Manager Finance (ar, Reconciliation Shared Services)

United Arab Emirates, United Arab Emirates

Job Description

Job Summary

Manage & lead the Reconciliation team to ensure on time and accurate delivery of Reconciliations (Bank, Intercompany, Supplier, Customer & VAT) related business processes and services for all Business Units of IFFCO Group within the scope of SSC Finance.

Roles & Responsibilities
  • Ensure smooth and timely processing of all reconciliation defined in the SLA
  • Report SLA and/or other risk control breaches to the team-head for timely investigation and escalation
  • Strictly follow SOPs in daily/weekly/monthly reconciliation
  • Follow up/Escalate with responsible business units on outstanding breaks according to internal procedure
  • Ensure that proper accounting entries are made on the basis of COA ;
  • Ensure that proper accounting entries are made on the basis of COA ;
  • Bring industry best and latest practices for Reconciliaton process
  • Experience of working on Digital Transformation / improvemments in Recon - OCR / RPA deployment
KPIs
  • Reconciliaiton open items (Zero
30 days) * Ensuring coverage of 90% of reconciliaiton through system reconciliaiton
  • 100% accuracy in reconciliation
  • 100% TAT in completing all reconciliations (Intercompany and Bank)
  • Scrutiny on Bank masters periodically
Work experience requirement

Experience in managing F&A teams in a shared service / BPO setup for 6-8 years

Qualification
  • Bachelor Degree in Commerce
  • Worked on Oracle
Competencies

Customer Centricity

Self and Team Management

Credit control

Financial Compliance

Financial Operations

Financial Transaction Processing

Planning & Decision Making

Accounting Standards and Practices

Communicating effectively

Ownership & Result Orientation

Business Unit: Corporate-Finance (4198)

Business Group: Finance (234)

IFFCO

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Job Detail

  • Job Id
    JD1644539
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    United Arab Emirates, United Arab Emirates
  • Education
    Not mentioned