Process Executive- Trade Contract

Bunge; Sahibzada Ajit Singh Nagar; On-site; INR 450,000 - 600,000; Full time

Job summary

Bunge is seeking a Contract Administrator based in Mohali, Punjab, India. The role involves accurate entry of contracts and management of counterparty records for the Asia Pacific region. Candidates should have 1-2 years of experience in commodity contracts, with strong skills in communication and data analysis.

The ideal candidate will collaborate with stakeholders and work towards continuous process improvement, contributing to the efficiency of the Contract admin team.

Qualifications

• 1-2 years of relevant experience in a similar role or with an International Commodity company.
• Strong written & oral communication skills in English; knowledge of other languages is a plus.
• Good understanding of contract lifecycle and related terms.

Responsibilities

• Input and issue purchase and sale contracts and amendments.
• Prepare daily, weekly, and monthly reports.
• Resolve operational queries and propose process improvements.

Skills

Handling commodity contracts

Data-driven decision-making

Effective communication

SAP system knowledge

Microsoft Office proficiency

Education

Graduation

Post-graduation (advantage)

Tools

SAP

Microsoft Office

Job description

City : Mohali State : Punjab (IN-PB) Country : India (IN) Requisition Number: 46270

Role Purpose Statement

This position is responsible for timely and accurate entry of contracts into the system, including amendments, physical issuance of the contracts and counterparty set in the system, serving Asia Pacific region contract admin activities for Bunge. This is an Individual contributor role with the ultimate goal of building an efficient and self-reliant Contract admin team.

Main Accountabilities

• In-put of purchase and sale contracts and relevant amendments.
• Creation of master data for new contractual counterparties.
• Allocation of futures pricing, rolling of futures pricing and overfill / underfill pricing.
• Issuance of contracts using Bunge standard terms.
• Review of third party contracts issued.
• Produce and retain documentation in accordance with Company’s policies and procedure requirements.
• Effective communication with all Internal and external stakeholders on day-to-day operational related matters.

Additional responsibilities

• Preparing daily, weekly and monthly reports.
• Handle month end record reconciliation.
• Timely & proper resolution of queries with a solution driven approach.
• Identify and propose ways of process improvement as per Industry leading practices.
• Work on CI related projects.
• Provide all information, documents and reports for audit. Post the audit; take steps as per corrective and preventive action plan set by the Team Leader.
• Provide guidance and support co-workers, knowledge sharing and best practices.

Knowledge And Skills

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

• Relevant experience in handling entry and issuance of commodity contracts for bulk and container shipments of Agri-commodities, with good knowledge of GAFTA, FOSFA contracts’ rules.
• Good knowledge of concepts and procedures related to contract life cycle of commodity contracts and related terms & guidelines, including expertise in Incoterms, logistics and shipping documents.
• Strong written & oral communications skills in English. Knowledge of any other foreign languages will be an added advantage.
• Computer proficient and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook).
• Experience in working with SAP system (Added Advantage).

Education & Experience

• 1-2 years of work experience in a similar role or with International Commodity company.
• Minimum Education Qualification – Graduation. Post-graduation would be an advantage.
• Relevant experience in handling commodity contracts and knowledge of GAFTA, FOSFA contracts desirable.