Associate Manager

Business Title: Associate Manager - Middle office

Global Department: Middle office

Role Purpose Statement:

• Risk positions related issues to be fixed by arranging meeting with stakeholder & align within the team.
• Ensure smooth process of all Risk positions to be published and validated as per agreed time.
• Responsible for ensuring all Future / Option related issues has been fixed and align with stakeholders & team.
• Review & monitoring SOX control adherence by the team and all supporting documentation has been saved for audit purpose.
• Monitoring of issues resolved on time related to reconciliation of Unrealized/realized MTM on Futures/options.
• Issue in daily reconciliation with Trader PnL to be resolved asap.
• Ensure monitoring the daily reconciliation of Unrealized/realized MTM on Futures/options.
• Ensure smooth process related to daily PnL based on the market price movements and fix it.
• Responsible for team's timely reconciliation of Balance sheet accounts in One Stream.
• Ensuring posting all MTM in SAP (Month end) on agreed timeline.
• Review and Monitoring team activity of MTM calculation on month end.
• Responsible for reconciling the Intercompany MTM with other Bunge entities on month end and aligning stakeholders for that.
• Presentation of monthly MTM issues to FP/ Controller on monthly basis and find out way to smooth it.
• Ensure Team is complying with Sarbanes Oxley Standards
• Ensure teams are complying with internal finance controls, procedures in place and in compliance with company policies
• Review /Preparing the MTM adjustments and sharing with Trade accountants to post.
• Review & ensure proper resolution of mismatches in IC balances with counterparties
• Review & Preparation of SOP and updating as per current process from time-to-time along with team
• Monitoring of testing to be done on agreed timeline
• Handling Sox queries and auditors (Internal and external) observation and responding to them.

Main Accountabilities:

Daily Activities : Risk Position, derivatives & Pnl to be on time.

Month end activities (MTM Pre & Post) and analyse the reason for IC difference.

Compliances : Audit / SOX & One Stream Reconciliation etc.

Lead in Automation project / testing / any other development etc.

Resource development, retention and proper backups etc.

Education & Experience:

• 8-10 years of work experience in a similar role.
• Experience in Agribusiness/Commodity trading industry preferred.
• Minimum Education Qualification – C.A. / CMA / FRM / CFA / MBA will be preferred.
• Good knowledge of concepts and procedures related to Mark to Market, Options, Futures, Hedging, Intercompany and Risk Positions.
• Ability to provide high quality level of customer service for MTM, Intercompany and other reporting activities.
• Ability to work independently, efficiently and deliver high quality output under time pressure and support to team for providing required results on time.
• 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, Excel, Outlook)
• Experience in ERP/ Accounting systems (SAP) will be added advantage.
• Strong Team mentor and encourage team to achieve organization objectives on time.
• Knowledge of Europe languages will be added advantage.

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. Veterans/Disabled