Job Description :
Context/Scope
Diageo is a global leader company in beverage alcohol with an outstanding collection of over 200 brands enjoyed in more than 180 countries. We are home to over 30,000 talented people all working together to make Diageo one of the best and most respected consumer product companies. Walk into any Diageo distillery, brewery or office anywhere in the world and you’ll meet teams of people who are very good at what they do and who enjoy doing it.
Diageo Enterprise Operations provides a wide array of both financial and business services to Diageo markets and functions around the world. Over the years the services offered have grown rapidly in terms of scale and scope, gradually moving toward higher value and more complex activities. Now, with an increased focus on standardised end-to-end process excellence, Diageo Enterprise Operation is set to drive world class productivity, business agility and growth, liberating and equipping our markets to win.
Diageo Enterprise Operations model is based around 5 global locations: Budapest, Bogota, Nairobi, Manila, Bangalore. Each of these centres has Sell to Cash Service Delivery team focused on delivering the STC Service to specific countries within the E2E Commercial Tower.
The Process Excellence Accounts Receivable and Cash Applications Stream is part of the Sell to Cash (STC) process. It ensures proper operation of processes from incoming fund allocation on customer ledger, customer ledger maintenance, credit blocked order release to dispute management and reporting.
Dimensions of the role
STC deals with some 25.000 customers resulting in some 400.000 orders and collection of around 9 billion GBP an annual base.
The role involves performing credit release, accounts receivable, clearing and billing tasks for one or more markets.
Purpose of Role:
Provide world class support for the Customer Experience Team to ensure all orders, credit and debit notes are billed in time, incoming cash is timely allocated from bank account to customer ledger and within customer ledger, credit blocked orders are released with appropriate approvals, write offs and GL reconciliations happen in a timely manner with appropriate approvals.
Required Capabilities:
Accuracy, attention to detail
Ability to communicate clearly in English
Knowledge of or ability to learn STC process and systems
Understands and complies to controls in own area
Ability to effectively prioritise and deliver on promises
Proactive, solution-focused mind-set and positive “can do” attitude
Ability to take ownership for standardization, automation
Ability to work in often pressurized environment
Receptive to feedback and is willing to learn from mistakes
Active team player
Accountabilities:
Manage all Clearing and Billing tasks, immediately escalate issues
Manage customer ledger (cash and credit note allocation, up-to-date information about disputes, write offs, reconciliation)
Ensure all SAP documents (invoices, credit and debit notes) are billed and delivered to customers
Monitor interfaces, resolve all interface and EDI related issues
Raise and respond to Internal Query Management ticket on time as appropriate in order to drive customer queries towards resolution (e.g. price, delivery, A&P, rebate related deductions)
Manage relationship with STC Customer Experience Team
Maintain Desktop Training Procedures
Continuously support standardization and automation, system and process improvement initiatives
Actively promote the CARM (Sarbanes Oxley)/Control agenda
Support other STC processing activities (customer data, order entry, price and delivery credit note creation, customer spend, rebate processing)
Execute Anti-Money Laundering and OFAC checks as appropriate
Reporting (daily, weekly and monthly reports)
Any other tasks requested by line manager
Key performance indicators
Unallocated Cash
Ledger Quality – untexted, unreasoncoded items
Timely credit blocked order release according to market needs and 3PL order transfer timelines
Timely direct debit and outgoing payment runs according to market needs
SLAs
No hidden operational risks and issues
No control failures
Qualifications and Experience Required:
Essential
High accuracy
Fluent English language skills – company language
Solid PC literacy, strong Excel skills
Desirable
College or university Degree
Experience in a Finance / Accounts Receivable role
STC process knowledge and working experience
System skills (SAP Order to Cash knowledge)
Barriers to Success in Role (Optional):
Lack of English language knowledge
Lack of accuracy, attention to details
Difficulties in setting priorities and in working independently
Difficulties with demonstrating ownership
Not a team player
Flexible working options
Full time role, flexibility needed according to time zone of serviced markets
Worker Type :
Regular
Primary Location:
Bangalore Karle Town SEZ
Additional Locations :
Job Posting Start Date :
2021-09-21-07:00
As a global leader in beverage alcohol, our 200+ brands are part of everyday celebrations in over 180 countries. Our ambition is to create the best performing, most trusted and respected Consumer Products Company in the world.
Ever since Arthur Guinness took out a 9,000 year lease on a Dublin brewery, some 250 years ago, we became a business that is defined by the character of the people who work here. It took immense character from Alexander Walker to convince the captains of every ship in the port of Glasgow to take crates of Johnnie Walker to the four corners of the world. Today, nothing’s changed.
We’re proud to be more than 27,775 talented people . While they make our iconic brands ever stronger around the world, we help them go further than they thought possible. Diageo is where you’ll find a wide variety of personalities, experiences and perspectives , wherever you’re based in the world. It makes for a stimulating and rewarding working environment, where everyone can flourish.
DRINKiQ
What’s your DRINKiQ? Take our quiz to understand how alcohol is made and explore the effects of drinking. You can discover everything you need to know on DRINKiQ website (https://www.diageo.com/en/in-society/drinkiq/alcohol-facts/) .
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