Senior Executive

2 months ago

Mumbai, India ScaleneWorks Full time

Key Responsibilities
1. Master data management for all geographies in scope
• Accurately maintain financial master data which covers, but not limited to:
o General ledger accounts
o Cost centers
o Profit centers
o Tax codes
o Vendor master
o Material Master
o Customer Master
o Pricing
o Product Hierarchies
• Conduct periodic reconciliations of organization's chart of accounts, including account codes, descriptions, and hierarchies, ensuring discrepancies are identified and resolved promptly.
• Ensure quality of master data alongwith documentation of processes with other functional data owners to support ongoing maintenance and data integrity. Initiate necessary actions against unused / redundant GLs/Cost Centres/Vendors/Materials/Customers etc. to maintain system hygiene and control.
• Conduct validation checks on data shared for creation of Vendor, Customer and Material Master to build robust processes
• Improve MDO Fuse workflows to build better controls and approvals
• Train users and onboard them to MDO Fuse
• Take Initiatives to automate and standardise processes across markets to build better controls
• Ensure that master data management practices align with financial regulations, industry standards, and internal policies.
• Generate reports and conduct data analysis to monitor master data quality, accuracy, compliance, and performance.
• Assist in analyzing discrepancies and variances in master data, investigating root causes, and suggesting corrective actions.
• Provide accurate and well-organized data during internal and external audits, ensuring compliance and transparency.
• Assist in projects for SAP Implementation in new SAP instances and plant codes creation

2. Process improvement
• Collaborate with the Master Data Manager and cross-functional teams to identify MDM process improvements and assist in the implementation of data-related enhancements.
• Stay updated on industry trends, master data tools, and data management best practices to enhance skills and contribute to MDM process enhancement.
• Maintain and improve internal controls

Who will you partner with?
Your manager
You will report to Manager - Master-Data-Management (MDM).

Your team
You will have the opportunity to work with and learn from the colleagues of other finance processes in the Shared Service Center.

Other partners

• Internal: Finance and business teams across various business markets & other business functions
• External: Auditors

Who are we looking for?

Key Skills
Technical Skills
• Proficiency in using SAP S/4HANA mandatory. Familiarity with MDO Fuse and SAP MDM will be a plus.
• Familiarity with reporting tools such as Tableau, Power BI, QlikSense, Alteryx or other data visualization platforms to create clear and informative reports for stakeholders.
• Excellent command of Microsoft Excel, including pivot tables, complex formulas, and data manipulation techniques to facilitate financial analysis and reporting.
• Working knowledge of basic accounting practices, legalities and financial reporting requirements.

Soft Skills

• Candidate should be well versed in English. Proficiency in Bahasa/Portuguese/Spanish will be a plus.
• Strong attention to detail, accuracy, and commitment to data integrity.
• Excellent analytical and problem-solving skills to identify issues and propose solutions.
• Effective communication skills to interact with various stakeholders, including finance teams, auditors, and management.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Team player with the capability to collaborate across departments, geographies, and cultures. Proactive attitude towards process improvement and the ability to drive change.

Education
• Bachelor's degree in Finance, Accounting, Information Systems, Data Management, Computer Science or a related field.
• A professional accounting designation or certification is a plus.
Experience

• 7 to 10 years of experience in master data management or a similar role within a finance or accounting function is required.
• Experience of working in a financial shared services environment is preferred but not mandatory.
• Proven track record of process improvement and optimization initiatives within financial data management/closure activities or related financial processes will be advantageous.

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