Master Data Specialist
HR departmentBangalore, 560008 in (primary)Update time: May 24,2023
Job Description

 

Job Description 

  • Title: Master Data Specialist 

  • Reporting To: Master Data Lead  

  • Location: Bangalore, India 

 

RWS 

 

RWS Holdings plc is a unique, world-leading provider of technology-enabled language, content, and intellectual property services. Through content transformation and multilingual data analysis, our unique combination of technology and cultural expertise helps our clients to grow by ensuring they are understood anywhere, in any language.   

 

Our purpose is unlocking global understanding. By combining cultural understanding, client understanding and technical understanding, our services and technology assist our clients to acquire and retain customers, deliver engaging user experiences, maintain compliance, and gain actionable insights into their data and content.   

 

We work with over 80% of the world’s top 100 brands, more than three-quarters of Fortune’s 20 ‘Most Admired Companies’ and almost all of the top pharmaceutical companies, investment banks, law firms and patent filers. Our client base spans Europe, Asia Pacific and North and South America. Our 65+ global locations across five continents service clients in the automotive, chemical, financial, legal, medical, pharmaceutical, technology and telecommunications sectors.   

 

Founded in 1958, RWS is headquartered in the UK and publicly listed on AIM, the London Stock Exchange regulated market (RWS.L).   

 

For further information, please visit: RWS   

 

About Group Finance 

 

In joining RWS’s Finance team you will be a critical part of supporting a listed world-leading provider of technology-enabled language, content, and intellectual property services. RWS has growing revenues of over £750m through a combination of value accretive acquisitions and organic growth. Group finance, led by our Group CFO; Candy Davies, includes diverse teams across the globe operating in functions including business partnering, operational finance, specialist, and group functions. We cover a footprint of over 100 legal entities in 43 different countries worldwide.   

   

It’s a very exciting time to join RWS Finance for an individual who enjoys change and making an impact! As part of the overall RWS business strategy we are making a significant investment in upgrading our financial systems and processes to deliver enhanced reporting and control, more efficient processing enabling great value through enhanced business partnering and decision support.  

 

 

 

 

Job Purpose 

 

In this role you will be responsible for the creation and maintenance of Master Data that is required for finance processes and is leveraged by cross-functional teams including, but not limited to, Accounting, Accounts Receivable, Invoicing, Accounts Payable, Collections, and Reporting. The role requires working closely with both Finance process users and everyday system users to create and maintain data at the expected service and quality levels. 

 

Key Responsibilities 

 

  • Work with Accounting, Customer, Supplier & Vendor Master Data 

  • Collate and action requests for data creation and maintenance 

  • Maintain chart of accounts (including GL, cost centres and entities), other accounting master data objects, customer records and contracts data 

  • Apply subject matter knowledge to improve Master Data Management processes including, but not limited to, maintenance of chart of accounts, setting up new customers in system, enabling customers and vendors on invoicing and procurement portals 

  • Perform Master Data tasks with accuracy and completeness, for example, to always enter and maintain complete and comprehensive details in the systems 

  • Continually own and maintain required standard data documentation e.g., data dictionaries 

  • Apply a degree of independent decision-making in dealing with complex business and/or technical issues 

 

  • Collaborate with cross-functionals teams across various levels 

  • Establish stable working relationships within Master Data team and with other departments/team members to ensure smooth ways of working and delivery of Master Data activities 

  • Share expertise with colleagues and other teams 

  • Anticipate data needs of other teams and proactively seek to respond / create solutions in advance of requests 

  • Collaborate with Finance process owners to adapt best practices and standards 

  • Collaborate with IT and Data & Analytics teams on data structures and data strategy 

  • Collaborate with other stakeholders to provide required data points 

 

  • Ensure data compliance & integrity 

  • Complete all required training and adhere to company compliance policies & procedures 

  • Abide by data quality audits, policies, controls, documentation of controls and procedures for good organisational data health 

  • Create reports and provide inputs for frequent and accurate reporting on data input, cleansing and maintenance activity to accurately monitor implementation of Master Data maintenance strategy and compliance with company policies and regulation 

 

 

 

  • Apply quality control 

  • Run reports to assess data quality and contribute to any testing & development in support of data quality improvement initiatives 

  • Validate data integrity during any data transformation and loading activities 

  • Analyse and monitor business processes that create erroneous data to support remediation of issues 

  • Operate in line with robust and effective internal controls across all master data processes 

 

Skills & Experience 

 

  • Strong data literacy and knowledge of core finance systems, ERP, and integrations 

  • Professional IT experience working with data solutions  

  • Advanced Excel skills to process data and perform analysis, with a proven aptitude to interpret financial data  

  • Strong understanding of Master Data Management business processes 

  • Ability to collect, process, prioritise and action a large volume of requests and transactions in an organisation’s Master Data systems 

  • Demonstrate strong attention to detail and accuracy 

  • High digital acumen and the ability to understand finance systems’ data handling, data structures and the impact on / integration with other systems 

  • Effective communication and collaboration skills to capture requirements and feedback regular updates 

  • Knowledge of and ability to execute leading practice data risk & controls procedures to meet regulatory requirements 

  • Ability to work in a fast-moving environment with a proactive approach, accustomed to working towards tight deadlines whilst maintaining quality of work 

  • Ability to liaise with business stakeholders independently and/or in groups to develop new master data elements 

 

Beneficial to have: 

  • Bachelor’s Degree (or equivalent) in Computer Science, Engineering, Information Systems, Information Technology, Business Analytics, Finance, or Accounting  

  • Experience with Microsoft Dynamics 

  • Regular use and familiarity with databases and data systems 

  • Experience in Finance process areas and proven ability to effectively navigate across Record to Report, Procure to Pay, and Order to Cash disciplines 

 

 

Life at RWS - If you like the idea of working with smart people who are passionate about breaking down language barriers and giving back to their communities, then you’ll love life at RWS.  

  

Our purpose is to unlock global understanding. This means our work fundamentally recognizes the value of every language and culture. So, we celebrate difference, we are inclusive and believe that diversity makes us strong. We want every employee to grow as an individual and excel in their career.  

  

In return, we expect all our people to live by the values that unite us: to partner with colleagues and clients, to adopt a pioneering spirit, to be positive in progressing the work we do, and always to deliver what we promise.  

 

RWS embraces DEI and promotes equal opportunity, we are an Equal Opportunity Employer and prohibit discrimination and harassment of any kind. RWS is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at RWS are based on business needs, job requirements and individual qualifications, without regard to race, religion, nationality, ethnicity, sex, age, disability, or sexual orientation. RWS will not tolerate discrimination based on any of these characteristics.  

 

RWS Values  

 

Get the 3Ps right – Partner, Pioneer, Progress – and we´ll Deliver together as One RWS. 

 

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