FAQs
What is the primary responsibility of a Financial Associate 4?
The primary responsibility of a Financial Associate 4 is to support the Global Accounts Receivables team by managing and processing cash, reporting and reconciling financial results, identifying variances, and providing recommendations to key stakeholders.
What kind of education is recommended for this position?
A four-year degree in Business Administration, Economics, Finance, or any related discipline is recommended, along with commensurate work experience or demonstrated competence.
How many years of work experience are typically required for this role?
Typically, 4 or more years of work experience, preferably in financial management, internal audit, accounting, or a related field, are required for this role.
What key skills are valued in a Financial Associate 4?
Key skills include Accounting, Automation, Corporate Finance, Data Analysis, Internal Controls, Process Improvement, and knowledge of SAP Applications and Variance Analysis.
Is there a focus on compliance in this job role?
Yes, ensuring compliance with reporting standards and corporate policies, as well as maintaining the integrity of external and internal reporting, is a significant part of the role.
What role does data analysis play in this position?
Data analysis is crucial for diagnosing financial drivers, extracting data, making recommendations to stakeholders, and providing business and analytical insights in the Accounts Receivable process.
What are some examples of responsibilities related to project support?
Responsibilities related to project support include maintaining relationships with internal stakeholders, providing standardized reports, supporting priority projects, and timely escalation of issues to management.
What are the expectations regarding accuracy and audits?
The expectations include achieving 100% accuracy in journal entries (JE) postings and maintaining zero audit observations.
What is the impact and scope of the Financial Associate 4 role?
The impact and scope involve affecting one's own work while acting as a team member by providing information, analysis, and recommendations in support of team efforts.
Are preferred certifications important for this role?
Yes, having a Bachelor of Commerce or Master of Commerce is preferred, as it enhances the candidate's qualifications for the role.