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Job description / Role
Purpose of the Role:
- To handle all receivables and distributors Debit notes, end to end process, independently. This comprise following activities
Key Responsibilities:
Receivables:
- Receive payments from customers on timely basis
- Review & reconcile the statement of accounts for all Customers
- Handle independently all queries raised by customers
- Coordinate with HUB and all other stakeholders to issue debit notes/Credit notes to customers
- Review recoverable account on regular basis and ensure all debit notes has been raised on timely basis
- Assist in reduction of working capital by minimising overdues from customers
- Coordinate with CG for customer related issues
- Maintain and improve all order to cash KPI's
Distributor Claims/Debit notes:
- Regular follow-up with Distributor to send Debit Notes for approved claims.
- Timely updation of debit notes control sheet ( GT / MT / SC / Others)
- Coordinate between CG and BB/CD finance teams to resolve the queries on timely basis.
- Risk to be communicated to business by AP on timely basis
- Get approval for booking of prior year overspends.
- Timely payment/offset of Debit notes
- Periodic SOA Reconciliation with distributor statements.
- Follow and get Debit notes booked which appears in distributors statement but not received
- Support local FBP and CD finance team.
- Provide support for any adhoc requirement from the Business on Analysis of spends against Activity.
TMI/BMI Accounting
- Ensure timely and accurate TMI/BMI/Media accruals are done by CapGemini
- Send analysis for TMI/BMI booking
- Ensure no negative balance in LEVANT AP's
- Support local Business partners by providing information on timely basis.
Debtors Control:
- Accountable for handling receivables independently for Arabia entities.
- This person needs to send statement of account to all customers on timely basis.
- The concerned person should be able to resolve all queries with customers independently and ensure to get payments on timely basis and keep debtors within control.
- He should be able to communicate effectively with internal and external customers including CG .
- He / she will be responsible to review all customer accounts on monthly basis and resolve any discrepancy on timely basis.
Distributor Claims/Debit notes:
- Accountable for accounting and settlement of distributor's claim on timely basis.
Internal and External Audit:
- He/she will be responsible for providing the data to auditors to carry out their audit work for receivables and handling all audit issues independently.
- TMI/BMI/Media accounting
- He/She will be responsible for accounting and controlling the TMI/BMI/Media expenses
- Reduction in Working Capital
- Take initiative to reduce the Trade Debtors balances by ensuring timely realisation of customer money.
- MIS for Receivables and overdues:
- He will be responsible for timely circulation of receivables and overdue reports to management
Requirements
Qualifications:
- Creative Thinking
- Influencing Skills
- Drive and Proactively
- Passion for growth
- Organizational Awareness
- A service oriented mindset
- Time management
- Communicating effectively with customers
- Continuous Improvement Tools and Techniques will be an added advantage.
Relevant Experience:
- Bachelor's degree in Accounting
- Proficiency in System operations.
- Two to three years experience in receivables
- Knowledge of SAP
About the Company
Unilever is one of the leading FMCG company with 400 brands spanning 14 categories of home, personal care and foods products, no other company touches so many people's lives in so many different ways.
Our brand portfolio has made us leaders in every field in which we work. It ranges from much-loved world favourites including Lipton, Knorr, Dove and Omo, to trusted local brands such as Blue Band and Suave.
From comforting soups to warm a winter's day, to sensuous soaps that make you feel fabulous, our products help people get more out of life.
We're constantly enhancing our brands to deliver more intense, rewarding product experiences. We invest €1 billion every year in cutting edge research and development, and have five laboratories around the world that explore new thinking and techniques to help develop our products.