Cargill TSF Accounting and Reporting Analyst in Singapore, Singapore
TSF Accounting and Reporting Analyst
Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and over 150 years of experience. We have 150,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work.
Trade and Structured Finance (TSF) compliments the efforts of Cargill commodity business units by providing financial solutions to Cargill’s business partners (suppliers and buyers). TSF’s experience and expertise in global financial markets aid in mitigating documentary, cross-border and credit risks associated with structured trade finance. TSF plays a key role in funding the global operations of Cargill through cross-border funding structures and management of transferability and convertibility risks. In addition to structured trade finance and internal funding, TSF also leverages Cargill’s international trade flows to create trade structures that provide funding to emerging market-based financial institutions and corporations.
The TSF Accounting and Reporting Analyst supports traders and transaction management teams in Asia. Major responsibilities include review and analysis of trading activities, analysis of profit and loss, position reporting, balance sheet and P&L reconciliation, management and corporate reporting. Successful candidates must be able to effectively collaborate with traders, transaction management and finance colleagues across TSF’s global offices.
40% Daily Management of TSF Transactions
Review daily P&L statements. Responsibility includes verification of P&L and communication to management and traders on material fluctuations.
Account for trading and admin activities and ensure general ledger accurately reflects business activities.
Verification of positions & trade execution status in coordination with Transaction Management.
Understand Revenue recognition issues relating to TSF business
30% Monthly Reporting
Prepare month end support schedules and TSF management reports in accordance to TSF global requirements. Close coordination with global TSF and BU accounting colleagues. Review of balance sheet and intercompany reconciliations to ensure all items are supported. Report major exceptions in a timely manner.
Liaise with Corporate Accounting and External Auditors to complete audits.
Ensure that work processes and procedures are in compliance with Cargill and TSF policies and standards.
Understand and ensure compliance to Accounting Standard Operating Procedures for TSF activities.
Good working knowledge of transaction management activities to provide assistance and support for new and existing trades.
Work closely with Cargill commodity BU accountants to ensure that accounting entries for TSF trades are correctly booked in non-TSF entities in an accurate and timely manner.
Assist in special projects as requested.
Education, Experience, Skills
Bachelor’s Degree in Accounting or equivalent professional degree
Minimum 3 years of accounting or finance experience
Good PC and spreadsheet skills
Good organizational skills; thorough & detail oriented at work
Able to work independently with minimal supervision, strong self-initiative
Strong team player
Good analytical skills
Ability to manage multiple priorities and work well under time pressure
Good verbal and written communication skills, able to communicate effectively with people at all levels
Note:- Only shortlisted candidate will be contacted.
Primary Location Singapore-Singapore-Singapore
Job Type Standard
Shift Day Job
Req ID: SIN01491