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Senior Executive - Master-Data-Management

Senior Executive - Master-Data-Management

ScaleneWorksMumbai, Maharashtra, India
30+ days ago
Job type
  • Quick Apply
Job description

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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Senior Executive • Mumbai, Maharashtra, India

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