Advisor - Reconciliation - New Delhi, India - Rio Tinto

Rio Tinto

Verified Company

New Delhi, India

3 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Advisor - Reconciliation
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Excellent opportunity for an experienced professional on a permanent role:

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Be a part of one of the world's leading mining organizations
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Working with a diverse team

About the role

Finding better ways to provide the materials the world needs.

We are looking for an
Advisor - Reconciliation responsible for overseeing the accurate and efficient management of reconciliation records, resolving escalations, monitoring performance indicators, driving continuous improvement initiatives, adhering to control and audit requirements, and fostering a positive team culture.

What the role entails

This role requires extensive experience in invoice processing with a focus on reconciliation, proficiency in relevant software, strong managerial and analytical skills, and effective communication and collaboration abilities.

Reporting line:

Jasper - P2P lead

Scope:

Your scope will include (but not limited to) below

Timely and Accurate Reconciliation:

Ensure timely and accurate reconciliation of vendor payments (timely completion of AP GL, Vendor statement, GR-IR reconciliations) within the agreed Service Level Agreement (SLA) timeframe, monitor and address aged items in the reconciliations, ensuring timely reporting and resolution.
Conduct regular quality checks and provide feedback to the team members to maintain a high level of accuracy in the reconciliation.
Manage shifts and schedules for the cash management team, ensuring adequate coverage and workload distribution based on the requirements and smooth handover.

Timely Response to Auditors:

Collaborate with internal and external audit teams to provide timely and accurate responses to audit inquiries and requests.
Prepare relevant documentation, reports, and supporting materials to address audit findings and recommendations; Implement corrective actions as necessary to address audit gaps.

Continuous Improvement and Productivity:

Drive a culture of continuous improvement within the team, actively seeking opportunities to optimize processes, increase productivity, and reduce costs.
Lead and facilitate brainstorming sessions and crossfunctional discussions to generate ideas for process enhancements and implement successful initiatives.
Track and measure the outcomes of improvement initiatives, quantifying productivity gains and providing regular updates to stakeholders.

Adherence to Annual RACAM Control:

Maintain adherence to the Annual RACAM control framework, SOX control, and other documented controls and procedures through regular reviews.
Collaborate with internal audit and compliance teams to support RACAM assessments and address any control gaps or findings.

Promote RT3C Values:

Act as a role model for the RT3C values (Courage, Curiosity, Care) within the team and foster a positive and collaborative team culture.

About Yourself

A Bachelor's/ master's degree in SCM, Finance or a related field
58 years of experience in invoice processing with a focus on reconciliation
Strong knowledge of reconciliation principles, processes, and tools
Good Managerial skills with the ability to effectively lead and motivate a team. Experience in shift management, workload allocation, and performance monitoring
Good understanding of financial controls, compliance, and risk management
Proficient in using reconciliation software and other relevant financial systems.
Strong analytical and problemsolving skills with attention to detail
Excellent communication and collaboration skills to work effectively with crossfunctional teams.

About us
Rio Tinto is a leading global mining and materials company.

We operate in 35 countries where we produce iron ore, copper, aluminum, critical minerals, and other materials needed for the global energy transition and for people, communities, and nations to thrive.

We have been mining for almost 150 years and operate with knowledge built up across generations and continents.

Our purpose is finding better ways to provide the materials the world needs - striving for innovation and continuous improvement to produce materials with low emissions and to the right environmental, social and governance standards.

But we can't do it on our own, so we're focused on creating partnerships to solve problems, create win-win and meet opportunities.

Where you will be working

The Rio Tinto office in Gurgaon (India) is one of our corporate hubs and houses service and support functions, as well as a portfolio of product groups including Copper, Iron Ore, Diamonds, Minerals, Exploration and Technology & Innovation.

Every Voice Matters
We are committed to an inclusive environment where people feel comfortable to be themselves.

We want our people to feel that all voices are heard, all cultures respected and that a variety of perspectives are not only welcome - they are essential to our success.

We treat e