Bunge India | Associate Manager-FX-COE

Responsibilities

• In addition, also responsible for supporting Officers in transaction processing & issue resolution
• Reconciliation of Trader Position with Broker statement and raise an alarm in case of mismatch to respective parties.
• Review open contracts for various commodities and ensure equivalent currency hedge.
• Liaising with senior management across the organization.
• Supporting the month end process where necessary.
• Resolve queries within defined timelines.
• Manage a team of finance professionals, providing guidance, coaching, and mentoring to support their professional development.
• 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.
• Collaborate with other departments

Education & experience

• Should have understanding of commodity business of various commodities with equivalent currency hedge.
• Should possess good understanding of ERP (SAP) and its T-codes, Excel, FX all.
• Should have understanding different sub-ledgers and general ledgers and chart of accounts.
• In depth knowledge of end to end FX Exposure reporting process.
• Strong written & oral communications skills in English. Knowledge of Asia languages added advantage.
• Experience of Commodity/FMCG will be an added advantage.
• Experience working in a similar Shared Services Centre setup a distinct advantage.
• Experience in managing people and processes through a sustained period of change.
• Strong knowledge SAP environment.

Bunge Global SA

Bunge goes back to 1818, when Johann Peter Gottlieb Bunge founded a trading firm in Amsterdam. Its headquarters moved over the years through South America and New York before settling in the St. Louis area in 2019, and it has been listed on the New York Stock Exchange since 2001. The company processes oilseeds and grains and supplies edible oils, flour and other food ingredients to customers around the world. In India it opened Bunge Business Services in Mohali in 2018, its first global business service centre, supporting finance, trade execution, procurement, HR, technology, SOX compliance and data management.

Bunge's finance openings in India are at its Mohali-area centre and cover a wide range. Record-to-report roles run from process executive to senior manager, and the senior ones ask for a Chartered Accountant with nine to ten years of record-to-report experience. Other roles cover financial planning and analysis, treasury, direct tax and transfer pricing, SOX compliance, credit risk, middle office, foreign exchange, procure-to-pay and SAP finance. Postings name CA, CMA, CPA, ACCA, CIA, CFA, FRM or an MBA in Finance, and the accounts payable roles ask for a commerce degree.

• Industry: Agribusiness and food: oilseed processing, grain trading and origination, edible oils, milling and related ingredients
• Headquarters: St. Louis area, Missouri, United States (Bunge, listed on the NYSE)
• In India: Bunge Business Services in Mohali, Punjab, opened in 2018 as the group's first global business service centre