Associate Manager-FX-COE

10 - 14 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As an Associate Manager FX CoE at Bunge Limited, your role involves supporting Treasury operations for Asia Pacific / Europe / US operations. You will be responsible for performing Cash & Debt management activities, as well as supporting officers in transaction processing & issue resolution. Key Responsibilities: - Support Business Commercial Managers in identifying foreign currency risks & advising on mitigation strategies. - Track exposures in key commodities, formulate hedging policies, and recommend timely hedges. - Reconcile commodity positions with equivalent currency hedges. - Review cash balances of various accounts and analyze impact on overall FX position. - Reconcile Trader Position with Broker statement and address any mismatches. - Review open contracts for commodities and ensure equivalent currency hedges. - Devise hedging strategies and execute FX trades with internal traders. - Provide recommendations for managing the overall FX position. - Highlight forex risks & market opportunities, updating FX P&L in a timely manner. - Allocate FX hedges to underlying exposure and settle derivatives on maturity. - Possess analytical skills and attention to detail in managing data. - Prepare MIS & Presentations for senior management. - Understand derivatives (commodities and FX) and ERP systems like SAP. - Track FX movements in different segments like inventory, purchase, invoicing, spends. - Report cash position to senior management and calculate MTM on Hedges & Derivatives. Qualifications Required: - Chartered Accountant with 10-12 years of experience. - Experience in Commodity/FMCG Companies will be an advantage. - Team management skills are desirable. Additional responsibilities: - Identify process improvement ideas using industry best practices. - Handle exceptions, perform root cause analysis, and proactively avert potential issues. Bunge Limited is a world leader in sourcing, processing, and supplying oilseed and grain products. With a global presence and a commitment to sustainability, Bunge offers opportunities for growth and development.,

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Bunge

Agribusiness

White Plains

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