Location : Mohali 

City : Mohali 

State : Punjab (IN-PB) 

Country : India (IN) 

Requisition Number : 36968 

 

Job Title:                     Process Executive - RTR

Shift:                                  UK Shift

Shift allowance:              NA

Reporting:                   Reports directly to Team Lead/AM/Manager

Location:                          Mohali, Chandigarh, India

 

Job Purpose

 

Bunge 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 Experience

Essential:

• 1 year minimum of work experience in a similar role