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Associate Team Lead - OTC

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Date: Jul 29, 2022

Location: PB, IN, 160059

Company: Bunge

Job Title:              Bunge Business Services- Credit to Cash- Associate Team Lead 

Reporting:           Reports directly to Team Leader/Associate Manager


Job Purpose

                Bunge Limited (, NYSE: BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 35,000 employees. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredients used by food companies; and sells fertilizer in South America. Founded in 1818, the company is headquartered in White Plains, New York. Bunge has implemented a Shared Services Center in Chandigarh, India to support Asia Pacific operations in areas of Finance & Accounting, Trade Operations and IT.


                The Candidate is responsible for support 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 


Key Responsibilities

•             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


Knowledge and Experience


•             4 - 7 years of work experience in a similar role

•             Experience in Agribusiness/Commodity trading industry preferred 

•             Minimum Education Qualification – Graduation, Master in commerce or MBA

•             Good knowledge of concepts and procedures related to Cash application

•             Ability to work independently, efficiently and deliver high quality output under time pressure

•             Strong 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

•             Experience in managing people and processes through a sustained period of change

•             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

•             Knowledge of Europe languages will be added advantage.


Distinct Advantage

•             Experience working in a similar Shared Services Centre setup a distinct advantage

•             Prior experience in transition would add distinct advantage

•             Experience in processing of high volumes of transactions

•             Experience in SAP, workflow tools and document imaging systems

•             Flexibility to work in different time zones

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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