Team Lead Middle Office

Mohali - India

Monthly Salary: Not Disclosed

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

City : Mohali

State : Punjab (IN-PB)

Country : India (IN)

Requisition Number : 43353

Job Description
Business Title	Team Lead - Middle Office
Global Department	Middle office
Organizational Level	13
Role Purpose Statement	Review & perform daily risk positions and explain the variance & work to fix regular issues if any. Responsible for review of Future/Option posting in SAP if there is any issue that needs to be fixed. Review & monitoring SOX control adherence by the team Review the daily reconciliation of Unrealized/realized MTM on Futures/options. Review daily reconciliation with Trader PnL. Review the daily PnL based on the market price movements. Review of Reconciliation of Balance sheet accounts in One Stream. Perform/Review the MTM calculation on month end & provide support to other team members. Posting the MTM in SAP on Month end and handling queries from Stakeholders if any. Responsible for reconciling the Intercompany MTM with other Bunge entities on month end Presentation of monthly MTM issues to FP/ Controller on monthly basis. Ensure Team is Complying with Sarbanes Oxley Standards Ensure teams are complying with internal finance controls procedures in place and in compliance with company policies Review & Preparation of SOP and updating as per current process from time-to-time along with team 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. Monitoring of testing to be done on agreed timeline Handling Sox queries and auditors (Internal and external) observation and responding to them.
Main Accountabilities	Daily Activities : Risk Position derivatives & Pnl to be on time. Month end activities (MTM Pre & Post) and analyse the reason for IC difference. Compliances : Audit / SOX & One Stream Reconciliation etc. Lead in Automation project / testing / any other development etc. Proper backups etc. Adoptability with new changes time to time as suggested by the Management. Provide support to Middle Office team in daily / weekly and monthly activities
Education & Experience	3-5 years of work experience in a similar role.
Experience in Agribusiness/Commodity trading industry preferred.
Minimum Education Qualification C.A. / CMA / FRM / CFA / 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 and support to team for providing required results on time.

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 37000 dedicated employees partner with farmers across the globe to move agricultural commodities from where theyre grown to where theyre neededin 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 .

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

We Are One Team Collaborative Respectful Inclusive
We Lead The Way Agile Empowered Innovative
We Do Whats 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

City : Mohali State : Punjab (IN-PB) Country : India (IN) Requisition Number : 43353 Job DescriptionBusiness TitleTeam Lead - Middle OfficeGlobal DepartmentMiddle officeOrganizational Level13Role Purpose Statement Review & perform daily risk positions and explain the variance & work to fix regular ...