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Senior Process Associate

6 months ago

Amritsar, India Bunge Full time

Location : Mohali 

City : Mohali 

State : Punjab (IN-PB) 

Country : India (IN) 

Requisition Number : 35745 

Job Title: Treasury – Senior Process Associate

Reporting:

Reports to Treasury Team Leader or Associate Manager

 Job Purpose: Bunge Limited (, 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 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.

Key Responsibilities

Manage FX Settlements Processing manual Payments Perform Sign off of FX contract Calculation of MTM on Hedges & Derivatives • Securitization working Identify & prepare funding/ repayment requirements as required. Prepare & 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 & 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

 Knowledge and Experience Essential:

• 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

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