Business Analyst for Trade Operations
hace 1 mes
Job Overview
Bunge, a leading agribusiness and food company, seeks a highly skilled Business Analyst to join its Trade Operations team. This is an exciting opportunity to leverage your analytical skills and business acumen to drive efficiency improvements and process enhancements in our trading operations.
About the Role
The successful candidate will provide daily support to the Commercial team, ensuring accurate and timely financial and position backup, translation of trading activities into daily positions and P&L reports. You will serve as a central point of contact for trade operation tasks, supporting trade flow verifications and accuracy of each transaction, as well as ensuring consistency and completeness of data flow across all involved departments and systems.
Key Responsibilities
- Trade Administration / Trade Support: Producing accurate and reliable daily VC Commodity Positions & P&L report, reconciling cash/flat activities/trades with the commercial team, freight position (+MTM) against freight department/commercial team, futures/options position against futures statements/commercial team, FX exposure & applications tracking against accounting/commercial team.
- Cash/Flat Activities/Trades: New trades updated/reconciled with the commercial team, coordinating with trading/execution/logistic teams on vessel execution and reflecting impacts in Daily P&L, pricing monitoring/confirmation to contracts/execution/traders, tracking changes for accuracy across all systems, reconciling and publishing the Daily Position & P&L, sending trade slip to contract admin in case of I/Co sales out of Geneva, interoffice futures transfers in case of I/Co sales out of Geneva.
- Pre-Load Execution: Providing, monitoring, and checking with traders/operations/contracts consistency of any operations/contractual changes (cross-checking impact).
- Extra Costs/Bad Debt: Reviewing accruals reports, extra costs, and Bad Debts reports, following up and aligning with commercial owners and finance departments to understand drivers/impacts of the financial P&L/reconciliation.
- Closing the Books: Collecting, reviewing, and confirming 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.), liaising across functions to identify and resolve gaps during month-end closing process.
- Results Analysis: Margin analysis – identifying main buckets of the margin structure/drivers, understanding and explaining drivers of structural component of the margin, understanding and explaining trading component of the margin.
Requirements
To succeed in this role, you will need:
- A university degree in accounting, finance, economics or related field.
- A minimum of 3 years of experience in accounting, finance, or control preferably in the 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.
Salary Range
The estimated salary range for this position is approximately €60,000 - €80,000 per annum, depending on experience and qualifications.
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