Loading...
Share this Job

Associate Manager - Treasury

Apply now »

Date: Oct 15, 2021

Location: PB, IN

Company: Bunge

Job Title:                              Treasury Middle-Office Assistant Manager         

Reporting:                           Reports to Treasury Team Leader

               

Job Purpose      

                The person is responsible for performing Middle-office function of Treasury, Cash & Debt management Reporting, supporting Treasury operations, which services the Asia Pacific / Europe / US operations for Bunge Group. In addition, the person is also responsible for supporting Officers in transaction processing & issue resolution. The person is also responsible to lead a team of 5-10 treasury Executives.

               

Key Responsibilities

•             Middle-office function of Bunge Treasury

•             Cash & Debt management Reporting for business

•             Manage FX Settlements of multiple currencies for various countries/geographies

•             Processing manual FX Payments & Sign-off

•             Preparation & analysis of FX unhedged exposure

•             Calculation of MTM on Hedges & Derivatives

•             Securitization

•             Preparation of debt forecast and its variance analysis (planned v/s actuals) & commentary

•             Identify & prepare funding/ repayment requirements as required.

•             Monitoring and managing the organization’s bank relationships and liquidity management

•             Prepare and submit Debt/FX/Investments etc reports and submit to Federal Authorities of that country.

•             Monitoring and Review the Inter-co loan balances and its interest, commitment fees, other charges and charge to respective entities of the company

•             Prepare & submit Indebtedness report as per defined schedule

•             Liaising with senior management across the organization

•             Monitor and reconcile bank accounts

•             Involving in KYC process of banks, bank-mandates, account opening & closure etc of multiple countries

•             Tea management

•             Supporting the month end process where necessary

 

Additional responsibilities:

•             Leading a team of 5-10 treasury executives

•             Resolve queries within defined timelines

•             Support Officers in performing Cash & debt management accounting & reporting

•             Provide reports and run queries to assist APAC/Europe/US Finance Team in period end closing process

•             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 Experience

Essential:

•             At-least 5-7 years of work experience in core treasury functions preferably in middle office

•             Good knowledge of concepts and procedures related to Middle office, Cash & debt management reporting

•             Ability to provide high quality level of customer service of  FX/ Hedges / M2M

•             Dealt in multiple currencies of FX

•             Good understanding of hedges, SPOT, Forward, M2M

•             Experience in Agribusiness/Commodity trading industry preferred 

•             Minimum Education Qualification – Graduation

•             Ability to work independently, efficiently and deliver high quality output under time pressure

•             Independent and meticulous with figures

•             Experience of KYC, account opening and closure with banks

•             Strong written & oral communications skills in English. Knowledge of Asia languages added advantage.

•             Strong problem solving & organization skills

•             Experience in managing people and processes through a sustained period of change

•             Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)

•             Experience in ERP/ Accounting systems/SAP

 

Distinct Advantage

•             Experience working in a similar Shared Services Centre setup a distinct advantage

•             Experience in processing of high volumes of transactions

•             Experience in SAP, workflow tools and document imaging systems

•             Willing to work in different shift timings including US shifts

 

 

Bunge (NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Founded in 1818, Bunge’s expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe. The company is headquartered in St. Louis, Missouri and has 25,000 employees worldwide who stand behind more than 350 port terminals, oilseed processing plants, grain facilities, and food and ingredient production and packaging facilities around the world.

 

Bunge is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, transgender status, national origin, citizenship, age, disability or military or veteran status, or any other legally protected status.  Bunge is an Equal Opportunity Employer. Minorities/Women/Veterans/Disabled


Job Segment: Assistant Manager, Agricultural, ERP, Bank, Banking, Management, Agriculture, Technology, Finance