Associate Team Lead -OTC
Apply now »Date: Aug 20, 2024
Location: PB, IN, 160059
Company: Bunge
Location : Mohali
City : Mohali
State : Punjab (IN-PB)
Country : India (IN)
Requisition Number : 36038
JOB DESCRIPTION
DRAFDRT
Business Title: Associate Team Lead - OTC Effective Date: -1st-May-2024
Global Job Title: Associate Team Lead - OTC Reports to (position): Manager - OTC
Global Function: OTC Global Department: OTC
The position is responsible for support Order to cash (OTC) function in performing Billing, cash application, customer clearing, running different reports, dispute management, collection.
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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
- 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
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 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 OTC.
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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