Analyst OCVC

BUNGE has an exciting opportunity available for a Analyst OCVC. In this role plays a critical part in Trade Administration and Trade Support, focusing on daily Positions & P&L reporting for VC Commodities. This position involves meticulous data reconciliation, in-depth analysis, and close collaboration with commercial, trading, execution, logistics, and finance teams to ensure accuracy in financial reporting and a clear understanding of P&L drivers. 

“Since 1818, Bunge has been connecting farmers to consumers to deliver essential food, feed, and fuel to the world. Looking to the future, our ambition is to continuously reinvent ourselves, leveraging data to be at the forefront of analytics, technology and talent to accomplish our purpose in a better, faster and simpler way. Bunge is committed to operating and thriving in the digital world – creating world class agile teams where teammates are empowered and encouraged to collaborate and test and learn to succeed.”

Note: you are ideally located in Barcelona to obtain this job.

Some of the Analyst OCVC responsibilities are:

Trade Administration / Trade Support (Daily Positions & P&L)

• Produce accurate and reliable daily VC Commodity Positions & P&L reports by:
• Updating and reconciling new cash/flat activities and trades with the commercial team.
• Reconciling freight positions (including MTM) against data from the freight department and commercial team.
• Reconciling futures/options positions against futures statements and with the commercial team.
• Tracking and reconciling FX exposure and applications against accounting records and with the commercial team.
• Coordinating with trading, execution, and logistics teams on vessel execution, reflecting impacts in the Daily P&L.
• Monitoring pricing and confirming details with contracts, execution, and traders, including tracking changes for accuracy across all systems.
• Reconciling and publishing the Daily Position & P&L.
• Sending trade slips to contract administration for Intercompany (I/Co) sales originating from Geneva.
• Processing interoffice futures transfers for Intercompany (I/Co) sales originating from Geneva.
• Consolidate, transform, and analyze data from multiple sources to meet reporting requirements.
• Prepare and explain daily P&L changes, including detailed analysis of the main drivers of the daily results.
• Provide information, assistance, and insightful analysis to the commercial team.
• Optimize Excel-based reports to reduce routine tasks, minimize human error, and improve production speed.
• Manage ad hoc reports, projects, and perform other duties as requested.

Pre-Load Execution

• Provide, monitor, and cross-check with traders, operations, and contracts teams to ensure consistency of any operational or contractual changes and their impacts.

Extra Costs / Bad Debt

• Review accrual reports, extra costs, and bad debt reports.
• Follow up and align with commercial owners and finance departments to understand the drivers and financial P&L impacts for reconciliation purposes.

Closing the Books

• Collect, review, and confirm month-end inputs required for financial closing, including prices, freight rates, base locations, volumes, etc.
• Reconcile monthly results with Accounting, covering MTM, prices, execution, extra costs, etc.
• Liaise across functions to identify and resolve discrepancies during the month-end closing process.

Results Analysis

• Conduct margin analysis to identify the main buckets and drivers of the margin structure.
• Understand and explain the drivers of both structural and trading components of the margin.

We are looking for different skills / experience: 

• Good working knowledge of SAP.
• Fluent in English (both written and spoken); proficiency in another language is an asset.
• Highly proficient in Microsoft Excel.
• Strong problem-solving skills with the ability to deal with complex problems involving non-standardized situations.
• University degree in Accounting, Finance, Economics, or a related field.
• Minimum of 5-7 years of experience in accounting, finance, or a control function, preferably within the commodity trading industry.
• Strong analytical skills and business acumen; a good understanding of commodity trading and mark-to-market (MTM) principles is a significant plus.
• Ability to manage multiple tasks simultaneously.
• Meticulous attention to detail and a high degree of accuracy.

At Bunge, people don’t just come here to work, they come here to grow – solving challenges that directly impact the world with a diverse team of thinkers and doers.

If this description reflects your profile or ambition, we’re looking forward to seeing your application and motivation in English by hitting apply!

In case of questions, please reach out to Aitor Alonso (Talent Acquisition Specialist at aitor.alonso@bunge.com).

Acquisition by agencies is not appreciated, we do not use agencies at this moment for our recruitment. Open proposals of candidates are at own risk.

#LI-AA3

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. Learn more at Bunge.com.

Every day our people exemplify these values, which represent Bunge at its core:

•    We Are One Team – Collaborative, Respectful, Inclusive
•    We Lead The Way – Agile, Empowered, Innovative
•    We Do What’s Right – Safety, Sustainability, With Integrity

If this sounds like you, join us!  We value and invest in people who believe in our purpose and are excited to live it every day – people who are #ProudtoBeBunge