Process Executive - Middle Office

Bunge; Mohali; On-site; INR 500,000 - 700,000; Full time

Job summary

Bunge Mohali is seeking a Process Executive - Middle Office to manage daily risk positions, explain variances, and post futures/options in SAP. You will prepare daily PnL and MTM calculations and reconcile balance sheet accounts with traders.

The role requires 1–2 years in a similar role, strong communication, and knowledge of risk reporting. You will work under Team Lead/Associate Manager and assist with SOX compliance and process documentation.

Qualifications

• 1–2 years of work experience in a similar role.
• Strong communication and interpersonal skills to work with global teams.
• Knowledge of Mark to Market, Options, Futures, Hedging, Intercompany and Risk Positions.

Responsibilities

• Derivatives related daily risk position analysis.
• MTM calculations and reconciliation for futures/options.
• Posting MTM and reconciliations in SAP.
• SOX compliance and internal controls adherence.
• Liaise with auditors and respond to queries.

Skills

Strong communication

Analytical thinking

Attention to detail

Team player

Education

CA / CMA / FRM / MBA preferred

Tools

SAP

Job description

Job Description:

City : Mohali

State : Punjab (IN-PB)

Country : India (IN)

Requisition Number : 48485

Business Title Process Executive - Middle office

Global Job Title Anl I Fin Risk Mgmt/Pos Rptg

Global Function Business Services

Global Department Finance - Risk Management & Position Reporting

Organizational Level 7

Reporting to Team Lead / Associate Manager

Role Purpose Statement

• Perform daily risk positions and explaining the variance.


• Posting of Future/Option in SAP based on the trade happened in exchange.


• Preparing the daily reconciliation of Unrealized/realized MTM on Futures/options.


• Perform daily reconciliation with Trader PnL.


• Preparing the daily PnL based on the market price movements.


• Reconciliation of Balance sheet accounts in One Stream.


• Preparing different types of risk reports for senior leadership.


• Perform the MTM calculation on month end.


• Posting the MTM in SAP on Month end.


• 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.


• Preparing and updating process documentation and to keep up to date all the time.


• Liaising with auditors (Internal and external) and responding to their queries.

Main Accountabilities

• Derivatives related activities (Future/Option/Swaps)


• Daily Risk Position Analysis


• Month end activities (MTM Pre & Post)


• Sox Compliances


• One Stream Reconciliation etc.

Behavior

Improve Bunges 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

• Experience in Agribusiness/Commodity trading industry preferred.


• Minimum Education Qualification – C.A. / CMA / FRM / MBA will be preferred.


• Good knowledge of concepts and procedures related to Mark to Market, Options, Futures, Hedging, Intercompany and Risk Positions.


• Ability to provide high quality level of customer service for MTM, Intercompany and other reporting activities.


• Ability to work independently, efficiently and deliver high quality output under time pressure.

Education & Experience

• 1-2 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.


• 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.

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 ~34,000 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.

• 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