Location : Mohali 

City : Mohali 

State : Punjab (IN-PB) 

Country : India (IN) 

Requisition Number : 36045 

 

 

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             

                                          

 

 

Role Purpose Statement

 

The position is responsible for support Order to cash (OTC) function in performing Billing, cash application including lockbox, 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

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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