require now Associate Analyst -OTC

Job Description

SPQ Salaried Position QuestionnaireJob Title:AR -Associate AnalystDate:29 -Sep- 2022Organization:GFSSApproved:Location:Pune(Immediate Superior)Approved:(Human Resource Manager)PRIMARY FUNCTION:Part of the Accounts Receivable team, this position is responsible for various AR Processes
• Perform all required cash application activity for all GFSS ledgers within GFSS scope using multiple ERPs including Oracle and both automated & manual application if necessary. Invoices should be closed in a timely manner to comply with all AR SLAs for cash application.
• Post cash receipts for bank transfers, netting intercompany and cheques using information indicated on the bank statement and customer remittance advice to identify the invoices to match.
• Ensure processes are fully documented including any remittance or receipt level specific variance, along with an understanding of the background to these variances to ensure optimum standard processes
• Monitor & clear all queries and requests to the AR mail inbox on a regular basis throughout each day to ensure all queries are actioned within the agreed 12 hour SLA.
• Perform query management/resolution/root cause mitigation on all AR queries and provide recommendations on how to mitigate future issues and improve overall customer service.
• Work closely with the Credit and Collections team to address COA through prompt management of remittance advice and communication of significant values on key customer that are missing the appropriate back up.
• Investigate the output of the bank reconciliations performed by the GFSS GL team to address open items for AR.
• Month end close co-ordination. Review all close documents and ensure accuracy of the receivables data prior to close.
• Deliver all Internal/External/SOX Audit requirements as requested.
• Actively highlight processes for improvement opportunities and communicate via International GFSS SME group, BPI program, CI Committee etc
ESSENTIAL FUNCTIONS:A.Ensure all cash applications are performed within agreed timescales and in line with agreed SLA sB.Ensure Plant requests and queries are dealt with in a prompt and comprehensive manner and in line with SLA sC.Support and deliver all agreed month end activities to ensure process governance and accuracy of results reported for all GFSS.D.Awareness and alignment to all GFSS SLAs agreed with Customers.E.Involvement in ad hoc project work with a focus on continuous improvement and automationF.Support the international GFSS SME group by highlighting any proposed projects, BPI, change requests for AR, that could improve the overall AR end to end processG.Ensure all netting transactions are completed within agreed timetable and intercompany statements are issued within given timescales.ORGANIZATIONAL RELATIONSHIPS:Next Level AboveImmediate SuperiorQualificationsSPQ Salaried Position QuestionnaireJob Title:AR -Associate AnalystDate:29 -Sep- 2022Organization:GFSSApproved:Location:Pun(Immediate Superior)Approved:(Human Resource Manager)PRIMARY FUNCTION:Part of the Accounts Receivable team, this position is responsible for various AR Processes
• Perform all required cash application activity for all GFSS ledgers within GFSS scope using multiple ERPs including Oracle and both automated & manual application if necessary. Invoices should be closed in a timely manner to comply with all AR SLAs for cash application.
• Post cash receipts for bank transfers, netting intercompany and cheques using information indicated on the bank statement and customer remittance advice to identify the invoices to match.
• Ensure processes are fully documented including any remittance or receipt level specific variance, along with an understanding of the background to these variances to ensure optimum standard processes
• Monitor & clear all queries and requests to the AR mail inbox on a regular basis throughout each day to ensure all queries are actioned within the agreed 12 hour SLA.
• Perform query management/resolution/root cause mitigation on all AR queries and provide recommendations on how to mitigate future issues and improve overall customer service.
• Work closely with the Credit and Collections team to address COA through prompt management of remittance advice and communication of significant values on key customer that are missing the appropriate back up.
• Investigate the output of the bank reconciliations performed by the GFSS GL team to address open items for AR.
• Month end close co-ordination. Review all close documents and ensure accuracy of the receivables data prior to close.
• Deliver all Internal/External/SOX Audit requirements as requested.
• Actively highlight processes for improvement opportunities and communicate via International GFSS SME group, BPI program, CI Committee etc
ESSENTIAL FUNCTIONS:A.Ensure all cash applications are performed within agreed timescales and in line with agreed SLA sB.Ensure Plant requests and queries are dealt with in a prompt and comprehensive manner and in line with SLA sC.Support and deliver all agreed month end activities to ensure process governance and accuracy of results reported for all GFSS.D.Awareness and alignment to all GFSS SLAs agreed with Customers.E.Involvement in ad hoc project work with a focus on continuous improvement and automationF.Support the international GFSS SME group by highlighting any proposed projects, BPI, change requests for AR, that could improve the overall AR end to end processG.Ensure all netting transactions are completed within agreed timetable and intercompany statements are issued within given timescales.ORGANIZATIONAL RELATIONSHIPS:Next Level AboveImmediate SuperiorEaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we re accelerating the planet s transition to renewable energy, helping to solve the world s most urgent power management challenges, and doing what s best for our stakeholders and all of society. Founded in 1911, Eaton has been listed on the NYSE for nearly a century. We reported revenues of $19.6 billion in 2021 and serve customers in more than 170 countries.Our culture is built on a strong commitment to practicing our core values and supporting our employees with the tools they need to succeed. We have demonstrated our passion for sustainability with the announcement of cutting carbon emissions from the company s operations by at least 50 percent by 2030.Eaton is committed to having a workforce that is diverse and non-discriminatory at all levels, reflecting the diversity of our customers and the varied environments in which we conduct business around the world. Our success depends on our ability to attract and retain the very best people unlimited by race, color, social or economic status, religion, national origin, marital status, age, disability, veteran status, sexual orientation, gender identity or any protected status. Eaton follows relevant non-discrimination laws and regulations in the countries where we operate. It is the policy of the Company to make all decisions regarding employment, including hiring, compensation, training, promotions, transfers, or lay-offs, based on the principle of equal employment opportunity as defined above.Job: Finance/Accounting Region: Asia Pacific Organization: Corporate Sector Job Level: Entry Level Schedule: Full-time Is remote work (i.e. working from home or another Eaton facility) allowed for this position : No Does this position offer relocation : No Travel: No ,

Keyskills :
cash receiptschange requestsrenewable energypower managementcash applicationsaccounts receivablecontinuous improvementcash application