Bunge India | Associate Team Lead- Treasury

Main accountabilities

• Manage and coordinate bank account opening, maintenance, KYC refresh, and regulatory documentation with global banking partners.
• Maintain and govern the organization's global bank account inventory/database, ensuring all account information, signatories, ownership details, account purpose, and banking documentation remain accurate and up to date.
• Support the setup, testing, and maintenance of cash concentration and sweeping structures, including Intra and Inter bank sweeps, Zero balance accounts (ZBA), target balancing, and notional pooling structure.
• Perform regular e-banking user access audits across all banking portals to verify user appropriateness, access levels, approval authorities, token assignments, and segregation of duties.
• Liaise with banks to establish and maintain MT940 and MT942 reporting services, ensuring timely and accurate account statement delivery.
• Work closely with Treasury, Finance, and IT teams to integrate bank reporting and payment connectivity with ERP systems.
• Support bank connectivity projects involving SWIFT, host-to-host (H2H), API banking, and treasury management solutions.
• Perform validation, reconciliation, and troubleshooting of bank statement files and cash reporting data.
• Ensure compliance with internal controls, KYC requirements, banking regulations, and audit standards.
• Administer and maintain user access across multiple banking portals, including user creation, modification, entitlement reviews, approval matrix management, token administration, and periodic access recertification

Education & experience

• In depth knowledge of end to end FX Exposure reporting process.
• Experience of Commodity/FMCG will be an added advantage.
• Experience working in a similar Shared Services Centre setup a distinct advantage.
• 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