Associate Team Lead - RTR

Location : Mohali 

City : Mohali 

State : Punjab (IN-PB) 

Country : India (IN) 

Requisition Number : 36044 

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 Mohali, 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

• 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