Associate Manager - PTP

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Date: Sep 17, 2024

Location: PB, IN, 160059

Company: Bunge

Location : Mohali 

City : Mohali 

State : Punjab (IN-PB) 

Country : India (IN) 

Requisition Number : 36884 

Business Title Associate Manager - PTP
Global Job Title Sr Anl Finance PTP
Global Function Business Services
Global Department Finance- Procure to Pay
Organizational Level 8
Reporting to Manager / AGM
Size of team reporting in and type 5-15 direct reportees
 
 
Role Purpose Statement Responsible to Support PTP Manager in leading the Procure to Pay Shared Services function (Procurement, Invoice Processing, Payments, T&E and Month end activities). Ensure timely payment of invoices adhering to the local regulations and Bunge AP Policy.. Assists in reviewing daily, weekly, and monthly service levels and provides recommendations for improvements. Ensures individual and team service levels are met or exceeded in alignment to Business standards and SOX requirement. Supports high quality work through a positive environment. Compiling as well as analyzing data and presenting it in an informative format to the management.
 
 
 
Main Accountabilities • Lead overall transition and actively build more concrete process.
• Lead a team of Invoice Processing of Vendor & Intercompany Invoices into ERP using VIM.
• Lead Procurement team with activities like - PO creation/Modification, order confirmations Validation, Invoice Discrepancy resolution in compliance with procurement policies.
• Lead Payments team ensuring timely payments as per Bunge Policies and SOX guidlines following necessary controls checks to avoid any duplicate / wrong payments.
• Monitoring T&E team in regards timely reimbursment to employees along with Card management.
• Cash against document clearing.
• Analyzing APTB report and connecting with local management/stakeholders on clearing aged items.
• Monitoring and clearing Debit balances from vendor aging.
• Handling Vendor queries (Payment, Invoice processing & reconciliation).
• Ensuring Compliance with statutory guidelines for indirect taxes as per local country regulations
• Adherence to respective SOX compliance as per the activity performed
• Provide support with details & documents against Audit queries
• Adherence and compliance to internal Bunge AP Polices for Accounting / Payment of vendor invoices
• Period Reporting to local management and stakeholders within the business
• KPIs Measurement, Analyze and Improvement.
• Leading a Team of 15+ FTE's by evaluating their performance, share preodic feedback and document any gaps if required.
• Identify and implement cost-saving opportunities.
 
 
 
 
 
 
Knowledge and Skills   
Behavior Improve Bunge's outcomes by making data-driven decisions, keeping the customer at the forefront of all they do, and proactively gaining insight into the global strategy.
Collaborate, effectively communicate with others and take initiative to continually develop themselves.
Pursue opportunities to solve problems and take action while maintaining the ability to manage work, even in times of challenge or change.
   
Technical • Invoice Validation Timeliness: Invoice to be validated in 48hours from the date of receipt
• Invoice Processing Timeliness: #of Invoices posted within 15 business days
• Invoice Automation (FPY%): #of invoices posted within 3 business days
• Paid on Time%: #of invoices paid as per due date of invoices
• Individual will have to address improvement opportunities within the existing processes / departments which will directly impact the performance improvement for global PTP KPI’s
• Drive effectiveness into the end-to-end processes – Monitoring and resolving process exceptions on regular periodic basis
• Support and guide to solve complex / difficult transactional scenarios highlighted by the team members

SAP, Concur, SRM, Any other ERP
VIM – Vendor Invoice Management
MS – Excel
MS – PowerPoint
 
 
 
 
Education & Experience Minimum Bachelor Degree in commerce with relevant 10-12 years of experience in AP Domain; SAP Knowledge and VIM exposure is an added advantage 
 
 
 
 
 

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. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, transgender status, national origin, citizenship, age, disability or military or veteran status, or any other legally protected status.  Bunge is an Equal Opportunity Employer. Minorities/Women/Veterans/Disabled


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