Senior Process Associate- OTC

2 - 6 years

0 Lacs

Posted:5 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Senior Process Associate-OTC at Bunge, your main accountabilities will include booking adjustments for discounts, refunds, and cash in advance cases, along with accounting entries for provision for doubtful debts during month close. You will also be responsible for credit review, new customer setup or customer change process, and shipment release. Regular clearing of advances against the invoice, knowledge of billing, issue credit/debit notes, and review claim process will also be part of your responsibilities. Additionally, you will need to follow up with the sales/execution team for remittance details when required, timely clear sub-ledger, and provide details to the accounting team regarding customer advances. Completing various reports on time with accuracy, meeting SLA and KPI targets each month are essential tasks. Furthermore, you will be expected to resolve queries within defined timelines, identify ideas for process improvement, handle exceptions, perform root cause analysis, and provide all information, documents, and reports for audit purposes. You will also need to file and archive relevant documents. To excel in this role, you should have the ability to provide a high level of customer service for Counterparty credit risk assessments & reporting. Working independently, efficiently, and delivering high-quality output under time pressure is crucial. In-depth knowledge of counterparties assessment and due diligence, good knowledge of concepts and procedures related to Counterparty credit risk assessments & reporting, and experience in SAP and workflow tools are necessary technical skills. A minimum of 2-3 years of work experience in a similar role, preferably in the Agribusiness/Commodity trading industry, is required. A graduation or higher qualification along with good knowledge of concepts and procedures related to Cash application is essential. Strong communication & interpersonal skills, problem-solving skills, organization skills, and the ability to work effectively with internal/external teams across the globe are also important. Developing knowledge of the business, accounting systems, reconciliation policy, finance control standards, and ensuring compliance with these standards is key. It is also important to have excellent computer skills and competency in Microsoft Office tools like Word, PowerPoint, Excel, and Outlook. Experience in ERP/Accounting systems like SAP will be an added advantage. Being a strong team player and having the ability to collaborate, communicate effectively, take initiative, and solve problems will contribute to your success in this role at Bunge.,

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Bunge logo
Bunge

Agribusiness

White Plains

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