Jobs and Careers
BU
Senior Process Associate- OTC
BungePB, IN, 160059, United Statesfull_timeVerifiedPosted 2 Apr 2025
About the role
Location : Mohali
City : Mohali
State : Punjab (IN-PB)
Country : India (IN)
Requisition Number : 39439
Job Description Business Title Senior Process Associate-OTC Global Job Title Admin Finance OTC Global Function Finance Global Department Finance OTC Organizational Level Reporting to Team Lead - CTC Size of team reporting in and type Nil Role Purpose Statement The Order to Cash (OTC) Senior Process associate will be responsible for 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 Main Accountabilities • Timely and correct booking 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 Skills Behavior
Apply for this role
Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.
Apply Now →Generate Application KitFree account required — sign up in 30s