Executive - AR Trade

3 weeks ago

mumbai, India General Mills Full time

India is among the top ten priority markets for General Mills, and hosts our Global Shared Services Centre. This is the Global Shared Services arm of General Mills Inc., which supports its operations worldwide. With over 1,300 employees in Mumbai, the center has capabilities in the areas of Supply Chain, Finance, HR, Digital and Technology, Sales Capabilities, Consumer Insights, ITQ (R&D & Quality), and Enterprise Business Services. Learning and capacity-building is a key ingredient of our success.

Position Title

 Executive- AR Trade

Function/Group

Finance

Location

 India

Shift Timing

11AM-8PM

Role Reports to

 AAM

Remote/Hybrid/in-Office

Hybrid

ABOUT GENERAL MILLS

We make food the world loves: 100 brands. In 100 countries. Across six continents. With iconic brands like Cheerios, Pillsbury, Betty Crocker, Nature Valley, and Haagen-Dazs, we’ve been serving up food the world loves for 155 years (and counting). Each of our brands has a unique story to tell.

How we make our food is as important as the food we make. Our values are baked into our legacy and continue to accelerate.

us into the future as an innovative force for good. General Mills was founded in 1866 when Cadwallader Washburn boldly bought the largest flour mill west of the Mississippi. That pioneering spirit lives on today through our leadership team who upholds a vision of relentless innovation while being a force for good. For more details check out

General Mills India Center (GIC) is our global capability center in Mumbai that works as an extension of our global organization delivering business value, service excellence and growth, while standing for good for our planet and people.

With our team of 1800+ professionals, we deliver superior value across the areas of Supply chain (SC) , Digital & Technology (D&T) Innovation, Technology & Quality (ITQ), Consumer and Market Intelligence (CMI), Sales Strategy & Intelligence (SSI) , Global Shared Services (GSS) , Finance Shared Services (FSS) and Human Resources Shared Services (HRSS).For more details check out

We advocate for advancing equity and inclusion to create more equitable workplaces and a better tomorrow.

JOB OVERVIEW

Function Overview

The Finance organization partners across General Mills to provide financial expertise to guide and govern the company. We bring a distinctive skill set to help the company sustainably drive strong returns on investment, whether that’s brand investments, capital investments or resource investments. We hold ourselves accountable for the areas where we are uniquely positioned to drive results – what we call our Strategic Priorities – but we never lose sight of the fact that we only truly win when the company wins. The Finance function operates as a global team through the partnership of a series of enterprise-focused and business-embedded groups.

For more details about the Function please visit this Link

Purpose of the role

This position is responsible to make prompt and accurate processing of Customer Invoices and to manage Customer Aged trail balance as per the agreed SLA’s/ Goals. Build relationships with the stakeholders to ensure smooth day to day functioning. Adherence to all audit control requirements and SOX requirements.

KEY ACCOUNTABILITIES

90%of Time Operational Management
• Processing the customer’s promotional invoices
• Reconcile invoices received from General Mills’ Customers to the corresponding plans and update the information to reflect actual performance to either issue a check to a customer or clear a deduction on the account’s trial balance.
• Maintain an accurate and current accounts receivable trail balance in SAP.
• Pivotal role in AR identification, reason code segregation and deduction/ payment clearing.
• Develop and maintain Trade profiles and document customer-specific behavior that requires non-standard handling.
• Gain an in-depth knowledge of Customer details as well as comprehensive understanding of GMI Products/ groups.
• Develop expertise in utilizing customer specific websites for sourcing customer support/documentation.
• Resolve issues relating to customer invoices, deductions, and payment.
• Build relationships with the stakeholders to ensure smooth day to day functioning.
• Adherence to all audit control requirements and SOX requirements.
10% of Time Continuous Improvement
• Participation in driving Continuous improvement within Process.

MINIMUM QUALIFICATIONS

• Minimum Degree Requirements: Full Time graduation from an accredited university (Mandatory)
• Minimum years of related experience required: 2+ Years.
Specific Job Experience or Skills Needed
• Basic understanding of finance and accounting with more focus on Accounts Receivable Management.
• SAP Knowledge, MS Office etc.
• Strong customer relations, articulation & communication skills
• Can prioritize and complete multiple tasks on tight deadlines.

Competencies/Behaviors required for job.
• Courage to question without hesitation, recommend and influence.
• Participate and support enhance efficiency and effectiveness for the team and stakeholders.
• Yearn to lead process changes through expertise and knowledge.
• Ability to independently solve self-problems.
• Commitment to superior customer service

PREFERRED QUALIFICATIONS

• Preferred Major Area of Study: Finance & Accounts/ BMS/BBS
• Required Professional Certifications: None
• Preferred Professional Certifications: None
• Preferred years of related experience: 2-3 years


COMPANY OVERVIEW

We exist to make food the world loves. But we do more than that. Our company is a place that prioritizes being a force for good, a place to expand learning, explore new perspectives and reimagine new possibilities, every day. We look for people who want to bring their best — bold thinkers with big hearts who challenge one other and grow together. Because becoming the undisputed leader in food means surrounding ourselves with people who are hungry for what’s next.

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