Commodity Trading Finance Specialist

hace 4 días


Barcelona, Barcelona, España Bunge A tiempo completo

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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