About this role
Payment Snr Analyst
Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.
Essential Duties/Principal Responsibilities
- Prepare and execute automatic payment runs (F110) in SAP S/4HANA
- Initiate manual payments directly in bank portals (e.g., CitiDirect, Barclays iPortal) for urgent or exception cases
- Ensure proper approval and authorisation is obtained prior to execution (in line with company DoA / SOX controls)
- Accurately input vendor bank details, invoice references, and payment amounts
- Apply correct payment type (same-day, CHAPS, Faster Payments, international wires, etc.)
- Attach or reference supporting documentation (approved invoice, business justification)
- Validate payment proposals (due invoices, vendor selection, bank accounts)
- Release and post payments (BACS, SEPA, wire transfers, cheques)
- Ensure correct payment methods, terms, and bank details
- Monitor payment status and troubleshoot failures
- Post manual payments in SAP (e.g., via F-53 / F-58) to clear open invoices
- Ensure correct GL, vendor account, and document references
- Perform pre-payment checks (duplicate invoices, blocked invoices, approval status)
- Resolve payment rejections (bank errors, incorrect details)
- Manage duplicate or erroneous payments and recovery actions
- Coordinate with master data team for vendor/bank corrections
- Coordinate with treasury on payment funding and bank balances
- Prioritise payments based on cash availability and urgency
- Support cash forecasting with payment schedules
- Work toward improving AP KPIs such as:
- On-time payment %
- Low error rate