Risk & Finance Analyst

Location :Barcelona

City :Sant Just Desvern (Barcelona)

State : Barcelona (ES-B)

Country :Spain (ES)

Requisition Number :41366

BUNGE has an exciting opportunity available for a Risk & Finance Analyst. In this role plays a critical part in Trade Administration and Trade Support focusing on daily Positions & P&L reporting for VC Commodities. This position involves meticulous data reconciliation in-depth analysis and close collaboration with commercial trading execution logistics and finance teams to ensure accuracy in financial reporting and a clear understanding of P&L drivers.

Since 1818 Bunge has been connecting farmers to consumers to deliver essential food feed and fuel to the world. Looking to the future our ambition is to continuously reinvent ourselves leveraging data to be at the forefront of analytics technology and talent to accomplish our purpose in a better faster and simpler way. Bunge is committed to operating and thriving in the digital world creating world class agile teams where teammates are empowered and encouraged to collaborate and test and learn to succeed.

Note: you are ideally located in Barcelona to obtain this job.

Some of the Risk & Finance Analyst responsibilities are:

Trade Administration / Trade Support (Daily Positions & P&L)

• Produce accurate and reliable daily VC Commodity Positions & P&L reports by:
  • Updating and reconciling new cash/flat activities and trades with the commercial team.
  • Reconciling freight positions (including MTM) against data from the freight department and commercial team.
  • Reconciling futures/options positions against futures statements and with the commercial team.
  • Tracking and reconciling FX exposure and applications against accounting records and with the commercial team.
  • Coordinating with trading execution and logistics teams on vessel execution reflecting impacts in the Daily P&L.
  • Monitoring pricing and confirming details with contracts execution and traders including tracking changes for accuracy across all systems.
  • Reconciling and publishing the Daily Position & P&L.
  • Sending trade slips to contract administration for Intercompany (I/Co) sales originating from Geneva.
  • Processing interoffice futures transfers for Intercompany (I/Co) sales originating from Geneva.
• Consolidate transform and analyze data from multiple sources to meet reporting requirements.
• Prepare and explain daily P&L changes including detailed analysis of the main drivers of the daily results.
• Provide information assistance and insightful analysis to the commercial team.
• Optimize Excel-based reports to reduce routine tasks minimize human error and improve production speed.
• Manage ad hoc reports projects and perform other duties as requested.

Pre-Load Execution

• Provide monitor and cross-check with traders operations and contracts teams to ensure consistency of any operational or contractual changes and their impacts.

Extra Costs / Bad Debt

• Review accrual reports extra costs and bad debt reports.
• Follow up and align with commercial owners and finance departments to understand the drivers and financial P&L impacts for reconciliation purposes.

Closing the Books

• Collect review and confirm month-end inputs required for financial closing including prices freight rates base locations volumes etc.
• Reconcile monthly results with Accounting covering MTM prices execution extra costs etc.
• Liaise across functions to identify and resolve discrepancies during the month-end closing process.

Results Analysis

• Conduct margin analysis to identify the main buckets and drivers of the margin structure.
• Understand and explain the drivers of both structural and trading components of the margin.

We are looking for different skills / experience:

• Good working knowledge of SAP.
• Fluent in English (both written and spoken); proficiency in another language is an asset.
• Highly proficient in Microsoft Excel.
• Strong problem-solving skills with the ability to deal with complex problems involving non-standardized situations.
• University degree in Accounting Finance Economics or a related field.
• Minimum of 5-7 years of experience in accounting finance or a control function preferably within the commodity trading industry.
• Strong analytical skills and business acumen; a good understanding of commodity trading and mark-to-market (MTM) principles is a significant plus.
• Ability to manage multiple tasks simultaneously.
• Meticulous attention to detail and a high degree of accuracy.

We Are Bunge

Bunge is a global agribusiness with one mission we connect farmers to consumers to deliver essential food feed and fuel to the world. We have unmatched global scale and deeply rooted relationships which allow us to bring innovative ingredients and knowledge to some of the worlds biggest brands many of which are likely in your home right now.

We know that to achieve our mission and deliver the best results to our customers each other and the world we need to worktogether so we hire talented people who arepassionateboldanddrivento work as One Bunge. This dedication is deeply embedded in our culture and reflected in the way we work.

Every day our people exemplify these values which represent Bunge at its core:

• We Are One Teamby fostering inclusion collaboration and respect.
• We lead the Wayby being agile innovative and empowered.
• Do Whats Rightby acting safely with integrity and sustainably.

If this sounds like youjoin us! We value and invest in people who believe in our purpose and are excited to live it every day people who are#ProudtoBeBunge.

Bunge is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity gender expression transgender status national origin citizenship age disability or military or veteran status or any other legally protected status.