Job Description
City : Mohali State : Punjab (IN-PB) Country : India (IN) Requisition Number : 43348 Job DescriptionBusiness TitleGlobal DepartmentRole Purpose Statement Main Accountabilities Education & Experience Associate Team Lead - Middle Office Middle office • Perform daily risk positions and explaining the variance.
• Weekly status update to reporting manager related to Future posting & confirmations.
• Posting of Future/Option in SAP based on the trade happened in exchange.
• Preparing the daily reconciliation of Unrealized/realized MTM on Futures/options.
• Preparing the daily PnL based on the market price movements.
• Reconciliation of Balance sheet accounts in One Stream.
• Review & preparing different types of risk reports, Freight exposure etc. for senior leadership.
• Perform the MTM calculation on month end.
• Updation of tracker related to daily, weekly and monthly activities.
• Posting the MTM in SAP on weekly / Month end.
• Presentation of monthly MTM issues to FP/ Controller on monthly basis.
• Responsible for reconciling the Intercompany MTM with other Bunge entities on month end.
• Complying with Sarbanes Oxley Standards.
• Ensure the internal finance controls, procedures in place and in compliance with company policies.
• Preparing the MTM adjustments and sharing with Trade accountants to post.
• Identify & resolve mismatches in IC balances with counterparties.
• SOP Preparing and updating as per current process time to time.
• Liaising with auditors (Internal and external) and responding to their queries.
• Testing for upcoming projects if any Derivatives related activities (Future/Option/Swaps)
Daily Risk Position Analysis
Month end activities (MTM Pre & Post)
Sox Compliances
One Stream Reconciliation etc. • 2-3 years of work experience in a similar role.
• Independent and meticulous with figures
• 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.
• 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) will be added advantage.
• Strong Team Player.
• Knowledge of Europe languages will be added advantage.
• Weekly status update to reporting manager related to Future posting & confirmations.
• Posting of Future/Option in SAP based on the trade happened in exchange.
• Preparing the daily reconciliation of Unrealized/realized MTM on Futures/options.
• Preparing the daily PnL based on the market price movements.
• Reconciliation of Balance sheet accounts in One Stream.
• Review & preparing different types of risk reports, Freight exposure etc. for senior leadership.
• Perform the MTM calculation on month end.
• Updation of tracker related to daily, weekly and monthly activities.
• Posting the MTM in SAP on weekly / Month end.
• Presentation of monthly MTM issues to FP/ Controller on monthly basis.
• Responsible for reconciling the Intercompany MTM with other Bunge entities on month end.
• Complying with Sarbanes Oxley Standards.
• Ensure the internal finance controls, procedures in place and in compliance with company policies.
• Preparing the MTM adjustments and sharing with Trade accountants to post.
• Identify & resolve mismatches in IC balances with counterparties.
• SOP Preparing and updating as per current process time to time.
• Liaising with auditors (Internal and external) and responding to their queries.
• Testing for upcoming projects if any Derivatives related activities (Future/Option/Swaps)
Daily Risk Position Analysis
Month end activities (MTM Pre & Post)
Sox Compliances
One Stream Reconciliation etc. • 2-3 years of work experience in a similar role.
• Independent and meticulous with figures
• 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.
• 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) will be added advantage.
• Strong Team Player.
• Knowledge of Europe languages will be added advantage.
Collaborative, Respectful, Inclusive
Agile, Empowered, Innovative
Safety, Sustainability, With Integrity
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