Finance Master Data Management Specialist

Company Overview

Company information is currently not specified.

Job Summary

The Finance Master Data Management Specialist plays a critical role in managing, maintaining, and ensuring the integrity of finance-related master data within the organization. This position supports the finance team's decision-making processes by ensuring that all financial master data is accurate, complete, and in compliance with organizational policies.

Responsibilities

• Data Maintenance: Update and maintain finance master data records (Chart of accounts, Profit Centers, and Cost Centers) in the database as per ABB policy.
• Data Quality Assurance: Perform regular data audits and validations to ensure the accuracy, completeness, and consistency of finance master data. Identify and rectify any data discrepancies or errors.
• Data Governance: Implement and enforce data governance policies and procedures related to finance master data laid down by ABB.
• Data Integration: Collaborate with cross-functional teams to integrate finance master data across various systems and platforms, ensuring data consistency and synchronization.
• Data Reporting and Analysis: Generate reports and provide insights on finance master data metrics, trends, and patterns to support decision-making processes.
• Process Improvement: Identify areas for process improvement related to finance master data management. Propose and implement solutions to enhance data quality, efficiency, and accuracy.
• Training and Documentation: Develop and deliver training materials and documentation related to finance master data management processes and best practices.

Qualifications

• Education: Bachelor’s degree in Finance, Business Administration, or a related field.
• Technical Skills: Expertise in data management, financial databases, and related software.
• Attention to Detail: Strong analytical skills to identify and correct data discrepancies.
• Communication Skills: Excellent verbal and written communication skills to effectively train and engage with team members and stakeholders.
• Problem Solving: Ability to propose solutions for data management process improvements.
• Governance Knowledge: Familiarity with data governance principles and practices.

Preferred Skills

• Experience with data integration tools and methodologies.
• Understanding of finance principles and master data management best practices.
• Proficiency in data visualization tools for reporting purposes.

Experience

• Prior experience in finance data management or a related role is preferred, specific years of experience are not specified.

Environment

Details regarding the typical work setting, location (remote, in-office, hybrid), and physical conditions are currently not specified.

Salary

Salary details are currently not specified.

Growth Opportunities

Information regarding potential career advancement opportunities within the company is not specified.

Benefits

Details of offered benefits such as insurance, paid leave, work policies, etc., are not specified.