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Role Purpose
The Transactional Finance Clerk plays a critical role in supporting the transactional finance function by ensuring the accuracy, consistency, and integrity of customer and vendor master data, as well as the timely and efficient allocation of incoming payments. This position is responsible for maintaining clean and compliant data records, resolving discrepancies, and contributing to the smooth operation of financial processes. The role involves close collaboration with internal departments and external stakeholders to enhance data quality, support financial operations, and drive continuous process improvements.
Main Duties
Customer & Vendor Master Data Management
Utilise SAP to process and execute requests for creation, updates, and deactivation of customer and vendor records.
Ensure compliance with internal controls, data governance policies, and external regulations.
Collaborate with Suppliers, Customers, Business units, Sales, and Finance teams to validate and align master data.
Maintain documentation for master data processes and support audits.
Monitor data quality and consistency, identifying and resolving discrepancies.
Support implementation of master data standards and continuous improvement initiatives.
Cash Allocation
Use SAP to accurately post incoming payments to customer accounts.
Investigate and resolve unapplied cash, payment discrepancies, and account queries.
Liaise with the business units, customers/suppliers and transactional teams to ensure correct application of payments.
Maintain records for audit purposes, including remittance advice and bank statements.
Reconcile daily cash batches and support month-end close activities.
Work in developing and refining cash application processes and reporting.
General Transactional Support
Assist with other ad hoc transactional finance activities and cover as required.
Support internal and external audit.
Maintain documentation and records in accordance with company policies and regulatory requirements.
What You Bring:
Key Competencies and Skills:
Strong organisational and time management abilities, with a proven capacity to manage multiple tasks and meet deadlines in a fast-paced environment.
Demonstrated experience in transactional finance, with specific exposure to master data management and cash allocation processes.
Proficient in ERP systems preferably, SAP with strong working knowledge of Microsoft Excel and other Office applications.
Exceptional attention to detail and a commitment to maintaining data accuracy and integrity.
Excellent communication and interpersonal skills, with the ability to engage effectively with stakeholders at all levels.
Capable of working independently and collaboratively, showing initiative and a willingness to learn and adapt.
Education and Experience:
Experience in a Shared Services or Finance function is preferable, ideally with exposure to master data and AR processes
Strong analytical skills and attention to detail and accuracy.
Hands-on experience with SAP is preferable.
Previous experience in accounts receivable or master data management.
* Familiarity with financial systems and data governance practices.
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