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Analyst - Global Accounts Payable

General Mills

General Mills

IT, Accounting & Finance
powai, mumbai, maharashtra, india · India
Posted on Oct 5, 2024

Job Description


Position Title

Analyst- Global Accounts Payable

Function/Group

Finance Shared Services

Location

Mumbai

Shift Timing

1.30 pm -10.30 pm

Role Reports to

Manager - Vendor Service Delivery & Projects

Remote/Hybrid/in-Office

Hybrid


ABOUT GENERAL MILLS

We make food the world loves: 100 brands. In 100 countries. Across six continents. With iconic brands like Cheerios, Pillsbury, Betty Crocker, Nature Valley, and Häagen-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 http://www.generalmills.com

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 https://www.generalmills.co.in

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.

For more details about the Function please visit this Link

Purpose of the role

Individual will be responsible for managing the Service Delivery of Accounts Payable operations performed by our third-party service provider for GMI International countries, by ensuring flawless service delivery in a consistent and standardized manner. Individual will be responsible for providing strong process expertise from a technical and process perspective to a team of third-party service provider and countries in a hybrid environment. Individual will need to develop a strong partnership with operations team and various stake holders in the countries and headquarter. Participate and assist on projects for new solutions implementation.

KEY ACCOUNTABILITIES

90% of Time-

  • Work very closely with the Manager, Global AP to drive consistent and common approach to Accounts Payable across all global GMI entities.
  • Demonstrate Subject Matter Expertise in Accounts Payable process
  • Provide direction and guidance to third party AP team based at various locations
  • Manage relationship and maximize the level of customer service to internal and external stakeholders
  • Manage Accounts Payable escalations
  • Assisting in AP activities handled by third party and resolving queries
  • Proactively work towards increasing internal controls and process efficiencies
  • Report on key metrics, SLA’s and KPIs for management
  • Monitoring AP activities handled by third party are done in a timely manner with accuracy
  • Monitor and ensure third party AP is following the standard procedures
  • Review the reporting published by service provider for accuracy and suggest improvements
  • Collaborate with third party service provider and countries to ensure accurate and timely resolution
  • Ensure clear process documentation is in place, utilized and updated in timely manner
  • Support internal/external audits to ensure compliance with GMI and Sarbanes-Oxley requirements
  • Develop strong relationships with various business partners including other Mumbai support teams and Minneapolis headquarter teams
  • Complete system testing as and when required
  • Ensure the systems (SAP & Workflow) are working as designed and co-ordinate with support teams to fix any issues
  • Ensure payment disbursement process is functioning smoothly
  • Ensure wire payments are made in timely manner

10% of Time

  • Identify, initiate, and implement process improvement ideas. Leverage Continues Improvement tools or mindset to identify recurring issues and work towards Institutional Solution.
  • Actively participate in team or site events/initiatives

MINIMUM QUALIFICATIONS

  • Education – Full time graduation from an accredited university (Mandatory- Note: This is the minimum education criteria which cannot be altered)
  • Minimum years of related experience required: 6 Years in Accounts Payable

PREFERRED QUALIFICATIONS

  • Preferred Degree Requirements: Masters
  • Preferred Major Area of Study: Accounting and Finance/Commerce
  • Preferred years of related experience: 6 to 9 Years

Specific Job Experience or Skills Needed-

  • Possesses end-to-end Procure-To-Pay knowledge (Preferred experience in US, Europe and Asian markets)
  • Should have a strong SAP and SAP-VIM Workflow hands on experience and knowledge of system logics.
  • Has hands on experience in PO, NON-PO and Freight invoice processing in SAP
  • Has worked in US/Intl Accounting process.
  • Has proven analytical thinking and problem-solving skills.
  • Has multitasking skills and can prioritize and complete multiple tasks.
  • Should have experience in system testing and strong knowledge of system logics
  • Ability to question, recommend, influence and lead process changes to enhance efficiency and effectiveness for the team and stakeholders
  • Advanced MS Office skills preferred (i.e. Word, Excel, PowerPoint)
  • Strong interpersonal and communication skills
  • Has managed a team of Accounts Payable executives.

Competencies/Behaviors required for job

  • Delivers outstanding results: through critical thinking, communication, interpersonal effectiveness and business acumen
  • Business Process and Analytics: Understand the financial implication & business driver behind them
  • Business Partnership: Professional attitude in dealings with clients/customers
  • Financial Acumen: Understands accounting practices and implications
  • Lead Innovation: Innovate/experiment with new approaches and shifts priority when necessary


COMPANY OVERVIEW

We exist to make food the world loves. But we do more than that. Our company is a place that prioritizes being a force for good, a place to expand learning, explore new perspectives and reimagine new possibilities, every day. We look for people who want to bring their best — bold thinkers with big hearts who challenge one other and grow together. Because becoming the undisputed leader in food means surrounding ourselves with people who are hungry for what’s next.