Process Executive Rtr

Year    Mohali, Punjab, India

Job Description


Location : MohaliCity : MohaliState : Punjab (IN-PB)Country : India (IN)Requisition Number : 36968Job Title: Process Executive - RTRShift: UK ShiftShift allowance: NAReporting: Reports directly to Team Lead/AM/ManagerLocation: Mohali, Chandigarh, IndiaJob PurposeBunge Limited (www.bunge.com, NYSE: BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 35,000 employees. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredients used by food companies; and sells fertilizer in South America. Founded in 1818, the company is headquartered in White Plains, New York. Bunge has implemented a Shared Services Center in Chandigarh, India to support Global Operations in areas of Finance & Accounting, Trade Operations, Treasury and IT Support and other back-office support Services.The Candidate is responsible for support Record to Report (RTR_Trade Accounting) function in managing/performing Reconciliation of Accounting PL with Business estimates, General Ledger, Intercompany, and Balance sheet Reconciliations etc. EOM activities.Key Responsibilities

  • Posting Trade & freight accruals for timing differences in PnL and inter co (JPM, Brokerage, Prepaid amortization)
  • Preparation of reports of monthly accounting results along with trader\'s estimates to controller and Finance business partners
  • Perform Monthly variance analysis various P&L and BS line items by comparing the same to last year comparative numbers
  • Preparation report of daily executions to reconcile with estimate
  • Identify & resolve mismatches in IC balances with counterparties
  • Weekly preparation of extra costs i.e. Unplanned costs and after review by reviewer, send to business partners for their confirmation
  • Preparing monthly working capital details for Finance business partners.
  • Responsible for preparation and & posting of Manual Journal Entry (JEs) in system post approval from Country Finance Team.
  • Responsible 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
  • Responding to auditors\' (Internal and external) queries
  • Business Unit Accounting or Factory accounting will be preferred
Knowledge and ExperienceEssential:
  • 1 year minimum 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
  • 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
  • Good 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
Distinct Advantage
  • Experience working in a similar Shared Services Centre setup a distinct advantage
  • Experience in SAP, workflow tools and document imaging systems

Bunge

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Job Detail

  • Job Id
    JD3463289
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mohali, Punjab, India
  • Education
    Not mentioned
  • Experience
    Year