Master Data Steward, Finance

Master Data Steward – Finance

Do you want to make an impact on our global organization as part of our transformation journey? Are you passionate about Master Data Management? Join us as a Master Data Steward within Finance in our newly established Master Data Management team in Chennai, India. This role focuses on financial master data essential for accurate reporting, compliance, and decision-making. You’ll work closely with finance teams, business lines, and data owners to align data governance with financial goals and regulatory requirements.

Primary Responsibilities

As a Master Data Steward for Finance, you will:

• 4+ years of experience as a Master Data steward, with a proven track record in similar roles.
• Own and take responsibility for master data within Finance domain, including but not limited to chart of accounts, profit and cost centers, GL accounts, and external business partners.
• Define and implement MDM processes, establish governance frameworks, and ensure data quality in collaboration with relevant stakeholders.
• Collaborate with finance teams and business lines to understand and address data challenges, ensuring governance frameworks align with business needs.
• Partner with data owners in the business to implement data governance practices and maintain high-quality financial data.
• Ensure financial master data is accurate, consistent, and compliant with regulations, supporting both internal and external reporting.
• Review and approve data changes and updates to maintain accuracy and integrity.
• Define and enforce data quality standards for financial data, ensuring accuracy, completeness, and timeliness of data critical to financial reporting.
• Identify, address, and resolve data issues and inconsistencies in collaboration with other data stewards
• Oversee and manage tasks delegated to master data analysts, custodians, and data owners, ensuring that responsibilities are carried out effectively.
• Coordinate data-related projects to ensure timely and accurate delivery of data initiatives.

Professional Qualifications

• Experience working with SAP Master Data in Finance (Enterprise structure, COA and related dimensions etc.,). Experience with S4 Hana is a plus.
• Proven experience with SAP Master Data in Finance (e.g., GL accounts, cost centers, vendor/customer data). S4 Hana experience is a plus.
• Strong understanding of financial processes and related data, including reporting, compliance, and budgeting. Serve as an expert and provide guidance on data management within Finance.
• Knowledge of international financial regulations (e.g., IFRS) and how they impact data governance is an advantage.
• Ability to ensure the quality, accuracy, consistency, and integrity of master data across the organization. Proficiency in enhancing and validating data quality through systematic checks and improvements.
• Expertise in establishing and upholding data standards, ensuring compliance with policies, and mitigating data-related risks.
• Capability to propose and discuss data policies and activities to enhance data management practices.
• Skilled in identifying, addressing, and resolving data issues and inconsistencies in collaboration with other data stewards and Business Lines.
• Ability to maintain documentation of data definitions, processes, and standards
• Capability to oversee and manage tasks delegated to the MDM team

What Makes This Role Special?

You will directly contribute to the financial integrity and strategic decision-making of the organization by aligning master data with business and compliance needs.

We Offer

• A chance to shape the future of financial master data governance.
• Collaboration in a global, multicultural environment with opportunities for professional development.
• A dynamic workplace with room for innovation.

About NKT
At NKT, we are all Connectors. We connect to develop leading technologies that enable the world’s transition to renewable energy - and we stay connected to grow as people and professionals. As a company, NKT connects a greener world with high-quality power cable technology and takes centre stage as the world moves towards green energy. NKT designs, manufactures and installs low-, medium- and high-voltage power cable solutions enabling sustainable energy transmission. NKT is headquartered in Denmark and employs 5.000 people. NKT is listed on Nasdaq Copenhagen and realised a revenue of EUR 2.6 billion in 2023. We connect a greener world. www.nkt.com