Associate Team Lead - FX CoE

City : Mohali State : Punjab (IN-PB) Country : India (IN) Requisition Number : 43697

 

 

Job Description (PE) Business Title Associate Team Lead- FX COE Global Job Title Anl II Finance Treasury Global Function Business Services Global Department Finance - Treasury Organizational Level 9 Reporting to Manager - FX CoE Size of team reporting in and type NA     Role Purpose Statement Role of FX COE ATL will be to steamline FX reporting process and to make sure all critical assigned task and done by fulfilling 2 major KPI i.e. Timeline and Quality
In addition,  also responsible for supporting Officers in transaction processing & issue resolution       Main Accountabilities • Forex exposure reporting and identification of foreign currency risks & advise on mitigation of such risk
• Should have understanding of commodity business of various commodities with equivalent currency hedge
• Reconciliation of Trader Position with Broker statement and raise an alarm in case of mismatch to respective parties
• Review open contracts for various commodities and ensure equivalent currency hedge
• Allocation of FX hedges to underlying exposure
• MIS & Presentations to senior management
• Should possess good understanding of ERP (SAP) and its T-codes, Excel, FX all
• Should have understanding different sub-ledgers and general ledgers and chart of accounts
• Liaising with senior management across the organization
• Stakeholder management
• Supporting the month end process where necessary

Additional responsibilities:
• Stakeholder management and process governance, conducting and holding stakeholders review meetings
• Resolve queries within defined timelines.
• Collaborate with other departments
• Identify ideas for process improvement utilizing industry leading practices
• Handle exceptions generated, perform root cause analysis to resolve current issues and act proactively to avert potential issues in future
• 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             Knowledge and Skills    Behavior Improve Bunge's outcomes by making data-driven decisions, keeping the customer at the forefront of all they do, and proactively gaining insight into the global strategy.
Collaborate, effectively communicate with others and take initiative to continually develop themselves.
Pursue opportunities to solve problems and take action while maintaining the ability to manage work, even in times of challenge or change.     Technical • Ability to partner with other BBS Team Managers to optimize processes across the SSC
• In depth knowledge of end to end FX Exposure reporting process
• Strong knowledge SAP environment.
• Strong written & oral communications skills in English. Knowledge of Asia languages added advantage.
• Strong problem solving & organization skills
• Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)

          Education & Experience 1. Desired Education qualification – Chartered Accountant with minimum 2-3 year experience
2. Experience of Commodity/FMCG will be an added advantage
3. Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
4. Experience working in a similar Shared Services Centre setup a distinct advantage
5 Ability to work independently, efficiently and deliver high quality output under time pressure          

 

At Bunge (NYSE: BG), our purpose is to connect farmers to consumers to deliver essential food, feed and fuel to the world. As a premier agribusiness solutions provider, our team of ~37,000 dedicated employees partner with farmers across the globe to move agricultural commodities from where they’re grown to where they’re needed—in faster, smarter, and more efficient ways. We are a world leader in grain origination, storage, distribution, oilseed processing and refining, offering a broad portfolio of plant-based oils, fats, and proteins. We work alongside our customers at both ends of the value chain to deliver quality products and develop tailored, innovative solutions that address evolving consumer needs. With 200+ years of experience and presence in over 50 countries, we are committed to strengthening global food security, advancing sustainability, and helping communities prosper where we operate. Bunge has its registered office in Geneva, Switzerland and its corporate headquarters in St. Louis, Missouri. Le