Associate Team Lead- Risk Management & Position Reporting
Bunge
- Mohali, Punjab
- Permanent
- Full-time
- Perform daily risk positions and explaining the variance.
- 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 One Stream.
- 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.
- Provide reports and run queries to assist Traders in period end closing process.
- Identify ideas for process improvement utilizing industry leading practices.
- 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.
- 2-3 years of work experience in a similar role.
- Experience in Agribusiness/Commodity trading industry preferred.
- 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.
- 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.
- Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
- Experience in ERP/ Accounting systems (SAP) will be added advantage.
- Strong Team Player.
- Experience working in a similar Shared Services Centre setup a distinct advantage.
- Experience in SAP.
- Flexibility to work in different time zones.