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)
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NOTE: ATS-compliant CV is MANDATORY!
https://jobs.iffco.com/job/Process-Lead-Recon_Recon-Shared-Services-Finance01/1163874601/
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