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78 Bunge India Jobs
Associate Manager- OTC
Bunge India
posted 14hr ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Ensure unapplied and advance cash review and clearing on daily basis and reporting the open items each day to management.
Manage the timely and accurately posting of incoming customer payments, billing process and other CTC tasks
Ensuring processing quality is maintained (eg release of blocked orders, refund of advances, Billing and Deliveries to be invoiced)
End to end knowledge of Credit to cash process in SAP environment
1st point of contact for managing escalations with regards to any technical or procedural issues on OTC processes
Applies significant knowledge of industry trends and developments, best practices, implements effective continual improvement solutions.
Measure, analyze and report internal KPIs to monitor OTC activities and quality
Identify the unallocated/unapplied cash and work with onshore teams in clearing the customer accounts
Monitor and minimize unapplied cash or advance payment in line with agreed targets
Support the Manager in achieving process improvements, driving continuous improvement
Ability to understand customer expectations and deliver accordingly
Ensure compliance with Group s Sarbanes Oxley programme and Standard Policy and Procedures
Fair understanding of period closing procedures and meet deadlines
Periodic review of receivables aged balance reports
Preparation of data for audit requests during quarterly/annual reviews.
To be responsible for meeting and exceeding Service Level Agreements targets and Customer expectations, improve operational effectiveness and efficiency, resolve problems, and ensure compliance to policies
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 Make decisions aligned to Bunge s global strategy, business needs and financial goals and explore new perspectives by driving innovation.
Cultivate strong relationships and networks, effectively influence others, and develop talent to excel in their current and future roles.
Develop data driven strategies aligned with Bunge s priorities, energize others to action through clear and compelling communication.
Technical Ability to provide high quality level of customer service for Counterparty credit risk assessments & reporting.
Ability to work independently, efficiently and deliver high quality output under time pressure.
In depth knowledge of Counterparties assessment and due diligence
Good knowledge of concepts and procedures related to Counterparty credit risk assessments & reporting.
Experience in SAP and workflow tools
Education & Experience 6-8 years of relevant experience with OTC
Experience in Agribusiness/Commodity trading industry preferred
Minimum Education Qualification - Graduation or higher (MBA finance)
Good knowledge of concepts and procedures related to Cash application
Ability to work independently, efficiently and deliver high quality output under time pressure
Good 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
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
Manage the timely and accurately posting of incoming customer payments, billing process and other CTC tasks
Ensuring processing quality is maintained (eg release of blocked orders, refund of advances, Billing and Deliveries to be invoiced)
End to end knowledge of Credit to cash process in SAP environment
1st point of contact for managing escalations with regards to any technical or procedural issues on OTC processes
Applies significant knowledge of industry trends and developments, best practices, implements effective continual improvement solutions.
Measure, analyze and report internal KPIs to monitor OTC activities and quality
Identify the unallocated/unapplied cash and work with onshore teams in clearing the customer accounts
Monitor and minimize unapplied cash or advance payment in line with agreed targets
Support the Manager in achieving process improvements, driving continuous improvement
Ability to understand customer expectations and deliver accordingly
Ensure compliance with Group s Sarbanes Oxley programme and Standard Policy and Procedures
Fair understanding of period closing procedures and meet deadlines
Periodic review of receivables aged balance reports
Preparation of data for audit requests during quarterly/annual reviews.
To be responsible for meeting and exceeding Service Level Agreements targets and Customer expectations, improve operational effectiveness and efficiency, resolve problems, and ensure compliance to policies
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 Make decisions aligned to Bunge s global strategy, business needs and financial goals and explore new perspectives by driving innovation.
Cultivate strong relationships and networks, effectively influence others, and develop talent to excel in their current and future roles.
Develop data driven strategies aligned with Bunge s priorities, energize others to action through clear and compelling communication.
Technical Ability to provide high quality level of customer service for Counterparty credit risk assessments & reporting.
Ability to work independently, efficiently and deliver high quality output under time pressure.
In depth knowledge of Counterparties assessment and due diligence
Good knowledge of concepts and procedures related to Counterparty credit risk assessments & reporting.
Experience in SAP and workflow tools
Education & Experience 6-8 years of relevant experience with OTC
Experience in Agribusiness/Commodity trading industry preferred
Minimum Education Qualification - Graduation or higher (MBA finance)
Good knowledge of concepts and procedures related to Cash application
Ability to work independently, efficiently and deliver high quality output under time pressure
Good 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
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
Employment Type: Full Time, Permanent
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What people at Bunge India are saying
Rating based on 5 Associate Manager
reviews
Anonymous · Finance & Accounting
in Mohali
Likes
Variable part of salary
Dislikes
Apprisal, Politics and promotion policy
- Salary - Bad
+5 more
Associate Manager salary at Bunge India
reported by
60
employees
with 7-15
years exp.
₹11.8
L/yr - ₹21
L/yr
12%
more
than the average Associate Manager Salary in India
View more details
What Bunge India employees are saying about work life
based on 538 employees
Flexible timing
Monday to Saturday
No travel
Day Shift
Bunge India Benefits
Health Insurance 
Job Training 
Work From Home 
Soft Skill Training 
Team Outings 
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