Sr Executive - A/R & Trade

ABOUT GENERAL MILLS

We make foodthe world loves: 100 brands. In 100 countries. Across six continents. With iconic brands like Cheerios, Pillsbury, Betty Crocker, Nature Valley, and Hagen-Dazs, we've been serving up food the world loves for 155 years (and counting). Each of our brands has a unique story to tell.

How we make our food is as important as the food we make. Our values are baked into our legacy and continue to accelerate

us into the future as an innovative force for good. General Mills was founded in 1866 when Cadwallader Washburn boldly bought the largest flour mill west of the Mississippi. That pioneering spirit lives on today through our leadership team who upholds a vision of relentless innovation while being a force for good. For more details check out

General Mills India Center (GIC) is our global capability center in Mumbai that works as an extension of our global organization delivering business value, service excellence and growth, while standing for good for our planet and people.

With our team of 1800+ professionals, we deliver superior value across the areas of Supply chain (SC) , Digital & Technology (D&T) Innovation, Technology & Quality (ITQ), Consumer and Market Intelligence (CMI), Sales Strategy & Intelligence (SSI) , Global Shared Services (GSS) , Finance Shared Services (FSS) and Human Resources Shared Services (HRSS).For more details check out

We advocate for advancing equity and inclusion to create more equitable workplaces and a better tomorrow.

JOB OVERVIEW

Function Overview

The Finance organization partners across General Mills to provide financial expertise to guide and govern the company. We bring a distinctive skill set to help the company sustainably drive strong returns on investment, whether that's brand investments, capital investments or resource investments. We hold ourselves accountable for the areas where we are uniquely positioned to drive results - what we call our Strategic Priorities - but we never lose sight of the fact that we only truly win when the company wins. The Finance function operates as a global team through the partnership of a series of enterprise-focused and business-embedded groups.

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Purpose of the role

This position is responsible to make prompt and accurate accounting of Customer Trade and Non-Trade Invoices and to manage Customer Deduction Aged trial balance as per the agreed SLA's/ Goals. Forge relationships with the local market, Sales and Logistics teams to ensure smooth day to day functioning. Adherence to all audit control requirements and SOX requirements.

KEY ACCOUNTABILITIES

85% of Time - Operational Management

• Processing the customer's invoices
• Reconcile invoices received from General Mills Customers to the corresponding plans and clear deduction on the account's trial balance.
• Maintain an accurate and current accounts receivable trial balance.
• Develop and maintain Trade profiles and document customer-specific behavior that requires non-standard handling.
• Gain an in-depth knowledge of Customer details as well as comprehensive understanding of GMI Products/ groups.
• Develop expertise in utilizing customer specific websites for sourcing customer support/documentation.
• Validate and process non-Trade claims including Price, Damages, quantity - manage approval with business where applicable
• Focus on continuous improvement to the Non-Trade and LACDM Process and identifying opportunities for efficiencies.
• Provide assistance in resolving issues relating to customer invoices, deductions and payment.
• Develop an expertise for at least 2-3 Regions
• Forge relationships with the local market, Sales team to ensure smooth day to day functioning.
• Adherence to all audit control requirements and SOX requirements.

15% of Time - Continuous Improvement

• Drive Continuous improvement within process and deliver HMM