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Process Executive- RTR
Bunge
·
1-3 years
₹ 3.95 - 7L/yr (AmbitionBox estimate)
This is an estimate of the average salary range for this
position. It has not been reviewed by the company, and
the actual salary may differ.
Jalandhar, Ludhiana, Patiala + 1 more
1 vacancy
Process Executive- RTR
Bunge India
posted 16hr ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
To perform RTR domain activities during the non-month and month end which includes general ledger activities including Manual journals prepration and posting like accruals / provisions / rectifications / adjustments etc, Fixed assets accounting & reporting, Banking transaction, Loan Management, BS reconcilations, Derivatives MTM , Month end close and reporting related tasks
Main Accountabilities Perform month end close activities within a defined timeline
Perform monthly revenue de-recognition process and record the appropriate transactions
Manage lease accounting and month end subledger (Nakisa) reconciliation with General ledger
Responsible for posting of Manual Journal Entries (JEs) in system post approval from local country team
Analyze and post monthly expense accruals/amortization JEs
Run currency revaluation and update exchange rates, as and when required
Responsible for various Cost & PCA allocations including under/over recovery analysis
Maintain end to end Fixed Asset (FA) register including CIP tracking and foot notes reporting at month end
Process Fixed Assets additions, transfers & disposal requests and monitoring the accounting accuracy
Reconciliations of Bank / Balance sheet Accounts as per the timelines governed by policy
Complying with Sarbanes Oxley Standards & implement the process improvements whenever required
Prepare journal entries related to readily marketable inventory (Mark to Market) including quarterly RMI Footnote
Prepare and reconcile monthly/quarterly financial foot notes/schedules required as per SEC
Prepare and submit the quarterly fair value and SFAS forms including BS, PL and volume reporting
Ensure the internal finance controls, procedures in place and in compliance with company policies
Preparing and updating process documentation and to keep up to date all the time
Liaising with auditors (Internal and external) and responding to their queries
Responsible for preparing & submitting the local statistical Reporting (National bank Reporting, Proper taxes return, Inventory reports) for local compliances
Responsible for managing RTR KPI Targets as per the defined SLAs
Identify & implement process improvements to generate process efficiency
Managing the governance calls and taking timely actions for open items
Knowledge and Skills Behavior Improve Bunges outcomes by making data-driven decisions, keeping the customer at the forefront of all they do, and proactively gaining insight into the global strategy
Collaborate, effectively communicate with others and take initiative to continually develop themselves
Pursue opportunities to solve problems and take action while maintaining the ability to manage work, even in times of challenge or change
Technical Prior experience in managing high transaction volumes, with good knowledge of associated controls and procedures
Experience in SAP & Onestream ERP, workflow tools and document imaging systems
Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
Know how of automation tools like Power BI, Power automate, VBA Macros would be an added advantage Education & Experience 1-3 years of work experience in a similar role
Experience in Agribusiness/Commodity trading industry preferred
Minimum Education Qualification - Chartered Accountant, BCOM
Good knowledge of accounting concepts and procedures related to General Ledger, Mark to Market, Options, Futures, Intercompany and Fixed Assets Accounting & Reporting activities
Ability to provide high quality level of customer service and manage delivery independently
Strong communication & Interpersonal skills to work effectively with internal/external teams across the Globe
Strong problem solving & organization skills
Experience in managing people and processes through a sustained period of change
Act as strong Team Player
Knowledge of Europe languages will be added advantage
Flexibility to work in different time zones
Main Accountabilities Perform month end close activities within a defined timeline
Perform monthly revenue de-recognition process and record the appropriate transactions
Manage lease accounting and month end subledger (Nakisa) reconciliation with General ledger
Responsible for posting of Manual Journal Entries (JEs) in system post approval from local country team
Analyze and post monthly expense accruals/amortization JEs
Run currency revaluation and update exchange rates, as and when required
Responsible for various Cost & PCA allocations including under/over recovery analysis
Maintain end to end Fixed Asset (FA) register including CIP tracking and foot notes reporting at month end
Process Fixed Assets additions, transfers & disposal requests and monitoring the accounting accuracy
Reconciliations of Bank / Balance sheet Accounts as per the timelines governed by policy
Complying with Sarbanes Oxley Standards & implement the process improvements whenever required
Prepare journal entries related to readily marketable inventory (Mark to Market) including quarterly RMI Footnote
Prepare and reconcile monthly/quarterly financial foot notes/schedules required as per SEC
Prepare and submit the quarterly fair value and SFAS forms including BS, PL and volume reporting
Ensure the internal finance controls, procedures in place and in compliance with company policies
Preparing and updating process documentation and to keep up to date all the time
Liaising with auditors (Internal and external) and responding to their queries
Responsible for preparing & submitting the local statistical Reporting (National bank Reporting, Proper taxes return, Inventory reports) for local compliances
Responsible for managing RTR KPI Targets as per the defined SLAs
Identify & implement process improvements to generate process efficiency
Managing the governance calls and taking timely actions for open items
Knowledge and Skills Behavior Improve Bunges outcomes by making data-driven decisions, keeping the customer at the forefront of all they do, and proactively gaining insight into the global strategy
Collaborate, effectively communicate with others and take initiative to continually develop themselves
Pursue opportunities to solve problems and take action while maintaining the ability to manage work, even in times of challenge or change
Technical Prior experience in managing high transaction volumes, with good knowledge of associated controls and procedures
Experience in SAP & Onestream ERP, workflow tools and document imaging systems
Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
Know how of automation tools like Power BI, Power automate, VBA Macros would be an added advantage Education & Experience 1-3 years of work experience in a similar role
Experience in Agribusiness/Commodity trading industry preferred
Minimum Education Qualification - Chartered Accountant, BCOM
Good knowledge of accounting concepts and procedures related to General Ledger, Mark to Market, Options, Futures, Intercompany and Fixed Assets Accounting & Reporting activities
Ability to provide high quality level of customer service and manage delivery independently
Strong communication & Interpersonal skills to work effectively with internal/external teams across the Globe
Strong problem solving & organization skills
Experience in managing people and processes through a sustained period of change
Act as strong Team Player
Knowledge of Europe languages will be added advantage
Flexibility to work in different time zones
Employment Type: Full Time, Permanent
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People are getting interviews at Bunge India through
People are getting interviews through
(based on 18 Bunge India interviews)
Job Portal
Walkin
Recruitment Consultant
Campus Placement
Company Website
22%
17%
17%
6%
6%
32% candidates got the interview through other sources.
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Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.
What people at Bunge India are saying
Rating based on 31 Processing Executive
reviews
Anonymous · Finance
in Mohali
Likes
Dont mind about respect and work timings. Your pay will be good.
Dislikes
Trade operations management is road chaap. Senior management hires rogues who takeoff your sleep and respect. Careless work culture. HR’s are biggest fools who doesn’t care all this stuff
Read 31 reviewsProcessing Executive salary at Bunge India
reported by
185
employees
with 1-10
years exp.
₹4
L/yr - ₹11
L/yr
177%
more
than the average Processing Executive Salary in India
View more details
What Bunge India employees are saying about work life
based on 524 employees
Flexible timing
Monday to Saturday
No travel
Day Shift
Bunge India Benefits
Health Insurance 
Job Training 
Work From Home 
Soft Skill Training 
Team Outings 
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