Associate Team Lead Trade Settlements

City : Mohali

State : Punjab (IN-PB)

Country : India (IN)

Requisition Number : 44597

Role Purpose Statement

The overall responsibility of the Settlement Specialist is the accurate and timely input of commodity purchase and sales orders/contracts including amendments in the system (SAP) load order creation and application for Rail Truck and Barge movements create and apply tickets in SAP Purchase and sales execution in SAP freight adjustments quality claim settlement payment proposal creations as well as preparation of daily reports as per business requirement.

Key Interfaces: Internal External

Interaction with trading execution sales plant controller accounting fi nance desks also direct communication with third parties suppliers/buyers surveyors and agents.

Key Performance Indicators (KPIs)

• Turnaround time in the document delivery and collection.
• Accuracy in the related process

Job Description: Trade Settlement Specialist

• Ensure all KPIs are met on a daily basis.
• Manage and execute end- to -end trade settlements processes ensuring accuracy and timeliness.
• Accurate PO creation and input of purchase and sale orders/contracts and all relevant amendments in the system (SAP).
• Load order creation and application in SAP.
• Execute Purchase and sales orders ensuring strict adherence to contractual terms and applicable Incoterms.
• Create and apply tickets in SAP.
• Handle freight adjustments meticulously applying Incoterms definitions and contract specifications.
• Manage financial instruments pertinent to global trade including the processing and administration of Letters of Credit (LCs) and other trade finance mechanisms.
• Creation and up-dation of Billing String.
• Issuance of invoices credits and debits notes verifying alignment with trade settlements terms.
• Manage customer queries and complaints related to quality transportation and incorrect material often requiring an understanding of Incoterms responsibilities.
• Claim settlement including reconciliation of discrepancies related to trade settlements.
• Preparing daily reports like plant reports missed pickup detention cancellation and contract balance reports ensuring they are prepared and issued on time.
• Close coordination with internal and external interfaces on day-to-day activities particularly concerning trade settlements documentation and compliance.
• Effective communication on all day-to-day operation related activities with various stakeholders ensuring clarity on Incoterms payment terms and settlement statuses.
• Work in coherence to achieve self and team goals.
• Daily status update and report issues to the manager for timely resolution.
• Should be flexible to work in US shift as per business requirement.

Knowledge Skills and Experience

• Masters degree in finance Logistics or related field.
• Desirable minimum 4-5 years of experience in International Agri-commodity execution/finance.
• Advanced in both written and verbal English. Knowledge of any other foreign language(s) would be an advantage.
• Computer proficiency (SAP Analytical tools MS Office).

Competency

• Customer Focus.
• Continuous Improvement.
• Attention to details. -

Decision-Making

• Strong customer service communication skills/soft skills.
• Attention to details process oriented and analytical skills.
• Flexible and adaptive to changing conditions in the business/market environment.
• Work well as part of a team to achieve a common objective.
• Effective decision making and problem solving.

At Bunge (NYSE: BG) our purpose is to connect farmers to consumers to deliver essential food feed and fuel to the world. As a premier agribusiness solutions provider our team of 37000 dedicated employees partner with farmers across the globe to move agricultural commodities from where theyre grown to where theyre neededin faster smarter and more efficient ways. We are a world leader in grain origination storage distribution oilseed processing and refining offering a broad portfolio of plant-based oils fats and proteins. We work alongside our customers at both ends of the value chain to deliver quality products and develop tailored innovative solutions that address evolving consumer needs. With 200 years of experience and presence in over 50 countries we are committed to strengthening global food security advancing sustainability and helping communities prosper where we operate. Bunge has its registered office in Geneva Switzerland and its corporate headquarters in St. Louis Missouri. Learn more at .

Every day our people exemplify these values which represent Bunge at its core:

We Are One Team Collaborative Respectful Inclusive
We Lead The Way Agile Empowered Innovative
We Do Whats Right Safety Sustainability With Integrity

If this sounds like you join us! We value and invest in people who believe in our purpose and are excited to live it every day people who are #ProudtoBeBunge

Required Experience:

Manager

Employment Type : Full Time
Experience: years
Vacancy: 1