Master Data Management Leader

I. RESPONSIBILITY

1. Master Data Governance:

• Develop and enforce data governance policies and procedures for financial master data
• Establish data standards, definitions, and processes to ensure consistency across all entities.
• Collaborate with cross-functional teams to align data management practices with business needs.

2. Data Quality Management:

• Lead efforts to monitor and improve the quality of financial master data, including accuracy, completeness, and timeliness.
• Implement data validation and cleansing processes to detect and correct data anomalies.
• Conduct regular audits to ensure data integrity across all financial systems.

3. Master Data Maintenance

• Oversee the creation, update, and deactivation of master data records, including vendor, customer, and product data.
• Ensure that all master data changes are properly documented and approved according to established protocols.
• Manage the data lifecycle to support business operations and financial reporting requirements

4. System and Process Improvement

• Identify opportunities to enhance master data management processes and tools, driving automation and efficiency.
• Collaborate with IT to implement system enhancements, upgrades, or new data management solutions.
• Lead projects related to the integration of new systems or business acquisitions, ensuring seamless data integration.

5. Team Leadership:

• Manage a team of master data analysts, providing guidance, training, and development opportunities.
• Foster a culture of data accuracy, attention to detail, and continuous improvement within the team.
• Coordinate with other departments to ensure the alignment of data management activities with broader business goals.

6. Compliance and Reporting:

• Ensure compliance with internal controls, and external regulatory standards related to financial data.
• Prepare and present reports on data management activities, data quality metrics, and improvement initiatives to senior management.
• Serve as the primary point of contact for internal and external audits related to financial master data.

7. Stakeholder Engagement:

• Act as the liaison between the accounting department and other business units, ensuring that master data supports operational and strategic objectives.
• Communicate effectively with stakeholders to address data-related issues and drive data-driven decision-making.
• Provide training and support to end-users on data management policies, tools, and best practices.

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II. REQUIREMENTS

- Bachelor’s degree in Accounting, Finance, Information Systems, or a related field. A Master’s degree or relevant certification (e.g., CPA, CMA, PMP) is preferred.

• Skills

- Leadership Skills: Proven experience in leading teams, managing projects, and driving process improvements.

- Communication Skills: Strong verbal and written communication skills, with the ability to present complex data issues to non-technical audiences.

- Analytical Skills: Strong problem-solving abilities and attention to detail, with the capability to analyze data and provide actionable insights.

- Strong communication and interpersonal skills, with the ability to manage relationships with banks and financial institutions.

III. Experience 

• At least 7-10 years of experience in data management, accounting, or finance, with a strong focus on master data governance and quality.
• Proficiency in ERP systems (e.g., SAP, Oracle), data management tools, and Excel. Familiarity with data analysis and reporting software

• Qualification: Bachelor
• Age: Unlimited
• Job type: Permanent