Associate Manager-FX-COE

Bunge; Sahibzada Ajit Singh Nagar; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Bunge is seeking an Associate Manager - FX CoE in Mohali, Punjab. The role supports Finance - Treasury with forex exposure reporting, hedging reviews, and month-end closes, ensuring accuracy and timeliness.

The ideal candidate is a Chartered Accountant with 4–5 years of experience, proficient in SAP and MS Office, and capable of leading a small team while coordinating with senior management. Prior SSC experience is advantageous.

Qualifications

• Chartered Accountant with 4-5 years of experience in finance.
• Experience in Commodity/FMCG is a plus.
• Proficient in SAP ERP and MS Office tools.
• Ability to work independently under pressure.
• Experience in Shared Services Centre is advantageous.

Responsibilities

• Forex exposure reporting and risk mitigation guidance.
• Review contracts for currency hedging.
• Reconcile Trader positions with Brokers and flag mismatches.
• Lead month-end processes and MIS presentations.
• Manage a team of finance professionals and mentor staff.
• Stakeholder governance and process improvement initiatives.
• Collaborate with other departments.

Skills

Stakeholder management

Team management

Data-driven decisions

Strong communication

Problem solving

English communication

Education

CA with 4-5 yrs

Tools

SAP

Excel

PowerPoint

Outlook

Job description

City : Mohali State : Punjab (IN-PB) Country : India (IN) Requisition Number: 47457

Job Description

Business Title Associate Manager - FX CoE

Global Job Title Sr Anl Finance Treasury

Global Function Business Services

Global Department Finance - Treasury

Organizational Level 8

Reporting to Manager - FX CoE

Size of team reporting in and type NA

Role Purpose Statement Role of FX COE AM 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
• Team management and 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
• Manage a team of finance professionals, providing guidance, coaching, and mentoring to support their professional development.
• 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 4-5 year experience

• Experience of Commodity/FMCG will be an added advantage
• Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
• Experience working in a similar Shared Services Centre setup a distinct advantage
• Ability to work independently, efficiently and deliver high quality output under time pressure
• Experience in managing people and processes through a sustained period of change

Prior to applying for a new position, employees should discuss the intent with their supervisor to facilitate development discussions and keep the process transparent throughout. Please refer to the Talent Acquisition Policy or contact your Regional Talent Acquisition team for specific questions.