Commodity Trading Finance Specialist
hace 4 días
Job Overview
Bunge is a leading global agribusiness and food company seeking a skilled Commodity Trading Finance Specialist to support our commercial team in Sant Just Desvern, Spain. This role is an exciting opportunity to work with a dynamic team and contribute to the success of our business.
Estimated Salary Range:
The estimated salary for this position ranges from €40,000 to €60,000 per annum, depending on experience and qualifications.
Job Description
As a Commodity Trading Finance Specialist, you will be responsible for providing daily financial support to our commercial team. This includes:
- Daily Positions & P&L Report: Producing accurate and reliable daily VC commodity positions and profit/loss reports.
- Cash/Flat Activities/Trades: Reconciling new trades with the commercial team and ensuring accuracy across all systems.
- Freight Position (MTM): Reconciling against freight department/commercial team.
- Futures/Options Position: Reconciling against futures statements/commercial team.
- FX Exposure & Applications Tracking: Reconciling against accounting/commercial team.
- Pricing Monitoring/Confirmation: Tracking changes for accuracy across all systems.
- Reconcile and Publish Daily Position & P&L: Ensuring timely and accurate reporting.
- Trade Slip to Contract Admin: Sending trade slips to contract administrators in case of I/Co sales out of Geneva.
- Interoffice Futures Transfers: Handling interoffice futures transfers in case of I/Co sales out of Geneva.
Key Responsibilities:
- Consolidate, transform, and analyze data from multiple sources to meet reporting requirements.
- Prepare and explain daily P&L changes, including analysis on main drivers.
- Provide information, assistance, and analysis to the commercial team.
- Optimize Excel-based reports to reduce rote tasks, minimize human error, and improve production speed.
- Ad hoc reports & projects and other duties as requested.
Pre-Load Execution:
- Monitor and check with traders/operations/contracts consistency of any operations/contractual changes (cross-checking impact).
Extra Costs/Bad Debt:
- Review accruals reports, extra costs, and Bad Debts reports.
- Follow up and align with commercial owners and finance departments to understand drivers/impacts of financial P&L/reconciliation.
Closing the Books:
- Collect, review, and confirm month-end inputs required for closing: prices, freight rates, base locations, volumes, etc.
- Reconciliation of monthly results with Accounting (MTM, prices, execution, extra costs, etc).
- Liaise across functions to identify and resolve gaps during month-end closing process.
Results Analysis:
- Margins analysis – identify main buckets of the margin structure/drivers:
- Understand and explain drivers of structural component of the margin.
- Understand and explain trading component of the margin.
Requirements:
- University degree in accounting, finance, economics or related field.
- Minimum 3 years of experience in accounting, finance or control preferably in commodity trading industry.
- Good knowledge of SAP.
- Fluent English – other languages are an asset.
- High proficiency in Excel.
- Ability to deal with complex problems involving non-standardized situations.
- Strong analytical skills and business acumen - good understanding of commodity trading and mark to market is a plus.
- Ability to work in a team/independently and to prioritize and handle multiple tasks.
- Meticulous attention to detail.
- Strong interpersonal skills.
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