Job Description:
Key Responsibilities
Shared Services Performance
• Ensuring timely cash application by downloading daily bank statements, Post and apply unapplied payments, contact customer and resolve unapplied/unidentified payment issues.
• Communicate with internal and external customers in an effective and efficient manner.
• Dispute / deductions management - Determination and creation of disputes; resolution of unearned payment discounts.
• Periodic/Weekly reconciliation with customers to resolve all outstanding issue.
• Responsible to manage period close tasks related to AR and month end reporting such AR aging and bad debts.
• Collaborates with Sales and Customer Service Teams to ensure aligned Cash objectives. Also work with Distributors to ensure Payment Terms adherence
• Partner with Supply chain team to contract on shipments phasing and communicate the weekly tracker to all stakeholders
Continuous Improvement
• Report and Analyze A/R aging, by monthly/daily AR GL reconciliations and ensure timely submission AR related Balance sheet accounts reconciliation through Blackline.
• Timely and accurate processing – take ownership and initiative until transaction is successfully and accurately processed.
• Monthly reconciliation of statement of accounts with the sales team & ensuring all accounts are up to date and maintained.
• Keep the procedures up to date, feedback any changes to Service offering to line manager
• Identifies areas for improvement within the O2C area, apply synergies and standardization
• Balance Sheet reconciliation on periodic basis by providing, communicating BS Backups to S&F Stakeholders.
Governance & Internal Controls
• Monthly reconciliation of statement of accounts with the sales team & ensuring all accounts are up to date and maintained.
• Reconciling and balancing accounts at period end (Blackline) including submission of the data.
• Establish and maintain a control environment for the processes represented by MFS. • Follow the accounting practices as described in Mars Finance Manual.
Education & Professional Qualification
B.A. /B.S. with Accounting or similar concentration.
Knowledge/Experience
3-5 years of experience
Top Skills
What We Do
For more than a century, Mars, Incorporated has been driven by the belief that the world we want tomorrow starts with how we do business today. This idea is at the center of who we have always been as a global, family-owned business. Today, Mars is transforming, innovating and evolving in ways that affirm our commitment to making a positive impact on the world around us.
Across our diverse and expanding portfolio of confectionery, food, and petcare products and services, we employ 133,000 dedicated Associates who are all moving in the same direction: forward. With $40 billion in annual sales, we produce some of the world’s best-loved brands including DOVE®, EXTRA®, M&M’s®, MILKY WAY®, SNICKERS®, TWIX®, ORBIT®, PEDIGREE®, ROYAL CANIN®, SKITTLES®, WHISKAS®, COCOAVIA®, and 5™; and take care of half of the world’s pets through our pet health services AniCura, Banfield Pet Hospitals™, BluePearl®, Linnaeus, Pet Partners™, and VCA™.
We know we can only be truly successful if our partners and the communities in which we operate prosper as well. The Mars Five Principles – Quality, Responsibility, Mutuality, Efficiency and Freedom – inspire our Associates to take action every day to help create a world tomorrow in which the planet, its people and pets can thrive.
