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Accounts Receivable Master Data Analyst
3 months ago
The Accounts Receivable Master Data Analyst is responsible for managing and maintaining the integrity of the accounts receivable master data within the systems. This role ensures that customer data is accurate, up-to-date, and compliant with company policies and regulatory requirements. The analyst will collaborate with various departments, including finance, sales, and IT, to optimize data processes and support the overall financial operations.
**Key Responsibilities**:
- ** Master Data Management**:
- Create, update, and maintain accounts receivable master data in the systems.
- Ensure data accuracy and integrity by conducting regular audits and data cleansing activities.
- Establish and enforce data entry standards and procedures.
- ** Data Analysis and Reporting**:
- Analyze accounts receivable data to identify trends, discrepancies, and areas for improvement.
- Generate regular and ad-hoc reports for management and other stakeholders.
- Provide insights and recommendations based on data analysis to support decision-making.
- ** Process Improvement**:
- Identify opportunities to streamline and automate accounts receivable processes.
- Collaborate with IT and other departments to implement system enhancements and process improvements.
- Develop and maintain documentation for data management processes and procedures.
- ** Compliance and Control**:
- Ensure compliance with company policies, industry standards, and regulatory requirements related to accounts receivable data.
- Participate in internal and external audits by providing necessary data and documentation.
- Implement and monitor internal controls to safeguard data integrity.
- ** Stakeholder Collaboration**:
- Work closely with finance, sales, customer service, and IT departments to resolve data issues and support business operations.
- Train and support users on accounts receivable master data management processes and systems.
- Serve as a point of contact for accounts receivable data-related inquiries and issues.
**Qualifications**:
- ** Education**:
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- ** Experience**:
- Minimum of 3 years of experience in accounts receivable, master data management, or a related role.
- Experience with ERP and CRM systems (e.g., Netsuite, Oracle, Salesforce) and data management tools.
- ** Skills**:
- Strong analytical and problem-solving skills.
- Proficiency in Microsoft Excel and other data analysis tools.
- Excellent attention to detail and organizational skills.
- Strong communication and interpersonal skills.
- Ability to work independently and as part of a team.
- ** Certifications**:
- Certification in data management or a related field is a plus.
- ** Technical Proficiency**:
- Advanced knowledge of accounts receivable processes and financial systems.
- Familiarity with data governance and data quality principles.
- ** Analytical Thinking**:
- Ability to analyze complex data sets and identify patterns and insights.
- Strong critical thinking skills to evaluate and improve processes.
- ** Communication**:
- Effective verbal and written communication skills.
- Ability to convey technical information to non-technical stakeholders.
- ** Detail Orientation**:
- High level of accuracy in managing and analyzing data.
- Thoroughness in documentation and process adherence.
