[Urgent] Sr. Executive- Finance India Operations

Position Title Sr Executive- Finance India Operations Function Group Finance Location Mumbai Shift Timing Regular OR 3 30 pm to 12 30 am Role Reports to AAM AM Working Arrangement 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 Finance India 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 Purpose of the role This JD is designed to be used for Campus interviews for graduates and postgraduates non-MBA hiring across various Finance India Operations Finance roles e g in Trade operations Supply Chain accounting Accounts Receivables Accounts Payable etc KEY ACCOUNTABILITIES 70 of Time - Operational Management AR Trade - Processing the customer s promotional invoices - Pivotal role in AR identification reason code segregation and deduction payment clearing Reconcile invoices with corresponding promotional plans and update the information to reflect recovery or deductions Maintain an accurate and current accounts receivable trial balance in SAP Gain an in-depth knowledge of Customer details as well as comprehensive understanding of GMI Products groups Maintain document customer-specific behaviour that requires non-standard handling Develop expertise in utilizing customer specific websites for sourcing customer support documentation Resolve issues relating to customer invoices deductions and payment Identify Process Standardization opportunities lead them Support Change management solutions implementations Partner with stakeholders Trade support team for Project Initiative prioritization Identify control risks and possible failures in the process and fix them Collections Actively pursue status and payment of delinquent invoices with customers via phone e-mail contact along with utilization of available web portals to document in SAP the pending or in-transit payments or unpaid status explanation Determine the reason for deductions with customers where supporting documentation not received Exercise excellent communication interpersonal skills to ensure prompt payment of invoices while still maintaining customer goodwill and cross-functional teamwork Effectively communicate any observed symptoms of potential current credit risks timely advisement of chronic collection issues to local market Collection staff Sr Credit Analysts and or local market Credit Manager Ensure meeting and exceeding Operational Business goals Access accounts receivable system SAP S4hana to retrieve customer invoice information record customer response details on a timely basis for each customer interaction Make sure all the Audit requirements are adhered as per the set process Utilize problem-solving skills to investigate timely resolve payment obstacles to ensure optimal Accounts Receivable condition compliance with established credit terms Frequent interaction with local market Collection staff Customer Service or Sales to walk through resolution steps of difficult and or unique problems with unpaid invoices help facilitate the resolution of internal billing or other issues returned product product not received carrier claims EDI issues invoice corrections etc Documentation SOP preparations General support local market Collection staff ACM Sr Credit Analysts - Wire ACH Unidentified overpayment invoice correction offsets as needed - Provide directions to the Cash Application team for the above 15 of time- Continuous Improvement Participation in driving Continuous improvement within Process Eliminate Waste Contribute to the Functional Productivity Goals Identify opportunities and implement change for continual process improvement 15 of time- Technical Expertise Actively learn and apply intermediate advanced level of expertise in MS Excel BeX AFO BO SAP Macros Build a robust governance system for all reporting activity Undergo trainings As recommended and self-initiated refresher trainings to keep abreast of Tool dynamics and their functional as well as tactical applications Educate and Institutionalize process practices within team MINIMUM QUALIFICATIONS Full Time graduation from an accredited university Mandatory Preferred years of related experience 3-4 years Basic understanding of finance and accounting with key focus areas of account receivables customer reconciliation and collections SAP Knowledge MS Office etc Basic Excel manipulation and analysis skills i e skilled at VLOOKUP pivot table charts graphs Strong customer relations Good Communication Competencies Behaviors required for job Yearn to gain process expertise and be an SME for the process Ability to work in a fast-paced environment Commitment to Service Excellence and delivering Outstanding Results Ability to identify gaps trends exceptions and synergies in the process drive process improvements with HMM Can prioritize and complete multiple tasks on tight deadlines Familiarity with SAP S4 Hana system functionality is preferred Be able to analyze and interpret financial information Able to recommend changes and influence Experience dealing with Global Stakeholder preferred Advanced MS Office computer skills preferred i e Word Excel Access Outlook Experience in Reconciliation can be advantage Process improvement mindset Lean Six Sigma or similar exposure Leadership potential ability to coach influence and drive team results Ability to handle multiple priorities and a high volume of direct customer internal partner contacts Effective time management organizational problem-solving skills High degree of decision-making skills initiative attention to detail be a self-directed assertive motivated employee Collections Accounts Receivable billing and or accounting experience preferred PREFERRED QUALIFICATIONS Major Area of Study Finance Accounts Masters 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