Manager - Treasury

Job Description

Business Title

Manager - Treasury

Global Job Title

Mgr I Finance Treasury

Global Function

Business Services

Global Department

Finance - Treasury

Organizational Level

7

Reporting to

Sr.Manager Treasury / AGM Treasury

Size of team reporting in and type

Role Purpose Statement

Founded in 1818, the company is headquartered in White Plains, New York. Bunge has implemented a Shared Services Center in Chandigarh, India to support Asia Pacific operations in areas of Finance & Accounting, Trade Operations and Treasury.

The Executive is responsible for performing Cash & Debt management activities supporting Treasury operations, which services the Asia Pacific / Europe / US operations for Bunge Group. In addition, the Executive is also responsible for supporting Officers in transaction processing & issue resolution.

Main Accountabilities

Key Responsibilities

- Manager treasury FX Dealing - Deal Confirmations and Settlements of multiple currencies for various countries/geographies

• Processing manual FX Payments & Sign-off

• Preparation & analysis of FX unhedged exposure

• Calculation of MTM on Hedges & Derivatives

• Identify & prepare funding/ repayment requirements as required.

• Prepare and submit Debt/FX/Investments reports and submit to authorities of that country.

• Monitoring and Review the Inter-co loan balances and its interest, commitment fees, other charges and charge to respective entities of the company

• Prepare & submit Indebtedness report as per defined schedule

• Liaising with senior management across the organization

• Monitor and reconcile bank accounts

• Supporting the month end process where necessary

• Manage and oversee bank account management function, opening closing of bank accounts, KYC, signatory management, bank account database management, GL set-up and H2H set-ups

• Manage and oversee the IHC (In house cash/bank) flows and settlements, loans and interests with Bunge subsidiaries

• Manage the online banking system, user management, bank admin function, credit card management and its associated controls

• To oversee the see the FX dealing function, cash pooling and cash forecasting/planning process

Additional responsibilities:

- Leading a team of 10-12 people

• Stakeholder management and actively perform governance and service reviews with stakeholders and business partners

• Resolve queries within defined timelines

• Manage a team of finance professionals, providing guidance, coaching, and mentoring to support their professional development.

• Collaborate with other departments, including accounting, legal, and risk management, to ensure that financial policies and procedures are consistent with the company's overall goals and objectives.

• 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, SOPs.

Knowledge and Skills

Behavior

Make decisions aligned to Bunge's global strategy, business needs and financial goals and explore new perspectives by driving innovation.

Cultivate strong relationships and networks, effectively influence others, and develop talent to excel in their current and future roles.

Develop data driven strategies aligned with Bunge's priorities, energize others to action through clear and compelling communication.

Technical

Good understanding of hedges, SPOT, Forward, M2M

- Experience in Agribusiness/Commodity trading industry preferred

• Good knowledge of concepts and procedures related to Cash & debt management accounting & reporting

• Ability to provide high quality level of customer service of FX/ Hedges / M2M

• Ability to work independently, efficiently and deliver high quality output under time pressure

Education & Experience

• 10-15 years of work experience managing a Treasury Function

• Minimum Education Qualification – Graduation

• Experience of KYC, account opening and closure with banks, E banking management, bank relationship management

•
• Independent and meticulous with figures

- Strong written & oral communications skills in English. Knowledge of Asia languages added advantage.

• Strong problem solving & organization skills

• 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/SAP/Online Banking Portals

• Experience working in a similar Shared Services Centre setup a distinct advantage

• Experience in processing of high volumes of transactions

• Experience in SAP, workflow tools and document imaging systems

• Willing to work in different shift timings specially US shifts

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