrill, Avolta is redefining the travel experience through the dedication and expertise of our diverse workforce. Across 73 countries and 1,000 locations, our teams bring energy, creativity, and commitment to delivering world-class travel retail and food & beverage experiences. We operate across multiple channels - including airports, motorways, cruise ships, ports, railways, and more - offering endless opportunities for collaboration and growth. Our people are empowered to make an impact, supported by a culture that values teamwork, development, and innovation. Sustainability and social responsibility are embedded in our strategy, ensuring we grow in a way that benefits both our employees and the communities we serve. Are you looking for a dynamic, international career where your contributions truly matter? Join Avolta and be part of a team that’s shaping the future of travel - together. Job Description – Senior Executive, AP Payments (FSSC – Intercompany Focus) Role Summary The Senior Executive – AP Payments (Disbursement) in an FSSC environment is responsible for executing global vendor and intercompany payments, ensuring accuracy, timeliness, and compliance with internal controls. The role involves managing cross-border transactions, intercompany settlements, netting activities, and collaboration with global stakeholders across regions. Key Responsibilities 1. Global Payment Execution (Vendor & Intercompany) • Execute payment runs for vendors and intercompany entities across regions (APAC, EMEA, Americas) • Process payments via multiple modes (Wire, ACH, SEPA, NEFT/RTGS) • Handle intercompany settlements including netting and balance clearing • Ensure adherence to global payment calendars and cut-off timelines 2. Intercompany Disbursement & Netting • Manage intercompany payment cycles, including netting and settlement processes • Coordinate with group entities for IC balance confirmation and payment alignment • Support intercompany mismatch resolution impacting payments • Ensure proper accounting and clearing of intercompany open items 3. Banking & Treasury Coordination • Upload and validate payment files in global banking platforms • Liaise with treasury for liquidity/funding requirements • Monitor payment status, investigate rejections, and ensure reprocessing • Manage relationships with banking partners for issue resolution 4. Stakeholder Management (Global FSSC Model) • Act as key contact for regional finance teams and intercompany partners • Respond to queries related to payments, remittance, and settlement status • Collaborate with AP Invoice Processing, IC Accounting, and GL teams • Ensure effective communication across time zones 5. Reconciliation & Reporting • Perform bank reconciliation and payment clearing activities • Monitor intercompany balances and ensure timely settlement • Prepare payment dashboards, KPIs (on-time payment %, failure rate, aging) • Track and report payment exceptions and escalations 6. Compliance, Controls & Audit • Ensure adherence to SOX/internal controls in payment processing • Maintain strict maker-checker process for all disbursements • Ensure audit readiness with proper documentation and approvals • Follow global payment policies and compliance requirements 7. Month-End & Close Support • Support month-end close (payment postings, clearing entries, IC settlements) • Ensure old/open items are reviewed and cleared • Coordinate with IC accounting teams for mismatch resolution • Assist in accruals and variance explanations 8. Process Improvement & Transformation • Identify opportunities for automation (RPA, payment tools, netting systems) • Support transitions/migrations into FSSC • Drive standardization across regions and entities • Participate in continuous improvement initiatives (Lean / Six Sigma) Key Skills & Competencies • Strong expertise in AP Payments & Intercompany accounting • Experience working in Global FSSC / Shared Services environment • Knowledge of netting systems and intercompany settlements • Hands-on experience with ERP systems (SAP/Oracle) & banking portals • Understanding of multi-currency and cross-border payments • Strong stakeholder management across geographies • High attention to detail, accuracy, and control mindset • Ability to manage high-volume transactions under tight deadlines Due to certain email system settings, some of our messages may occasionally land in your junk or spam folder. 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