OTC Cash Application Specialist

Bunge Iberica SA; Hinoba-an; On-site; PHP 396,000 - 594,000; Full time

Job summary

Bunge seeks a Process Executive- OTC to join its Finance OTC team in Mohali, India. The role focuses on cash application, posting payments, and applying remittances to invoices, with duties including discount adjustments, doubtful debt provisions, and customer setup processes.

The incumbent will work with SAP and workflow tools, ensure timely sub-ledger clearance, meet SLA/KPI targets, and collaborate with global teams across the supply chain.

Qualifications

• 3–5 years of work experience in a similar OTC/finance role.
• Experience in Agribusiness/Commodity trading industry preferred.
• Minimum Education Qualification – Graduation or higher

Responsibilities

• Timely and correct booking of all payments received in bank.
• Apply payments against invoices as per the remittance details.
• Booking adjustments for discounts, refunds and cash in advance; entries for doubtful debts during month end.
• Credit review, new customer setup or customer change process, shipment release.
• Regular clearing of advances against the invoice.
• Knowledge of billing; issue credit/debit notes.
• Review claim process and follow up with sales/execution teams for remittance details.
• 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 targets.

Skills

Counterparty risk

SAP

Workflow tools

Excel

Communication

Independent work

Problem solving

Team player

Education

Graduation or higher

Tools

SAP

Workflow tools

Job description

Bunge seeks a Process Executive- OTC to join its Finance OTC team in Mohali, India. The role focuses on cash application, posting payments, and applying remittances to invoices, with duties including discount adjustments, doubtful debt provisions, and customer setup processes.

The incumbent will work with SAP and workflow tools, ensure timely sub-ledger clearance, meet SLA/KPI targets, and collaborate with global teams across the supply chain.