Task Responsibilities:
Cargolux's payment team is looking for a (Senior) Agent to join the team
The overall purpose and objective of this position is to assist the team by performing suppliers' payments preparation and execution, monitor and follow-up outgoing payments until settlement and perform reconciliation, in multiple currencies and locations, in accordance with applicable policies and procedures, international and national payment regulations, as well as to contribute to process documentation, reporting and analysis requirements. The position will ultimately report to the Group Treasurer, with daily supervision from senior members of the team.
The position holder will be responsible for and support with the following tasks:
* Perform and escalate 'first line of defense' controls prior to payment preparation (e.g., AML/CFT/Sanctions screenings)
* Prepare, execute and apply payment proposals from the Cargolux group to suppliers (e.g., IATA Clearing House)
* Handle wire transfers, electronic payments via banking platforms
* Monitor outgoing payments until completion (i.e., reconciliation and settlement) and communicate with various external and internal stakeholders within Cargolux Group payment related issues/topics
* Administer, monitor suppliers and business partners bank accounts in the ERP (Enterprise Resource Planning system)
* Administer master data in the ERP
* Monitor business partner accounts by checking/clearing open items in the ERP, and coordinate issues with relevant stakeholders
* Monitor down (upfront) payments (clearing General Ledger/Business Partners accounts).
* Reconcile (apply) outgoing / incoming payments within ERP
* Contribute to internal process, procedure and policy documentation updates (or creation).
* Actively contribute to team effort to work on any new projects.
Essential Requirements For The Position:
* Minimum bachelor's degree in finance or applicable practical experience in the field of global payment execution and settlement, financial services back offices
* Minimum 3 to 5 years' experience in global account payable teams with a focus on payment execution, ideally within logistic industry such as: air freight, airlines or ocean shipping industry, global financial institution and/or global corporate operating worldwide
* Broad knowledge of EU, US and Asian payment regulations (e.g., PSD III, VoP, Instant payments.) and applicable payment infrastructures (e.g., Chips, Target, Fedwire, SEPA…)
* Experience working with S4/Hana payment related functionalities (Multiline, or banking platforms)
* Advanced knowledge of AML/CFT/Sanctions compliance processes in the context of global payments
* Proficiency in Excel
* Experience using SWIFT, CAMT messages and the Swift infrastructure
* Experience in swift /ISO 20022 related project implementation and treasury platform implementation (bank connectivity projects) is considered an asset
* Solid understanding of related payment investigations and message flows
* Detail oriented, analytical and hands-on attitude
* Capacity to share knowledge and experience in related topics with the team
* Good writing and synthesis skills for clear process and procedure documentation
* Fluency in English; any additional languages are considered an asset
Working Conditions:
* Full time, permanent position based in our Luxembourg HQ.
* Flexibility with working hours is required
* A certificate of good conduct (Casier Judiciaire, Polizeilisches Führungszeugnis) will be required in case of positive selection
* The internal title will be "Agent Payment or Senior Agent Payment" depending on seniority
Some of the benefit we offer:
* Flexible working hours and a work from home policy
* Profit-sharing scheme (according to our Collective Work Agreement)
* 27 vacation days and additional 4 special paid-off days (incl. annual vacation allowance)
* Numerous discounts in the wider region as well as selected travel discounts
* Trainings and career mobility opportunities within the various departments
* Onsite parking and canteen (with subsidized meal vouchers)