AR Process Expert

H&M is a fashion brand that offers the latest styles and inspiration, from fashion pieces and unique designer collaborations to affordable wardrobe essentials. Our business idea is fashion & quality at the best price in a sustainable way.  Learn more about H&M here. 

Act as the subject matter expert (SME) for a specific process and closely collaborate with Global Process Owner and Process Lead to evaluate the efficiency of the process, identify inconsistencies and revise processing techniques (e.g. automation) as needed to improve AR processes and maximize productivity.

responsibilities, including performance management and salary conversations.
Key Responsibilities:
 

• Secure Accounting processes (Work in a process-orientated manner and around automization to secure Accounting processes, catch and resolve exception cases)
• Administer and follow-up IT incidents occurring in the AR processes
• Analyse (Work with automated data outputs, analyse, align with stakeholders and submit for handling)
• Balance sheet / Accounts receivables reconciliations and reporting
• Bank management (Responsible for omni bank accounts – reconciliation, transfers, approval of outgoing payment files)
• Closing activities and valuations (Month and year end reconciliations)
• Billing management (including set up of customer master data and manage dunning processes for B2B customers)
• Support B2B partners in billing related matters
• Handling of second line customer queries
• Supports team in complex client cases or issues
• Monitor AR processes, supported by RPA, and perform issue resolution as required
• Support audit, global/regional/local
• Act as subject matter expert (SME) for process documentation of your specific process (e.g. AR Bank, Closing, Process India etc.)
• Sets and oversees the maintenance of the specific SSC AR process following global policies and standards and monitors adherence
• Get understanding of stakeholders’ requirement, collecting data, delivering analysis, problem resolution and support recommending options
• Identify process specific improvement initiatives, analyze and present business case to support prioritization of development
• Educate the SSC AR team members in terms of processes and technology
• Stakeholder management with Business Tech and AM and assess the impact of new products / product changes on AR activities
• Support tech to define requirements and dependencies for automated solutions that meet regulatory requirements

• University-level education within Accounting/Bus Admin/Economics/System engineering or equivalent experience
• Accounting skills, +5 years of relevant work experience (Sales/billing procedures, Intercompany transactions and business models, VAT, legal reporting, CoA navigation/application, Accounts Receivables, Payment reconciliation, Banking, Closing, Analysis and Audit)
• Communicative in English (written and oral)
• Ability to train in, co-ordinate, plan and lead activities
• Good knowledge of SAP ECC
• Analytical; skilled in securing the accuracy of financial data and resolving discrepancies
• Profound process competence (system/process knowhow/technical skills, basic understanding of integrations and comfortable in solution template responsibility and working in an IT landscape/environment)
• Excel skills within data analysis/reconciliations (indexes, lookups, pivot tables)
• Good understanding of legal obligations/laws for reporting of sales – globally and/or locally/domestically
• Basic understanding of RPA
• Work experience within Accounting/Accounts Receivables within a global B2C digital sales environment
• Work experience within B2B billing management
• Experience in managing AR store processes within a global environment
• Banking experience (Outgoing payment processing and integrations)
• Experience of SAP ECC – FI-CO, FI-CA, Sales & Distribution (SD), POS CAR, Business Warehouse (BW)
• Documented experience of process development
• Experience of incident/change management
• It is an advantage to have experience of/expertise within key (business critical) subject matter such as - India online sales, sales on external platforms, fiscal reporting i.e e-Invoicing, SAFT reporting and sales tax US/CA/IN

This is a full-time position based in Bangalore. 

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