Associate Manager- RTR
Bunge
- Mohali, Punjab
- Permanent
- Full-time
- Reconciling Accounting PL with Business estimate along the expected lines and identifying the reasons of differences, if any, investigate and explain or resolve material differences.
- Posting Trade accruals for reconciling timing differences with Trading partners and also to align the Accounting PL with business.
- Timely reporting of monthly accounting results along with trader's estimates to controller and Finance business partners
- Liaising with various teams (execution, trade support and FPA business partners) to ensure timely closure of month end reporting and resolving various relevant issues.
- Monthly analyzing the variances of various P&L and BS line items by comparing the same to last year comparative numbers
- Daily analysis of each execution and split the variance of MTM and execution into structural and positioning.
- Identify & resolve mismatches in IC balances with counterparties
- Weekly review of extra costs i.e. Unplanned costs and send to business partners for their confirmation
- Reviewing inventory costs and sending the same to Middle office to ensure correct mark to market on inventory.
- Preparing monthly working capital details for Finance business partners.
- Responsible for review & posting of Manual Journal Entry (JEs) in system post approval from Country Finance Team.
- Responsible for review & posting futures/FX hedging in SAP
- Reconciliation of Balance sheet accounts in One stream
- Complying with Sarbanes Oxley Standards
- 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
- Business Unit Accounting or Factory accounting will be preferred
- 4 - 6 years of work experience in a similar role
- Experience in Agribusiness/Commodity trading industry preferred
- Minimum Education Qualification -CA, ICWA will be preferred
- Good knowledge of concepts and procedures related to General Ledger, Mark to Market, Options, Futures, Intercompany and Reporting activities
- Ability to provide high quality level of customer service for General Ledger, Intercompany & Reporting activities
- Ability to work independently, efficiently and deliver high quality output under time pressure
- Independent and meticulous with figures
- Strong communication & Interpersonal skills to work effectively with internal/external teams across the Globe.
- Strong problem solving & organization skills
- Develop knowledge of the business, Accounting systems, Reconciliation policy, Finance Control standards and Quality Framework and ensure compliance with these
- Experience in managing people and processes through a sustained period of change
- Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Advance Excel, Outlook)
- Experience in ERP/ Accounting systems (SAP) and Reporting tool (One stream) will be added advantage
- Strong Team Player
- Experience working in a similar Shared Services Centre setup a distinct advantage
- Experience in SAP, workflow tools and document imaging systems