Process Executive – Trade Execution Job Vacancy in Bunge Mohali, Punjab – Latest Jobs in Mohali, Punjab – updated today
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Company Name : Bunge
Location : Mohali, Punjab
Position : Process Executive – Trade Execution
Job Description : Business Title: Process Executive – Trade Ops
Global Job Title: Process Executive
Reports to (position): Manager or Team Lead Trade Operations
Global Function: Trade Operations
Global Department: Trade Operations (Asia)
Role Purpose Statement
Bunge Limited (www.bunge.com, NYSE: BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 35,000 employees. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredients used by food companies; and sells fertilizer in South America. Founded in 1818, the company is headquartered in White Plains, New York. Bunge has implemented a Shared Services Center in Mohali, India to support Global Operations in areas of Finance & Accounting, Trade Operations, Treasury and IT Support and other back office support Services
This position is responsible to execute shipments/vessels and ensure flawless execution of commodity trade contracts, which services the Asia Pacific operations for Bunge Group. In addition, there is also responsibility to support Officers in transaction processing & issue resolution.
Main Accountabilities
Perform vessel screening to ensure compliance as per Bunge Global guidelines – Review of reports, Check availability of vessel charter party agreement, vessel certificates and othersGather information on contracts nominated on the vessel to be executed from the Business TeamUpdate vessel nomination details to Sellers and Buyers (counterparties)Follow-up and get conformation on vessel nomination from counterpartiesRequest the Business Team to nominate surveyors and load port agents for the vesselMonitor loading/discharge operations and coordinate with surveyors and load port agentsSend regular updates to Buyers on the vessel statusCreate contract vessel and parcel in SAP system, and Nominate purchase/sales contracts in SAP systemPreparation of Shipping Documents like Bills of Lading, Packing List, Commercia invoice etc.Timely execute & settle purchase/sales contracts in SAP system
Provide guidance and inputs to co-workers (Documents team) on documents to be prepared for vessel execution for submission to internal and external stakeholdersReceive freight and purchase invoices from sellers and forward it to co-workers (Finance team) for payments processing
Key Performance Indicators (KPIs)Reduce the Cash Cycle for trade flows under different value chains .Target minimum 90 % accuracy in Documents Preparation, and Presentation
Maintain Documents presentation time line within 10 working days overall average .
Major Opportunities and Decisions
Highly organized and able to work within required timeliness and applicable KPI’sFlexible and adaptive to changing conditions in the business/market environmentStrong customer service, communication skills/soft skillsAttention to details, process oriented and analytical skillsWork well as part of a team to achieve a common objectiveEffective decision making and problem solving
Key Relationships, Stakeholders & Interfaces
This is a role that interacts with trading, freight, Origin execution, controlling, accounting, finance desks across the regions Bunge serves.
Knowledge and Technical Competencies
Good knowledge of concepts and procedures related to shipment of trade commodities and related terms & guidelines, including expertise in Letters of credit and shipping documentsAbility to provide high quality level of customer service to internal & external stakeholders involved in contract execution & settlementAbility to work independently, efficiently and deliver high quality output under time pressureIndependent and meticulous with figuresStrong written & oral communications skills in English. Knowledge of European languages added advantage.Strong problem solving & organization skillsExperience in managing people and processes through a sustained period of changeExcellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
Experience in working with SAP system
Education/Experience
2-3 years of work experience in a similar roleRelevant experience in handling bulk, break-bulk and container shipments of Agri-commodities, with good knowledge of GAFTA and NAEGA contracts’ rules.
Minimum Education Qualification – Graduation. Post-graduation or MBA International Business would be an advantage.
Distinct AdvantageExperience working in a similar Shared Services Centre setupExperience in processing of high volumes of transactionsExperience in workflow tools and document imaging systemsStrong customer service, communication skills/soft skills
Bunge (NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Founded in 1818, Bunge’s expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe. The company is headquartered in St. Louis, Missouri and has 25,000 employees worldwide who stand behind more than 350 port terminals, oilseed processing plants, grain facilities, and food and ingredient production and packaging facilities around the world.
Bunge is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, transgender status, national origin, citizenship, age, disability or military or veteran status, or any other legally protected status. Bunge is an Equal Opportunity Employer. Minorities/Women/Veterans/Disabled
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