Senior Order to Cash Specialist
1 week ago
Our Order to Cash Specialist position plays a critical role in supporting the OTC function, responsible for performing Billing, cash application, customer clearing, and running various reports. This includes timely and accurate booking of sub-ledger payments, applying payments against invoices, and maintaining end-to-end knowledge of billing, credit, and debit note processes.
Main Responsibilities:- Timely and accurate booking of sub-ledger of all payments received in bank.
- Apply Payments against invoices as per the remittance details provided by the client.
- Booking adjustments for discounts, refund, and cash in advance cases as well as accounting entries for provision for doubtful debts during month close.
- Regular clearing of advances against the invoice.
- End-to-End knowledge of billing, issue credit/Debit Note.
- Follow-up with sales/execution team for remittance details, if required.
- Timely clearing of sub-ledger, follow-up on old, aged items with different teams.
- Provide details to accounting team regarding customer advances.
- Complete various reports on time with accuracy.
- Meet SLA and KPI target each month.
- Support Internal and external audit, SOX requirement.
- Resolve queries within defined timelines.
- Identify ideas for process improvement utilizing industry leading practices.
- Handle exceptions generated, perform root cause analysis to resolve current issues and act proactively to avert potential issues in future.
- Provide all information, documents, and reports for audit. Post the audit; take steps as per corrective action plan drafted by the Team Leader.
- File and archive relevant documents.
- Compliance with Financial reporting timelines by coordination with all process owners.
- Maintaining Zero significant deficiency/observations for Sox Audits, USGAAP, Statutory, Cost Audit, GIA Audit or any other compliance audits mandated by Bunge.
- To identify and implement process change to bring efficiency.
- MBA Finance or with 4-5 years of relevant experience with OTC.
Bunge is a global leader in sourcing, processing, and supplying oilseed and grain products and ingredients. We are committed to creating sustainable products and opportunities for our farmers and consumers worldwide. Bunge is an Equal Opportunity Employer, dedicated to attracting and retaining a diverse workforce.
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