Account Receivables

Bunge Romania
Bucharest, Romania
Competitive salary
11 Oct 2021
11 Nov 2021
Contract type
Full time

AR Accountant – Account Receivables, Bucharest Shared Service Center, Romania

Bunge Limited (, NYSE: BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 32,000 employees. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredients used by food companies; and sells fertilizer in South America. Founded in 1818, the company is headquartered in White Plains, New York. Bunge has setup Shared Services Center in Bucharest, Romania to support Bunge Global in areas of Finance & Accounting and Procurement

The AR Accountant is responsible for processing Collections and Dispute activities and support Cash Application Accounting & Reporting activities, which services the Europe operations for Bunge Group.

Key Responsibilities & Tasks

  • Identify and research for unapplied cash receipts from clients
  • Post cash application adjustments in system
  • Resolve client queries within defined timelines
  • Prepare and review Accounts Receivables (AR) aging report to Europe Finance Team
  • Post AR write-offs as per instructions by Europe Finance Team
  • Support in preparing and sending weekly/monthly unapplied cash receipts to Europe Finance Team
  • Perform collection activities for assigned company codes/segments
  • initiate and monitor dispute resolution
  • Perform SOX controls and ensure SOX compliance as per the policies in place

Additional responsibilities:

  • Resolve client queries within defined timelines
  • Provide reports and run queries to assist Europe Finance Team in period end closing process
  • Identify ideas for process improvement utilizing industry leading practices
  • Handle exceptions generated, perform root cause analysis to resolve current issues and act proactively to avert potential issues in future
  • Provide all information, documents and reports for audit. Post the audit; take steps as per corrective action plan drafted by the Team Leader
  • Process formalization, constant SOP review and update for BBS countries in scope
  • Ensure procedures are compliance with Group Policies and reporting requirements

Knowledge and Experience


  • 1 - 3  years of work experience in a similar role preferred
  • Experience in Agribusiness/Commodity trading industry preferred 
  • Minimum Education Qualification – Graduation
  • Good knowledge of concepts and procedures related to Billing and Cash Application processing
  • Ability to provide high quality level of customer service for the Billing and Cash Application processes
  • Ability to work independently, efficiently and deliver high quality output under time pressure
  • Independent and meticulous with figures
  • Strong written & oral communications skills in one or two of the languages Spanish, Italian, German, Dutch, Portuguese, French and English
  • and English
  • Strong problem solving & organization skills
  • Experience in managing people and processes through a sustained period of change
  • Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
  • Experience in ERP/ Accounting systems

Distinct Advantage

  • Experience working in a similar Shared Services Centre setup a distinct advantage
  • Experience in processing of high volumes of transactions
  • Experience in SAP, workflow tools and document imaging systems