General Mills India | Executive - Finance Accounting

Key accountabilities

• This position is responsible to make prompt and accurate processing of Customer Invoices and to manage Customer Aged trail balance as per the agreed SLA’s/ Goals.
• Applicants must meet minimum age qualifications in the country in which the job is located.
• Maintain an accurate and current accounts receivable trial balance in SAP.
• Manage allocated delinquent accounts to achieve monthly recovery targets.
• Identify control risks and possible failures in the process and fix them.
• Lead inventory reconciliation and ensure accurate inventory management across systems.
• Investigate and resolve inventory discrepancies, including IDOC errors, IR/GR mismatches, and over/short variances.
• Execute end-to-end transactional grain accounting for mills and terminals, including unloads, sales invoice settlements, millfeed processing, and shipment creation in UGS, with strong accuracy and timeliness focus.
• Oversee product costing, new SKU/material set up in SAP, and conduct BOM (Bills of material) reviews and audits.
• Work closely with cross functional, Global business partners, vendors and Internal teams to resolve and reconcile account discrepancies.
• Ensure clear process documentation is in place, utilized and updated in timely manner.
• Develop expertise in utilizing customer websites for sourcing customer support/documentation /Repayment.
• Support audit and control processes to ensure compliance with Sarbanes-Oxley requirements.
• Maintain order tracking information (order sheet) and share visibility with customers.
• Coordinate on bookings with approved lines/forwarders-where applicable.
• Accurate Documentation: Procure complete and accurate required export documents as per country.
• Ensure timely receipt by distributors of correct and valid documents.
• Handles Letter of credit process where needed. Ensure timely and correct invoicing to close monthly sales target.
• Ensure customers and plants adhere to the SLA, proactively address clarifications, and promptly report any ambiguities to stakeholders and leaders to resolve issues in advance.
• Filing as per audit requirements (Attach SWBL Copy/Express BL release, container loading report copy along with Invoice copies and other related shipment documents).
• Ensure high service level toward internal customers to collaborate on high KPIs history.
• Participation in driving Continuous improvement within Process.
• Build relationships with the stakeholders to ensure smooth day to day functioning.
• Processing the customer’s promotional invoices - Pivotal role in AR identification, reason code segregation and deduction / payment clearing.
• Follow up and remind distributors for Order receipts & processing (Revenue Recognition) entry on timely manner, respecting

Requirements

• Understanding end to end, upstream/downstream business impacts.
• Minimum years of related experience required: 2+ Years.
• Basic understanding of finance and accounting with more focus on Accounts Receivable Management.
• Strong customer relations, articulation & communication skills.
• Preferred years of related experience: 0-2 years.
• Preferred Major Area of Study: Finance & Accounts/ BMS/BBS

General Mills India

General Mills India is an employer hiring in India. In its own words: "Discover General Mills, a global food company building trusted brands, supporting communities and making food the world loves."

Its finance, accounts, audit and tax openings in India are mostly in Mumbai.