Job Responsibilities
This position is responsible for overview control over credit management, order and AR management for channel MT to ensure timely, accurate and cost- effective financial and management reporting system in accordance with SPVB policy and local requirements. Provide stewardship of assets, operations and financial compliances by assessing risks and designing processes and controls for total Order to Cash- MT (incl. CDA, MEM, and AR management) to deliver key financial KPIs, mainly Revenue, AR and Cash flow.
Be responsible for the application of accounting policies into transactional processes. (Correct accounting for each transaction)
Work as a Control Owner for a subset of controls capable of performing "Show- me tell me" with CO as part of the process
Articulates applicable corporate policies and standards
Identify mitigating controls for significant ineffective controls
Clearly articulate how key activities in their role effectively mitigate risk
Identify inefficiencies in process and drive change management to make a process more effective
Understanding of closing process and reporting requirements
Speaks the language of GCS when describing Risk Management activities
Financial and Operating Control
Accounting & Tax- ACCOUNTING
Business Risk Assessment & Management
Generate accurate, timely reporting and information for external or corporate compliance purposes
Ability to analyst financial reports and results as well as variances within accounts.
Knowledge of local statutory reporting requirements and relationships to US GAAP, understanding of translation process from local to US GAAP for a particular account or sets of account
Extensive understanding of functional process streams incl. S2C, CDA, Credit policy, AR management in customer credit rating, credit supply approval, credit risks, aging AR report, collections, manual release, timely provision and bad debt prevention/collection and ability to assess risks and provide recommendations to mitigate risks.
Relates business process and controls with business goals and corporate policies and standards
Articulate other key control activities and business risks within the same business process
Financial Process Management
Perform process or control within Credit policy, Credit management, Order and AR management with minimal supervision.
Financial Reporting
Generate relevant, accurate, timely reporting for management’s use in understanding the state of the business
Actively participate in the Risk Assessment process
Define SMART remediation plans and timely implement
Prepare accounting schedules supporting management requirements and decisions
Identify whether a control activity fully mitigates the risk it covers
Able to be quantifying the potential impact of ineffective controls
Knowledge of US and local statutory GAAP as applied to internal / external reporting requirements
