Middle Office Analyst
hace 1 mes
Job Summary:
Bunge Iberica Sa is seeking a skilled Middle Office Analyst to provide daily support to the Commercial team on the operational side, including financial and position backup, translation of trading activities into a daily position and P&L report.
Key Responsibilities:
- Provide daily support to the Commercial team on the operational side, including financial and position backup.
- Translate trading activities into a daily position and P&L report.
- Serve as a central point of contact for trading operation tasks, supporting trade flow verifications and accuracy of each transaction.
- Ensure consistency and completeness of the data flow across all other involved departments and systems.
- Drive for automation and efficiency improvements to the current reporting processes and tools.
Some Key Tasks:
- Trade Administration / Trade Support (Daily Positions & P&L)
- Producing accurate and reliable daily VC Commodity Positions & P&L report.
- Cash/flat activities/trades – new trades updated/reconciled with commercial team.
- Freight position (+MTM) – reconciled against freight department/commercial team.
- Futures/options position – reconciled against futures statements/ commercial team.
- FX exposure & applications tracking – reconciled against accounting / commercial team.
Requirements:
- Consolidate, transform and analyze data from multiple sources to meet reporting requirements.
- Prepare and explain daily P&L changes, including analysis on the main drivers of the daily result.
- 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.
Additional Responsibilities:
- Pre-Load Execution
- Provide, monitor and check with traders/operations/contracts consistency of any operations/ contractual changes (cross checking impact).
- Review accruals reports, extra costs and Bad Debts reports.
- Follow up and align with commercial owners and finance departments to understand the drivers/impacts of the financial P&L / reconciliation.
Closing the Books:
- Collect, review and confirm month end inputs required for the 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
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