Senior Process Associate

24 hours ago

Mohali, Punjab, India Bunge Full time ₹ 6,00,000 - ₹ 12,00,000 per year

Job Description
Business Title Senior Process Associate-OTC

Global Department Finance OTC

Reporting to Team Lead - CTC

Role Purpose Statement The Order to Cash (OTC) Senior Process associate will be responsible for Cash Application function in performing timely and correct booking of subledger of all payments received, apply payments against invoices as per remittance details, booking adjustments for discounts ,refund and cash in advance

Main Accountabilities

  • Timely and correct booking 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
  • Credit review, new customer setup or customer change process, shipment release
  • Regular clearing of advances against the invoice
  • Knowledge of billing, issue credit/Debit Note
  • Review claim process
  • 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.

Additional responsibilities:

  • 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

Education & Experience

  • 2 - 3 years of work experience in a similar role
  • Experience in Agribusiness/Commodity trading industry preferred
  • Minimum Education Qualification – Graduation or higher
  • Good knowledge of concepts and procedures related to Cash application
  • Ability to work independently, efficiently and deliver high quality output under time pressure
  • Good communication & Interpersonal skills to work effectively with internal/external teams across the Globe.
  • Strong problem solving & organization skills
  • Develop knowledge of the business, Accounting systems, Reconciliation policy, Finance Control standards and Quality Framework and ensure compliance with these
  • Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
  • Experience in ERP/ Accounting systems (SAP) will be added advantage
  • Strong Team Player

Bunge (NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Founded in 1818, Bunge's expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe. The company is headquartered in St. Louis, Missouri and has 25,000 employees worldwide who stand behind more than 350 port terminals, oilseed processing plants, grain facilities, and food and ingredient production and packaging facilities around the world.

Bunge is an Equal Opportunity Employer. Veterans/Disabled

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