Cargill Finance Analyst in Kuala Lumpur, Malaysia
Working at Cargill is an opportunity to thrive—a place to develop your career to the fullest while engaging in meaningful work that makes a positive impact around the globe. You will be proud to work for a company with a strong history of ethics and a purpose of nourishing people. We offer a diverse, supportive environment where you will grow personally and professionally as you learn from some of the most talented people in your field. With 150 years of experience Cargill provides food, agriculture, financial and industrial products and services to the world. 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. Learn more at www.cargill.com .
Position Purpose and Summary
This position shall primarily focus to provide management reporting support for the below areas :
Be the expert of mark to market principles and perform all commercial contract valuation analysis
Prepare monthly gap analysis for WTG, CROE and base refining profit and loss statement. This include the analysis by product group and location
Perform forex analysis on all hedges for trade and non-trades.
Forex and Commercial Contract Positioning and Valuation Process
Leading the documentation and analysis of Commodity and Fx exposure reporting and suggest decisions to mitigate exposure
Ensure all margin calls of commodity exchanges are monitored within limit and manage the cash flow with brokers on daily basis
Review daily trades and contract exposure with commercial team to ensure appropriate action is taken to address all potential risks eg overdue contracts and transfer pricing
Monitor long term contract exposure with all oils suppliers to ensure the price and valuation is computed correctly for financial reporting.
Ensure working capital and cash position of the company is healthy to meet the company’s requirement (cash flow & hedging)
Provide timely and accurate trading data and reporting to commercial teams, FP&A, and other partners, this include estimate and final trading PL regular update of exposure etc.
Develop effective and efficient SOP process for reconciliation of trading PNL estimate with accounting PNL and ensure any significant differences are resolved and communicated appropriately.
Ensure financial compliances with local laws relating to derivatives both commodity and foreign exchange and ensure all reporting to regulators are done in compliance with applicable laws.
Ensure compliance, specifically with risk reporting requirement of applicable laws including local and US eg Mdex regulation, BNM regulation etc.
Management Profit and Loss Analysis
To perform and close profit and loss and balance sheet for WTG and CROE ledger
Work with CBS team to ensure monthly closing process involving forex and commercial contract MTM are computed completely and accurately, this include verification of monthend price, premium / discount valuation, etc.
Perform gap analysis eg comparing actual against budget / estimate /forecast of trading /value added / base refining PL on monthly basis.
Deep dive the issue in relation the performance gap
Generate management report deck for review by FPA and management team
Provide facts and supporting to support PL commentary to corporate.
Education, Experience and Skills:
Minimum Required Qualifications
Working experience of 2 years
Finance /Accounting or relevant finance profession graduates
Proficiency in excel and power points presentation
Good analytical skill
People agile and able to work with colleagues from different functions
Preferred Required Qualifications
Commodity and manufacturing exposure
Primary Location Malaysia-Kuala Lumpur
Job Type Standard
Shift Day Job
Req ID: KUA00303