Maersk Line recruits 01 FinOps Associate
FinOps Associate
Egypt
Cairo
Local
Shipping Operations
Last application date: 15/7/2019
Provide the most reliable and efficient service to our customers at the lowest possible cost. Develop and implement a strategy to create customisable solutions based on customer needs, while maintaining standard product offerings.
We offer
• A truly international, open and engaging working environment in a modern working location.
• Value and team-based leadership
• Improve system & process knowledge
• A wide range of international career opportunities.
• Opportunities for personal and professional growth in a dynamic environment.
Key responsibilities
• Accuracy and timeliness of customer invoices have been identified as some of the key parameters of customer service. This position is responsible for accurate and on time creation of invoices and ICBs.
• Soft closure of jobs is necessary to ensure that accurate CM1 (contribution / profit margin) per job is captured in the system and collectively at month end; this reflects the
true and fair picture of the financial state of affairs of the business. The second key
responsibility of this role is to ensure that all jobs are soft closed on time to reflect a true
and accurate picture of the CM1
• Hard closure of jobs signifies operational and financial closure of a job and it is necessary to ensure that all jobs are closed on time. The third key responsibility for this job is to ensure that all jobs are monitored and that they are hard closed on a timely manner
KPI’s are:
1. Invoicing accuracy & timeliness
• Ensure that all customer invoices are raised accurately and matches the rates and contracts agreed to with the customers
• Ensure that all customer contracts are recorded and filed and discrepancies, if any, are pointed out to Operations/Customer Service teams
• Ensure that Invoices are raised on time
• Ensure that all the ICBs (DAMCO internal customers) are raised on time
2. Soft closure of Jobs
• Adhere to soft closure KPIs (ie. Job ETD/ETA + 30 days)
• Ensure that all jobs are correctly costed and that the CM1 at a job level is positive. In this regard, the person needs to bring to the notice of his manager all jobs that have low CM1 or negative CM1 and that all such jobs have been formally approved by the CSO Manager prior to soft closure
3. Hard closure of Jobs
• Adhere to hard closure KPIs (i.e. Job ETD/ETA + 90 days)
• Prior to hard closure, ensure that all jobs are checked to ensure that customer invoices have been raised (external customers & ICBs) and that all vendor invoices have been collected and posted (IR) prior to closure of the job.
• Ensure that all impacts on the profitability of the job (both positive and negative) are brought to the attention of the manager and that proper approvals are in place for all jobs that negatively impact the CM1
We are looking for
• Fresh graduate up to 2 years experience in similar field
• Tertiary Qualification (or similar) in commerce, business or related field
• Advanced MS Excel knowledge is critical
• Have been engaged in commercial/operational finance at a hands on/job file level
• Has worked in a process driven environment
• Familiarity with the following is preferred :
• Unity & Kewill operating systems
• Customer Service Quality Standards and BPI processes
• High learning curve and ability to work under pressure
• Ability to take balanced decisions in challenging circumstances
• Ability to work and thrive in a flexible matrix organization with focus on networking and collaboration
• Strong communication (spoken and written) and interpersonal skills
• Ability to engage with senior management & manage senior stakeholders across geographies
• Financial acumen
• Strong process oriented approach to work and excellent attention to detail.
• Resilient team player who is goal-orientated and demonstrates a high level of commitment with the ability to work under minimal supervision
• Excellent Written and Verbal skills with people at all levels across the organisation in English.