Role: Manages order-to-collection cycle globally. Responsible consistency and compliance with corporate requirements and local accounting standards; provides financial guidance and advice to division management consistent with overall financial policy.
Job Spec
Scope:
· Position leads and supports The Client Company’s “Order-to-Collection” CoE and responsible for following processes / functions globally:
· Pricing /Sales Quotation support
· Contract Management
· Pipeline Processing
· Customer Credit
· Invoicing
· Revenue Recognition
· Receivables
· Collections
· Cash Application
· Adjustments – credits / debits
· Cash reporting / analytics
Required:
· Past experience in leading order-to-collection processes/ functions for large multi-country organization
· Expert knowledge of in OTC cycle process.
· Experience in leading OTC functions in shared service environment of ~100 FTEs covering 20+ countries
· Comprehensive understanding of GAAP finance and accounting concepts, principles, practices and procedures
· Must have operated in global ERP system environment
· Bachelors degree in Accounting
· Certified Accounting designation (CPA / Chartered Accountant)
· 10+ years experience in accounting / finance field
· Six Sigma Green Belt certification during first year with desire to become a Black Belt
· Proven experience in management and large multi-location team leadership
Desired:
· MBA
· Public Accounting experience
· Experience with project management and process improvement
· Experience working in an outsourced environment a plus
· Experience in OTC processes in service industry will be a plus
Accountabilities | · Report accurate, timely and consistent financial statements in accordance with local accounting standards, statutory requirements and company policies and procedures. Maintain the integrity of the general ledger for the COE accounts. · Support/coordinate a strong internal control environment. Coordinate all SOX, external audit and internal audit activities for responsible COE process stream. · Responsible for the coordination and implementation of standardized, Accounting Policy and Procedures, except where required by statutory requirements, and their alignment with any Corporate Policy and Procedures. · Evaluate processes to access and ensure efficiency and compliance with applicable government regulations, professional standards, and company policies. · Responsible for continuous improvement processes within function. Partner with the business to perform and review processes and practices, identifying opportunities for improvement. · Exercise good interpersonal skills due to the array of skill levels, staff size, and broad responsibilities. · Execute Client high performing organizational model, where associates are hired, trained, developed and highest level of performance is rewarded, and lowest level is made redundant · Support ongoing system maintenance, upgrades and enhancements of the financial systems that impact the COE (general ledger and support systems) and related reporting. Including, evaluating up and downstream implications of the impact to ensure most effective overall process is in place. · Integrate new business acquisitions. · As appropriate, lead and/or play a key role in ad hoc initiatives/project teams. |
For further details or to apply for the same please get in touch with tharunaprabhaa@vertxsolutions.net