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Manager - Finance (Ar, Reconciliation Shared
6 months ago
**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)
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