Bunge (NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Founded in 1818, Bunge’s expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe. The company is headquartered in St. Louis, Missouri and has 25,000 employees worldwide who stand behind more than 350 port terminals, oilseed processing plants, grain facilities, and food and ingredient production and packaging facilities around the world.
The Candidate is responsible for support to Middle Office (MO) function in performing daily risk position , daily PnL reporting, Future/option reconciliation, FX reporting , MTM on month end & Balance sheet Reconciliations etc.
Key Responsibilities:
- Perform daily risk positions and explaining the variance.
- Responsible for review & posting of Future/Option in SAP based on the trade happened in exchange.
- Preparing the daily reconciliation of Unrealized/realized MTM on Futures/options.
- Perform daily reconciliation with Trader PnL.
- Preparing the daily PnL based on the market price movements.
- Perform the FX reporting to hedge the currency risk.
- Reconciliation of Balance sheet accounts in cadency.
- Preparing different types of risk reports, e.g. Freight exposure etc. for senior leadership.
- Perform the MTM calculation on month end.
- Posting the MTM in SAP on Month end.
- Responsible for reconciling the Intercompany MTM with other Bunge entities on month end,
- Complying with Sarbanes Oxley Standards
- Ensure the internal finance controls, procedures in place and in compliance with company policies
- Preparing the MTM adjustments and sharing with Trade accountants to post.
- Identify & resolve mismatches in IC balances with counterparties
- 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
Additional responsibilities:
- Resolve queries within defined timelines
- Review and support Officers in Accounting & Reporting activities
- Provide reports and run queries to assist Traders 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
LIKE . COMMENT . SHARE. SUBSCRIBE.
