Bunge India
Bunge India | Team Lead-Middle Office
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Job Highlights
Responsibilities
- As a premier agribusiness solutions provider, our team of ~34,000 dedicated employees partner with farmers across the globe to move agricultural commodities from where they’re grown to where they’re needed—in faster, smarter, and more efficient ways.
- Review & perform daily risk positions and explain the variance & work to fix regular issues if any.
- Responsible for review of Future/Option posting in SAP if there is any issue that needs to be fixed.
- Review & monitoring SOX control adherence by the team.
- Review the daily reconciliation of Unrealized/realized MTM on Futures/options.
- Review daily reconciliation with Trader PnL.
- Review the daily PnL based on the market price movements.
- Review of Reconciliation of Balance sheet accounts in One Stream.
- Perform/Review the MTM calculation on month end & provide support to other team members.
- Posting the MTM in SAP on Month end and handling queries from Stakeholders if any.
- Responsible for reconciling the Intercompany MTM with other Bunge entities on month end.
- Presentation of monthly MTM issues to FP/ Controller on monthly basis.
- Ensure Team is Complying with Sarbanes Oxley Standards.
- Ensure teams are complying with internal finance controls, procedures in place and in compliance with company policies.
- Review & Preparation of SOP and updating as per current process from time-to-time along with team.
- Preparing and updating process documentation and to keep up to date all the time.
- Liaising with auditors (Internal and external) and responding to their queries.
- Monitoring of testing to be done on agreed timeline.
- Handling Sox queries and auditors (Internal and external) observation and responding to them.
- Compliances : Audit / SOX & One Stream Reconciliation etc.
- Lead in Automation project / testing / any other development etc.
- Provide support to Middle Office team in daily / weekly and monthly activities.
- Build partnerships, appropriately influence to gain commitment, foster talent and coach others to grow in current or future roles.
- Drive results through high standards, focus on key priorities, organization, and preparing others for change.
- Use knowledge of Bunge’s business, structure and strategy to develop innovative solutions to improve results or eliminate problems.
Requirements
- Minimum Education Qualification – C.A. / CMA / FRM / MBA will be preferred.
- Good knowledge of concepts and procedures related to Mark to Market, Options, Futures, Hedging, Intercompany and Risk Positions.
- Ability to provide high quality level of customer service for MTM, Intercompany and other reporting activities.
- Minimum Education Qualification – C.A. / CMA / FRM / CFA / MBA will be preferred.
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.
