Cargill India | Specialist Accounting - Derivatives Market

Responsibilities

• With limited supervision, this job collaborates with multiple businesses and banks to complete moderately complex operational processes and procedures, compliance and data management for financial products and services and data systems.
• This job also partners to lead improvements in process execution, implements process changes and continuous improvement and assist with audit activities.
• BUSINESS PARTNERSHIP: Maintains positive relationship with customers, clients and other business partners, responding directly to business contacts or customers to deliver accurate processes.
• RECORD TO REPORT ACTIVITIES: Performs moderately complex activities, including processing journal entries and intercompany transactions, completing monthly and quarterly general ledger close activities, performing fixed asset accounting, balance sheet reconciliations and reporting activities, tax accounting, cost and profit center allocation, bank accounting and bank reconciliations.
• PROCESS EXECUTION IMPROVEMENT: Applies general knowledge of operational practices, procedures and internal controls to identify improvement opportunities in execution to drive operational excellence and data integrity to enable analysis and insight.

Requirements

• Minimum of five years of related work experience.
• Should have knowledge of Derivatives market.
• Should have knowledge of Futures, Options, Hedging.
• Should have knowledge of Forex reconciliation, physical & Speculative Commodity Trading P&L.
• Knowledge of accounting modules in enterprise resource planning systems.
• Working experience in multinational environment.

Cargill, Incorporated

William Wallace Cargill started the business in 1865 in Conover, Iowa, and it is now headquartered in Minnetonka, Minnesota. It remains privately held, with the Cargill family as the main owners. The company buys, trades and distributes grain and other agricultural commodities, makes food ingredients such as starch, glucose syrup and vegetable oils, produces animal feed and raises livestock, and offers financial services that help manage risk in commodity markets. In India it has plants in several states, including a corn-milling site at Davangere. Its global business services centre at Bengaluru began in 2015 and handles finance, HR, procurement, logistics and technology work for the group.

Its finance openings in India are in Bengaluru. They cover general and specialist accounting, accounting for agriculture and trading and for the derivatives market, product costing, cash application, travel and expense management, and finance analysis for the Asia-Pacific region. Experience asked for runs from two years for cash application to seven years of record-to-report work for a senior accounting role. Several postings name a qualification: CA or CA Inter, CMA or an equivalent, a fully qualified CMA for the two product-costing process specialist roles, and CA or CPA for the senior accounting role. One management role asks for a bachelor's degree in accounting, finance or commerce.

• Industry: Agriculture, food and commodities: grain and oilseed trading, food ingredients, animal nutrition, edible oils and financial risk-management services
• Headquarters: Minnetonka, Minnesota, United States (privately held)
• In India: Cargill India, with manufacturing sites in several states and a global business services centre in Bengaluru started in 2015