Bunge Iberica SA
Associate Manager- Treasury & Cash Management
Bunge Iberica SA, Indiana, Pennsylvania, us, 15705
Associate Manager- Treasury & Cash Management
Job Title:
Associate Manager - Treasury & Cash ManagementReporting:
Reports to Treasury ManagerDesignation:
TLJob PurposeBunge Limited (www.bunge.com, NYSE: BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 25,000 employees. The Executive is responsible for performing Cash & Debt management activities supporting Treasury operations, which services the Asia Pacific / Europe / US operations for Bunge Group.Key ResponsibilitiesOversee the administration of all bank operating accounts, including access to controls over electronic banking, setting up sweeps arrangement.Processing manual FX/TSF Payments & get approval done from respective authorized signatories.Fund forecasting, budgeting and cash management on daily basis.Providing data to Banks for working capital facilities with banks and putting in place relevant documentation for any new and existing bank facilities and accounts.Perform FX Confirmation reconciliation and coordinate with traders/counterparty bank in case of discrepancy.Negotiate with banks and obtain best interest for surplus deposits.Issuance and closure of bank guarantees needs to be submitted to various tax/regulatory authorities.Responsible to fx deals confirmed from signatories and coordinate with banks in case of discrepancies.Reporting of Cash position to senior management.Responsible for arrangement of funds from banks in case of short fall of funds.Responsible to submit regulatory documents/annexures mandatory by Central Banks.Monitor of Bank Limits.Coordinate between teams like R2R/P2P/O2C and resolve issues if any.Handle queries from auditors and SOX teams and ensure data is being provided on time.Preparation of debt forecast and its variance analysis (planned v/s actuals) & commentary.Prepare & submit Indebtedness report as per defined schedule.Liaising with senior management across the organization.Involving in KYC process of banks, bank-mandates, account opening & closure etc of multiple countries.Handling month end/Quarter End process where necessary.Additional responsibilities: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.Knowledge and Experience8+ years of work experience in treasury operations & cash management.Strong stakeholder management skills.Good knowledge of concepts and procedures related to Cash & debt management accounting & reporting.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.Ability to work independently, efficiently and deliver high quality output under time pressure.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.Experience in managing people and processes through a sustained period of change.Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook).Experience in ERP/ Accounting systems/SAP/Online Banking portals.Distinct AdvantageExperience working in a similar Shared Services Centre setup.Experience in processing of high volumes of transactions.Experience in SAP, workflow tools and document imaging systems.Willing to work in different shift timings including US shifts.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.
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Job Title:
Associate Manager - Treasury & Cash ManagementReporting:
Reports to Treasury ManagerDesignation:
TLJob PurposeBunge Limited (www.bunge.com, NYSE: BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 25,000 employees. The Executive is responsible for performing Cash & Debt management activities supporting Treasury operations, which services the Asia Pacific / Europe / US operations for Bunge Group.Key ResponsibilitiesOversee the administration of all bank operating accounts, including access to controls over electronic banking, setting up sweeps arrangement.Processing manual FX/TSF Payments & get approval done from respective authorized signatories.Fund forecasting, budgeting and cash management on daily basis.Providing data to Banks for working capital facilities with banks and putting in place relevant documentation for any new and existing bank facilities and accounts.Perform FX Confirmation reconciliation and coordinate with traders/counterparty bank in case of discrepancy.Negotiate with banks and obtain best interest for surplus deposits.Issuance and closure of bank guarantees needs to be submitted to various tax/regulatory authorities.Responsible to fx deals confirmed from signatories and coordinate with banks in case of discrepancies.Reporting of Cash position to senior management.Responsible for arrangement of funds from banks in case of short fall of funds.Responsible to submit regulatory documents/annexures mandatory by Central Banks.Monitor of Bank Limits.Coordinate between teams like R2R/P2P/O2C and resolve issues if any.Handle queries from auditors and SOX teams and ensure data is being provided on time.Preparation of debt forecast and its variance analysis (planned v/s actuals) & commentary.Prepare & submit Indebtedness report as per defined schedule.Liaising with senior management across the organization.Involving in KYC process of banks, bank-mandates, account opening & closure etc of multiple countries.Handling month end/Quarter End process where necessary.Additional responsibilities: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.Knowledge and Experience8+ years of work experience in treasury operations & cash management.Strong stakeholder management skills.Good knowledge of concepts and procedures related to Cash & debt management accounting & reporting.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.Ability to work independently, efficiently and deliver high quality output under time pressure.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.Experience in managing people and processes through a sustained period of change.Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook).Experience in ERP/ Accounting systems/SAP/Online Banking portals.Distinct AdvantageExperience working in a similar Shared Services Centre setup.Experience in processing of high volumes of transactions.Experience in SAP, workflow tools and document imaging systems.Willing to work in different shift timings including US shifts.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.
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