Occupation: Financial Managers

Job description
A Disbursement Officer is responsible for managing the efficient and accurate disbursement of funds on behalf of an organization. They play a critical role in ensuring that all financial transactions are processed in compliance with company policies and regulations, while maintaining proper documentation and ensuring accuracy in payments.
Key Responsibilities:
Fund Disbursement:
Process and verify requests for payments, including payroll, vendor payments, and other disbursements.
Ensure timely and accurate transfer of funds to intended recipients.
Financial Records Management:
Maintain detailed records of all disbursement transactions.
Reconcile accounts and resolve discrepancies in a timely manner.
Compliance:
Adhere to company policies, industry standards, and legal regulations related to financial disbursements.
Monitor transactions for potential fraud or irregularities.
Reporting:
Prepare periodic financial reports on disbursement activities.
Provide insights and recommendations to improve disbursement processes.
Collaboration:
Coordinate with other departments (e.g., HR, Procurement, Accounts) to ensure smooth payment processing.
Liaise with banks or financial institutions as necessary.
Audit Support:
Assist in internal and external audits by providing necessary documentation and clarifications.