Associate Team Lead- OTC

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Date: May 27, 2024

Location: PB, IN, 160059

Company: Bunge

Location : Mohali 

City : Mohali 

State : Punjab (IN-PB) 

Country : India (IN) 

Requisition Number : 35165 

LOGO

 

JOB DESCRIPTION

DRAFDRT

Business Title: Associate Team Lead-CTC                                  Effective Date: -01-Dec-2023                     

Global Job Title: Associate Team Lead                                        Reports to (position): Manager - CTC

Global Function: CTC                                                                   Global Department: Finance

Job Level: 12                    

 

 

Role Purpose Statement

The position is responsible for support Credit to cash (CTC) function in performing Billing, cash application, customer clearing, running different reports, dispute management, collection for Europe region.

Main:

  • Timely and correct booking of subledger 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

Major Opportunities and Decisions  

  • Compliance with Financial reporting timelines by coordination with all process owners.
  • Maintaining hygiene and quality of General Ledger reconciliations with appropriate accruals details and timely clearing.
  • 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.

 

Education/Experience  

  • MBA Finance or B.Com with 4-5 years of relevant experience with CTC.

 

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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