Team Lead- Rtr

Location MohaliCity MohaliState Punjab IN-PB Country India IN Requisition Number 36049Job Title Team Lead - RTRShift UK ShiftShift allowance NAReporting Reports directly to Manager Sr Manager A G M Location Mohali Chandigarh IndiaJob PurposeBunge 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 Mohali 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 Reconciling Accounting PL with Business estimate along the expected lines and identifying the reasons of differences if any investigate and explain or resolve material differences Posting Trade accruals for reconciling timing differences with Trading partners and also to align the Accounting PL with business Timely reporting of monthly accounting results along with trader s estimates to controller and Finance business partners Liaising with various teams execution trade support and FPA business partners to ensure timely closure of month end reporting and resolving various relevant issues Monthly analyzing the variances of various P L and BS line items by comparing the same to last year comparative numbers Daily analysis of each execution and split the variance of MTM and execution into structural and positioning Identify resolve mismatches in IC balances with counterparties Weekly review of extra costs i e Unplanned costs and send to business partners for their confirmation Reviewing inventory costs and sending the same to Middle office to ensure correct mark to market on inventory Preparing monthly working capital details for Finance business partners Responsible for review posting of Manual Journal Entry JEs in system post approval from Country Finance Team Responsible for review 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 Liaising with auditors Internal and external and responding to their queries Business Unit Accounting or Factory accounting will be preferred Knowledge and ExperienceEssential 4 - 5 years 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 Ability to work independently efficiently and deliver high quality output under time pressure Independent and meticulous with figures 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 Experience in managing people and processes through a sustained period of change Excellent 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