Key Responsibilities
Shared Services Performance
• Ensuring timely cash application by downloading daily bank statements, Post and apply unapplied payments, contact customer and resolve unapplied/unidentified payment issues.
• Communicate with internal and external customers in an effective and efficient manner.
• Dispute / deductions management – Determination and creation of disputes; resolution of unearned payment discounts.
• Periodic/Weekly reconciliation with customers to resolve all outstanding issue.
• Responsible to manage period close tasks related to AR and month end reporting such AR aging and bad debts.
• Collaborates with Sales and Customer Service Teams to ensure aligned Cash objectives. Also work with Distributors to ensure Payment Terms adherence
• Partner with Supply chain team to contract on shipments phasing and communicate the weekly tracker to all stakeholders
Continuous Improvement
• Report and Analyze A/R aging, by monthly/daily AR GL reconciliations and ensure timely submission AR related Balance sheet accounts reconciliation through Blackline.
• Timely and accurate processing – take ownership and initiative until transaction is successfully and accurately processed.
• Monthly reconciliation of statement of accounts with the sales team & ensuring all accounts are up to date and maintained.
• Keep the procedures up to date, feedback any changes to Service offering to line manager
• Identifies areas for improvement within the O2C area, apply synergies and standardization
• Balance Sheet reconciliation on periodic basis by providing, communicating BS Backups to S&F Stakeholders.
Governance & Internal Controls
• Monthly reconciliation of statement of accounts with the sales team & ensuring all accounts are up to date and maintained.
• Reconciling and balancing accounts at period end (Blackline) including submission of the data.
• Establish and maintain a control environment for the processes represented by MFS. • Follow the accounting practices as described in Mars Finance Manual.
Education & Professional Qualification
B.A. /B.S. with Accounting or similar concentration.
Knowledge/Experience
- 3-5 years of experience
