Process Executive- Trade Contracts

5 days ago

Amritsar, Punjab, India Bunge Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Location : Mohali

City : Mohali

State : Punjab (IN-PB)

Country : India (IN)

Requisition Number : 42216

Role Purpose Statement This position is responsible for timely and accurate entry of contracts into the system, including amendments, physical issuance of the contracts and counterparty set in the system, serving Asia Pacific region contract admin activities for Bunge. This is an Individual contributor role with ultimate goal of building an efficient and self-reliant Contract admin team

Main Accountabilities

  • In-put of purchase and sale contracts and relevant amendments.
  • Creation of master data for new contractual counterparties.
  • Allocation of futures pricing, rolling of futures pricing and overfill / underfill pricing.
  • Issuance of contracts using Bunge standard terms
  • Review of third party issued contracts.
  • Produce and retain documentation in accordance with Company's policies and procedure requirements.
  • Effective communication with all Internal and external stakeholders on day-to-day operational related matters.

Additional responsibilities:

  • Preparing daily, weekly and monthly reports
  • Handle month end record reconciliation.
  • Timely & proper resolution of queries with a solution driven approach.
  • Identify and propose ways of process improvement as per Industry leading practices.
  • Work on CI related projects.
  • Provide all information, documents and reports for audit. Post the audit; take steps as per corrective and preventive action plan set by the Team Leader.
  • Provide guidance and support co-workers, knowledge sharing and best practices."

Knowledge and Skills

Behavior

Improve Bunge's outcomes by making data-driven decisions, keeping the customer at the forefront of all they do, and proactively gaining insight into the global strategy.

Collaborate, effectively communicate with others and take initiative to continually develop themselves.

Pursue opportunities to solve problems and take action while maintaining the ability to manage work, even in times of challenge or change."

Technical

  • Relevant experience in handling entry and issuance of commodity contracts for bulk and container shipments of Agri-commodities, with good knowledge of GAFTA, FOSFA contracts' rules.
  • Good knowledge of concepts and procedures related to contract life cycle of commodity contracts and related terms & guidelines, including expertise in Incoterms, logistics and shipping documents.
  • Strong written & oral communications skills in English. Knowledge of any other foreign languages will be an added advantage
  • Computer proficient and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook).
  • Experience in working with SAP system (Added Advantage)"

Education & Experience

  • 1-2 years of work experience in a similar role or with International Commodity company.
  • Minimum Education Qualification – Graduation. Post-graduation would be an advantage.
  • Relevant experience in handling commodity contracts and knowledge of GAFTA, FOSFA contracts desirable.

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

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