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Process Executive

3 months ago

Bhurai In Bunge Full time

Location : Mohali 

City : Mohali 

State : Punjab (IN-PB) 

Country : India (IN) 

Requisition Number : 36036 

 

Job Title:                     Process Executive - RTR

Shift:                                  UK Shift

Shift allowance:              NA

Reporting:                   Reports directly to Team Lead/AM/Manager

Location:                          Mohali, Chandigarh, India

 

Job Purpose

 

Bunge Limited (www.bunge.com, NYSE: BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 35,000 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 implemented a Shared Services Center in Chandigarh, India to support Global Operations in areas of Finance & Accounting, Trade Operations, Treasury and IT Support and other back-office support Services.

 

The Candidate is responsible for support Record to Report (RTR_Trade Accounting) function in managing/performing Reconciliation of Accounting PL with Business estimates, General Ledger, Intercompany, and Balance sheet Reconciliations etc. EOM activities.

 

 

Key Responsibilities
  • Posting Trade & freight accruals for timing differences in PnL and inter co (JPM, Brokerage, Prepaid amortization)
  • Preparation of reports of monthly accounting results along with trader’s estimates to controller and Finance business partners
  • Perform Monthly variance analysis  various P&L and BS line items by comparing the same to last year comparative numbers
  • Preparation report of daily executions to reconcile with estimate
  • Identify & resolve mismatches in IC balances with counterparties
  • Weekly preparation of extra costs i.e. Unplanned costs and after review by reviewer, send to business partners for their confirmation
  • Preparing monthly working capital details for Finance business partners.
  • Responsible for preparation and & posting of Manual Journal Entry (JEs) in system post approval from Country Finance Team.
  • Responsible posting futures/FX hedging in SAP
  • Reconciliation of Balance sheet accounts in One stream
  • Complying with Sarbanes Oxley Standards
  • Preparing and updating process documentation and to keep up to date all the time
  • Responding to auditors’ (Internal and external) queries
  • Business Unit Accounting or Factory accounting will be preferred

 

Knowledge and Experience

Essential:

  • 1 year minimum of work experience in a similar role
  • Experience in Agribusiness/Commodity trading industry preferred 
  • Minimum Education Qualification –CA, ICWA will be preferred
  • Good knowledge of concepts and procedures related to General Ledger, Mark to Market, Options,  Futures, Intercompany and Reporting activities
  • Ability to provide high quality level of customer service for General Ledger, Intercompany & Reporting activities
  • Strong communication & Interpersonal skills to work effectively with internal/external teams across the Globe.
  • Strong problem solving & organization skills
  • Develop knowledge of the business, Accounting systems, Reconciliation policy, Finance Control standards and Quality Framework and ensure compliance with these
  • Good computer skills and competency in Microsoft Office (Word, PowerPoint, Advance Excel, Outlook)
  • Experience in ERP/ Accounting systems (SAP) and Reporting tool (One stream) will be added advantage
  • Strong Team Player

Distinct Advantage

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

 

Bunge (NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Founded in 1818, Bunge’s expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe. The company is headquartered in St. Louis, Missouri and has 25,000 employees worldwide who stand behind more than 350 port terminals, oilseed processing plants, grain facilities, and food and ingredient production and packaging facilities around the world.

 

Bunge is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, transgender status, national origin, citizenship, age, disability or military or veteran status, or any other legally protected status.  Bunge is an Equal Opportunity Employer. Minorities/Women/Veterans/Disabled