Bunge India
Bunge India | Associate Manager-Treasury
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Job Highlights
Responsibilities
- 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
- Manage FX Settlements of multiple currencies for various countries/geographies.
- Preparation & analysis of FX unhedged exposure.
- Calculation of MTM on Hedges & Derivatives.
- Preparation of debt forecast and its variance analysis (planned v/s actuals) & commentary.
- Identify & prepare funding/ repayment requirements as required.
- Monitoring and managing the organization’s bank relationships and liquidity management.
- Prepare and submit Debt/FX/Investments etc. reports and submit to Federal 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.
- 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.
- Build partnerships, appropriately influence to gain commitment, foster talent and coach others to grow in current or future roles.
Requirements
- Good knowledge of concepts and procedures related to Cash & debt management accounting & reporting.
- Experience of KYC, account opening and closure with banks.
- Strong written & oral communications skills in English. Knowledge of Asia languages added advantage.
- Experience in ERP/ Accounting systems/SAP/Online Banking Portals.
- Ability to provide high quality level of customer service of FX/ Hedges / M2M.
- Dealt in multiple currencies of FX, FX exposure reporting.
- Good understanding of hedges, SPOT, Forward, M2M.
- Experience in managing people and processes through a sustained period of change.
About the company
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.
