Finance Master Data Specialist
Finance Master Data Specialist
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1 Vacancy
Job Description
Finance Master Data Specialist
Function and Department
The Finance Master Data Specialist position is a function part of the Finance Operations Department that services both the Procure to Pay (P2P) and Order to Cash (O2C) Finance teams.
Position Description
In this position you will report locally to the Senior Finance Operations Specialist located in Cluj and functionally to the respective Finance Operations Manager located in Rotterdam. You will be part of the Finance Master Data and Invoicing team.
The Finance Master Data and Invoicing team is responsible for the accuracy of Master data in SAP (customers and suppliers) its linking and maintenance in relation to the operational systems across the group and the completeness of customer invoicing.
The portfolio of customers and suppliers is internationally oriented and involves services provided to all the group companies.
Major Areas of Responsibility
The Finance Master Data role has 3 main focal points:
- Business partners accounts maintenance and control which entails:
- Creation and update of customers suppliers and other related parties
- Master data settings for customer credit limits and invoicing
- Master data settings for suppliers payments
- Auditing to assess quality and efforts required for cleansing records
- Credit and operational risk reduction following finance and procurement due diligence processes
- Administrative support on billing customers and/or vendors
- Cleaning of the database and implementing best practices on credit control and fraud prevention
The Finance Master Data Specialist position will be involved with all the above.
Specific Responsibilities of the Job
- Create and maintain accurate master data for customers suppliers and other purposes (such as for Intercompany or other Finance related settings in SAP).
- Execute timely master data change requests as received while adhering to the established business process financial due diligence and service level agreements.
- Act as focal point for internal client groups and build support and understanding independently. While promoting accurate data and process efficiency for the finance master data processes and due diligence.
- Proactively perform regular data audits to assure accuracy of all finance master data in SAP and followup with corrective measures when needed.
- Identify errors created by misuse of finance master data and ensure steps are taken to correct it both on the customer and supplier sides in SAP or operational systems.
- Assist the billing administrators with the daily Einvoicing process customer selfbilling and miscellaneous invoicing when required. This could be a backup function.
- Expected and planned improvements can be achieved with the further implementation of automation/robotics where the Finance Master Data Specialist has an important role in the definition of content and process improvements.
Knowledge and Skills
- Experience in complex finance or operational master data setups with different legal entities sales organizations etc.
- Capable of performing repetitive tasks with accuracy while at the same time overseeing the overall process end to end
- Can perform analysis of big data either using Excel or Business Intelligence tools to perform audits to large data sets
- Ability to integrate an international organization with colleagues spread in different locations with different cultures and still work as part of the team.
- The function requires selfinitiative and people skills to deal with the explaining and follow through of finance policies to sales and operations colleagues
Education and Experience
- A Financial Economics or Data management diploma
- Preference of at least 3 years of experience
- Familiar with administrative work
- Previous experience with SAP is valued
Languages
Fluency in English both verbally and writing is mandatory due to the international working environment.
Employment Type
Full Time
