Payment/Disbursement Officer

Job title: Payment/Disbursement Officer

Company:


Job description: We are a leading development sector organization seeking a dynamic and detail-oriented Payment/Disbursement Officer to join its Finance team. This role is critical to managing the payable functions and ensuring timely and accurate processing of various payments in accordance with applicable tax and organizational policies.The incumbent will perform the following tasks:Process payments for goods and services with applicable tax implications.Handle payments to interns in line with their contracts.Obtain approvals from SBP for foreign currency disbursements.Manage dispatch of cheques for processed payments.Process GOP loan-related payments and Board of Directors’ meeting payments.Record income tax refundable against advance tax on invoices.Record fund utilization based on Statement of Expenditure (SOE).Handle employee-related advances and reimbursements.Ensure timely payment of withholding tax to the government treasury in compliance with tax laws.Replenish petty cash based on requests from designated holders. * Support the treasury function by processing payments, managing disbursements, and maintaining accurate financial records. The role includes preparing documentation for Treasury Committee review, assisting in cash flow planning, and ensuring compliance with internal controls. The officer will also coordinate with banks and finance teams to facilitate timely fund transfers and reporting.The role also involves monitoring cash positions, and liaising with banks to address payment-related queries.Required Qualifications & Experience:Master degree in Finance; MBA and M.Com or a related field from an HEC-recognized or reputable foreign institution.Minimum 5 years of relevant experience, preferably in the development sector. Exposure of working in banking sector will also be an added advantage.Key Skills:Strong interpersonal and communication skills.Ability to resolve conflicts and work collaboratively across teams.Effective negotiation and persuasion abilities.Proficiency in MS Office Suite (Excel, Word, Outlook).Strong organizational and time management skills. We are an equal opportunity employer. Female candidates are strongly encouraged to apply.

Expected salary:

Location: Islamabad

Job date: Sun, 27 Jul 2025 04:23:18 GMT

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