Associate Manager-Treasury

Bunge; Mohali; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Bunge in Mohali, Punjab, India, seeks an Associate Manager - Treasury Operations to lead cash and debt management activities supporting Asia Pacific, Europe and US operations. The role covers FX settlements, MTM calculations, debt forecasting and funding planning, with oversight of banking relationships and liquidity management.

You will mentor finance staff within Bunge Business Services and report to the Manager - Treasury.

Qualifications

• 7-9 years of work experience in treasury operations & cash management.
• Ability to provide high quality customer service of FX/ Hedges / M2M.
• Dealt in multiple currencies of FX, FX exposure reporting.
• Good understanding of hedges, SPOT, Forward, M2M.
• Experience in Agribusiness/Commodity trading industry preferred.

Responsibilities

• Cash & Debt management, cash planning and forecasting.
• 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.
• Prepare debt forecast and variance analysis (planned vs actuals) & commentary.
• Identify & prepare funding/ repayment requirements as required.
• Monitor and manage bank relationships and liquidity management.
• Prepare & submit Debt/FX/Investments reports and submit to Federal Authorities.
• Monitor and review Inter-co loan balances and charges.
• Prepare Indebtedness reports as per schedule.
• Liaising with senior management across the organization.
• Monitor and reconcile bank accounts.
• Experience in KYC process of banks, bank-mandates, account opening & closure.

Skills

Cash management

Debt management

FX settlements

Forecasting

KYC banks

Intercompany loans

Education

Graduation

Tools

SAP

ERP systems

MS Office

Job description

Job Description:

City : Mohali

State : Punjab (IN-PB)

Country : India (IN)

Requisition Number: 48088

Business Title: Associate Manager - Treasury Operations

Global Job Title: Sr Anl Finance Treasury

Global Function: Business Services

Global Department: Bunge Business Services

Reporting to: Manager - Treasury

Role Purpose Statement

Founded in 1818, the company is headquartered in White Plains, New York. Bunge has implemented a Shared Services Center in Chandigarh, India to support Asia Pacific operations in areas of Finance & Accounting, Trade Operations and Treasury.

The Executive is responsible for performing Cash & Debt management activities supporting Treasury operations, which services the Asia Pacific / Europe / US operations for Bunge Group. In addition, the Executive is also responsible for supporting Officers in transaction processing & issue resolution.

Main Accountabilities

Key Responsibilities

• Cash & Debt management, cash planning and forecasting
• 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, e-banking portal admin activities
• 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, including accounting, legal, and risk management, to ensure that financial policies and procedures are consistent with the company’s overall goals and objectives.
• 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 Skills

Behavior

Use knowledge of Bunge's business, structure and strategy to develop innovative solutions to improve results or eliminate problems.

Build partnerships, appropriately influence to gain commitment, foster talent and coach others to grow in current or future roles.

Drive results through high standards, focus on key priorities, organization, and preparing others for change.

Technical

• Good knowledge of concepts and procedures related to Cash & debt management accounting & reporting
• 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
• Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
• Experience in ERP/ Accounting systems/SAP/Online Banking Portals

Education & Experience

• 7-9 years of work experience in treasury operations & cash management
• Ability to provide high quality level of customer service of FX/ Hedges / M2M
• Dealt in multiple currencies of FX, FX exposure reporting
• 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
• Experience in managing people and processes through a sustained period of change