Senior Process Associate

4 days ago


Amritsar, Punjab, India Bunge Full time
Job Title:

Senior Process Associate - Global Financial Operations

About the Role:

We are seeking a highly skilled and experienced Senior Process Associate to join our Global Financial Operations team. In this role, you will be responsible for managing FX settlements, processing manual payments, and performing sign-offs of FX contracts.

Main Responsibilities:
  • Manage FX settlements in accordance with company policies and procedures
  • Process manual payments in a timely and accurate manner
  • Perform sign-offs of FX contracts, ensuring compliance with regulatory requirements
  • Calculate MTM on Hedges & Derivatives, including securitization working
  • Identify and prepare funding/repayment requirements as required
  • Prepare and submit monthly debt forecast within agreed timelines
  • Reconcile debt balance with APAC/Europe/US Treasury Team
  • Prepare variance analysis report for debt forecast (planned v/s actuals) and provide commentary for variances
  • Prepare and submit Indebtedness report as per defined schedule
  • Monitor and reconcile bank accounts
  • Involving in KYC process of banks, Opening and closing of bank accounts, ARS set-ups etc.
  • Understanding of In-house bank flows, cash pools, IHC settlements
Additional Responsibilities:
  • Resolve queries within defined timelines
  • Support Officers in performing Cash & debt management accounting & reporting
  • Provide reports and run queries to assist APAC/Europe/US 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.
  • File and archive relevant documents
Requirements:

To be successful in this role, you will need to have:

  • 2-3 years of work experience in a similar role
  • Experience in Agribusiness/Commodity trading industry preferred
  • Minimum Education Qualification – Graduation
  • Good knowledge of concepts and procedures related to Cash & debt management accounting & reporting
  • Ability to work independently, efficiently and deliver high quality output under time pressure
  • Independent and meticulous with figures
  • Strong written & oral communications skills in English. Knowledge of Asia languages added advantage.
  • Strong problem solving & organization skills
  • Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
  • Experience in ERP/Accounting systems/SAP Distinct Advantage
  • Experience working in a similar Shared Services Centre setup a distinct advantage
  • Experience in processing of high volumes of transactions
  • Willing to work in different shift timings specially US shifts
Compensation and Benefits:

The estimated annual salary for this position is $80,000-$100,000 depending on location and experience. Bunge offers a comprehensive benefits package, including medical, dental, and vision insurance, 401(k) matching, and paid time off.



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