Associate Team Lead- RTR

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 & freight accruals for timing differences in PnL and inter co ( Bunker, 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, send to business partners for their confirmation
• Preparing inventory costs and sending the same after review to Middle office to ensure correct mark to market on inventory. 
• 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:

• 2-8 years 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