There is no standard reporting structure. Whatever your company has decided should be correct for them. There are many reasons for the flexibility of reporting structure.
Added by Jaideep
In my opinion, Data Management and Management Director should have a dual reporting. Since he is responsible for the maintenance of master data of the organizational critical database, the quality, integrity, and consistency matters most. In such a case, he should report to Director Quality Control & Audits. Because quality control is important. A small glitch in that could cause a severe loss of the organization’s reputation. Especially in financial and legal matters. There have to be regular audits and inbuilt strong control mechanism. The team will always be confident of their processes and procedures. That is why an external control and audit is necessary.
Moreover, the same team is also responsible for monitoring data quality, governance rules for updating/changing and for administering those rules, a parallel reporting must be assigned to the mainstream business applications. In this case, if it is SAP, then the reporting can be done to the CTO (Chief Technology Officer) of the business. In fact, I would recommend a third reporting to CISO (Chief Information Security Officer).