What you will doMonth End Controlling

• Perform a pre-closing balance sheet review in conjunction with the FSSC team to identify any accounting anomalies to be cleared before the book closure
• Support in the monthly accrual process to ensure adequate accruals have been taken for the BU
• Ensure the balance sheet lines are correctly reflecting their balances to avoid Net debit/credit balance misstatements or any negative Balances in Asset lines. Inform FSSC of any errors to correct
• Ensure the bank balance reconciliations provided by FSSC throughout the month match the bank statements - advise on any rectification entries to be passed
• Ensure all leasing accounting entries have been passed and check all lease renewals/modifications have been carried out by the FSSC team
• Support driving any clearing of Balance sheet reconciliations identified post previous month-end closing
• Support document retention compliance process in all BUs being managed

Balance Sheet Reviews

• Complete random audits of workflow to ensure that all accounting transactions are appropriately authorized and executed
• Regular review of Balance Sheet schedules provided by FSSC and driving resolution of misstatements/unreconciled open items in GLs
• Ensure timely submission of Balance sheet substantiation to group finance
• Advise any reclassifications required to be passed by FSSC in the next monthly closing system
• Support the review of SAP to BPC reconciliation every month and minimize the entries posted in BPC
• Support the review of any audit adjustment entries being passed to ensure opening balances are correctly stated

BU Controlling/ Support to FSSC

• Help support the Central Division I2P lead on any AP-related matter not getting resolved (GRIR Clearing / Open Vendor reconciliations / Missing invoices / Missing SOA)
• Drive policy-compliant PO release strategy and establish DoA compliance for Non-PO invoices
• Drive review of Open POs, timely closure & deletion of POs or open line items
• Help in resolving unidentified & unallocated collections/credits in banks in conjunction with the FSSC O2C team by being the main point of contact between the FSSC and the Commercial team
• Help & resolve compliance issues escalated by FSSC

Internal Audit

• Ensure all Internal Audit reports are tracked, responded to, and recommendations are implemented in conjunction with the Operational P&C Team

Automation/ Process Improvement

• Support the streamlining of the finance process through automation where possible
• Support on Implementation of standard operating processes and practice
• Support any escalations related to DoA/policy compliance
• Drive resolution of matters highlighted by Group Finance/FSSC
• Liaise with the concerned team and communicate the closure of stores & company codes

Bayt