Financial Process Management
• Relates business process and controls with business goals and Corporate policies and standards, articulates applicable corporate policies and standards to operational control
• Develop policies, procedures and design/ roll out best practice tools which improve consistency; accuracy, timeliness and cost effectiveness of financial transaction processing and reporting system (MEC, monthly BSR [Balance Sheet Review], OR [Operation Review]…)
• Design and monitor the implementation of effective control over Sales order Management, Credit Management & AR Collections including Overdue/ Bad debt follow up process and accounting treatment… via S2C standard operating procedure, Risk Control matrix, Credit policy…
• In tune with Sales partners to support the decision making by advising the financial and control implications to increase cost effectiveness and process enhancements and drive business growth in a sustainable way.
Financial and Operating Control
• Oversee daily operations of Sales Order, Credit and AR management in compliance with Credit Policy, internal process, law and other legislations….to ensure timely, accurate and effective control of the related financial process and reporting KPIs, incl Revenue, D&A/S&D [Discount & Allowance/ Sales & Distribution cost], WC/ OCF [Working Capital/ Operating Cash flow], AR/ DSO [Day sale outstanding]...
• Oversee E- invoice management in compliance with Tax, accounting standards and other legislation
• Monitor, follow up 3PL performance over the completion of service delivery and implement proactive AR reconciliation with VIP customers to safeguard the AR collection right
• Review credit risk/ authorize credit limit for all customers and manual Sales order release in line with risk management framework.
• Apply intensive knowledge of Company End to End process as well as Commercial acumen to resolve complex issues and guide others toward compliance ownership.
Business Risk Assessment & Management
• Lead risk assessment process in defined scope, ensure new and non- routine risks and the impact of potential business changes are included in risk assessments
• Design effective controls over identified risks and influence business partners toward risk management framework, internal control environment
• Coordinate and prioritize remediation plan to mitigate audit findings
• Certify that process documentation, risk assessments and associated control design are complete and valid
Organization and capability building
• Define and build bench strength for sustainable organization
• Develop team capability through effective training, coaching, best practice sharing and rotation
