✨ AI Summary
As an O2C Senior Manager in the Group Finance Shared Service Centre (FSSC), this role focuses on supporting and managing the day-to-day activities of the Order-to-Cash (O2C) function, ensuring compliance with organizational policies and procedures, and mitigating risks. The position provides financial support in Accounts Receivable and Revenue areas, acting as a finance business partner to various teams. Responsibilities include assisting with budgets, forecasts, and long-term plans, controlling the billing process, analyzing tenant financial data, and developing customized reports. The role ensures efficient and effective operation of AR and revenue processes, supports regional financial reporting, and maintains proper segregation of duties.
Key duties also involve reconciling GL control accounts, performing O2C account reconciliations, and liaising with internal and external auditors. The Senior Manager will review lease data, manage the monthly closing checklist, ensure accurate calculation of Doubtful Debts Provision, and identify process standardization and improvement initiatives. Additionally, the role involves reviewing statements of account, tenant refunds, and assisting with new financial system implementations. A critical aspect is managing, guiding, and mentoring the reporting team, reviewing ECL reports, and fostering an honest, collaborative, and supportive work environment.
Requirements
The role requires financial support in Accounts Receivable and Revenues, including budgeting, forecasting, and long-term planning. Key responsibilities involve managing the billing process, analyzing tenant performance data, ensuring efficient AR and revenue operations, and reconciling GL control accounts. The position also involves liaising with auditors, reviewing lease data, managing doubtful debts provision, and leading process improvement initiatives. A significant part of the role includes managing, guiding, and mentoring the reporting team.
Description
Job Purpose:As an O2C Senior Manager in Group Finance Shares Service Centre (FSSC), the role will focus on supporting and managing the day-to-day activities of the O2C function whilst complying with organization's policies and procedures and ensuring necessary checks and balances to mitigate risks:Key Responsibilties:Provide financial support in Accounts Receivable and Revenues area to Asset Management, Property Services, BU and Leasing teams and act as a finance business partner in this regard.Provide necessary support to Asset Management teams in preparation of budgets, forecasts and long-term plans; through rationalization, validation, and verification of tenant revenue figures and balances.Have proper control over billing process ensuring timely and accurate generation of A/R invoices.Analyze all tenant performance/rent related financial data and develop customized reports pertaining to benchmarking, key performance indicators, analysis of revenues, tenant sales to rent ratio etc. for senior management review.Ensure accounts receivable and revenue processes are operated efficiently and effectively, and support business units activities in relation to those processes.Support the region on all AR and Revenues special requirements of financial reporting and analysis as and when required.Always ensure proper segregation of duties in connection with Accounts Receivable accounting and collections (cash as well as post and current dated cheques/letter of Guarantees)Run accounts receivable and revenue related integrity reports on monthly basis and ensure no issues are outstanding.Reconcile GL control accounts relating to accounts receivable and revenue on regular basis and ensure correct and accurate balances.Perform monthly / periodic reconciliation and substantiation of O2C accounts and highlight exceptions and related risks to the BusinessLiaise with internal and external auditors with matters related to accounts receivable and revenue and ensure timely implementation of audit recommendations.Review lease data, signed lease agreements and billing request before processing in the accounting systemEstablish, maintain, and update accounts receivable and revenue monthly closing check list and ensure Revenue accounting team adheres to the same.Ensure proper calculation and recording of Doubtful Debts Provision on monthly basis in compliance with applicable financial policies and procedures.Identify and support process standardization and improvement initiatives to improve efficiency and quality of reporting for FSSC O2C processesReview and approve all tenants statement of account as and when required.Review all tenants refunds ensuring compliance with lease agreements and the company's financial policies and procedures.Provide required assistance in implementation of new financial systems, interfaces, and/or system improvement as well as similar initiatives.Manage, guide and mentor the team reporting into and take full responsibility in identifying potential talent and timely supporting professional development.Review ECL monthly report and the misstatement figures before sharing it with the BULead by example – thrive to create an honest and open work environment where individuals collaborate /support each other as a team and are passionate to achieve a common business objective.