Role Purpose Statement

The Deputy General Manager - Trade Settlements will lead Bunge's global settlements function, ensuring accurate ERP management, timely month end close processes, robust reconciliations, and precise P&L impact capture across all commodity value chains. The role serves as the pivotal link between Mark-to-Market (MtM), Record-to-Report (RTR), Trade Contracts, Execution, and Controlling, ensuring completeness, accuracy, and compliance in all settlement- related activities.

The role is responsible for establishing Bunge standard processes, enhancing controls, driving automation, and enabling a seamless, error free settlement environment that supports high- quality reporting and analytics.

Main Accountabilities

1. Leadership of Global Settlements Operations

- Lead end- to- end settlement activities across purchase and sales contracts, including order validation, ticketing, pricing application, freight adjustments, invoice issuance, and transactional accuracy in ERP systems.

- Oversee all settlement flows for Rail, Truck, Container, and Barge movements with strict adherence to contractual, financial, and compliance standards.

- Ensure timely and accurate handling of quality claims, adjustments, credit/debit notes, and revenue/cost finalization.

2. ERP Management & Data Integrity

- Own master data and transaction accuracy in SAP, ensuring correct application of pricing components, billing strings, ticket data, and contract amendments.

- Maintain governance for data quality, exception handling, and root- cause corrective actions.

- Partner with IT/ERP teams on enhancements, fixes, and automation opportunities.

3. Month-End Close, Reconciliations & P&L Accuracy

Lead the entire month- end settlement cycle:

- Open/close activities

- Reconciliation of open contracts, ticket status, freight accruals, and pending invoices

- Validation of quantity and pricing impacts

- Ensure complete and accurate P&L reflection by validating all trade events impacting gross margin, accruals, and cost of goods sold.

- Partner with RTR to ensure timely closing, accurate balances, and audit support.

4. Coordination with Mark-to-Market, RTR & Commercial Finance

- Work closely with the Mark- to- Market team to ensure timely valuation of exposures, contract positions, and adjustments.

- Ensure alignment on pricing curves, valuation dates, and settlement cut- offs.

- Collaborate with RTR on reconciliations, provisioning, accrual accuracy, and financial reporting compliance.

5. Cross-Functional Collaboration

- Maintain close coordination with Trade Execution, Trade Contracts, Freight, Controlling, and Commercial to ensure smooth flow of settlement information.

- Resolve discrepancies related to quantity, pricing, documentation, freight, and quality in collaboration with execution teams.

- Serve as a senior escalation point for internal and external stakeholders.

6. Controls, Compliance & Audit Readiness

- Strengthen internal controls across settlement processes, including segregation of duties, approval matrices, and documentation trails.

- Ensure compliance with GAFTA/FOSFA/ANEC/NAEGA/ICA frameworks where applicable.

- Prepare for internal/external audits and drive remediation actions.

7. Process Excellence & Automation

- Drive continuous improvement initiatives, leveraging analytics, workflow tools, and automation to increase accuracy and reduce cycle time.

- Lead transition and standardization programs across business units for a unified global settlement model.

- Build playbooks/SOPs for global consistency and future scalability.

8. People Leadership

- Manage, coach, and develop a team of analysts and managers across multiple locations.

- Foster a high-performance culture emphasizing accuracy, accountability, and continuous learning.

- Align team capability with Bunge's strategic direction and BBS "Partner of Choice" ambitions.

Knowledge and Skills

Behavior:

- Make decisions aligned to Bunge's global strategy, business needs and financial goals and explore new perspectives by driving innovation.

- Cultivate strong relationships and networks, effectively influence others, and develop talent to excel in their current and future roles.

- Develop data driven strategies aligned with Bunge's priorities, energize others to action through clear and compelling communication.

Technical:

- Strong knowledge of SAP (S/4HANA preferred), including settlement modules, billing strings, master data, pricing, ticketing, and freight components.

- Strong understanding of trade contracts, commodity pricing structures, and cost components.

- Working knowledge of International Trade Execution, documentation, and quality/quantity settlement mechanisms.

- Advanced Excel skills (data analysis, reconciliation models).

- Proficiency in workflow tools and document imaging systems.

- Ability to interpret and validate Mark to Market and P&L impacts.

Education & Experience

- Graduate degree required; Post Graduation or MBA preferred.

- 12-18 years of experience in Trade Execution/Settlements/Finance, with minimum 5 years in leadership roles.

- Experience in global agribusiness, commodities, shared services, or high- volume transactional environments preferred

- 12-18 years of experience in Trade Execution/Settlements/Finance, with minimum 5 years in leadership roles.

- Experience in global agribusiness, commodities, shared services, or high- volume transactional environments preferred

Distinct Advantage

- Experience working in a similar Shared Services Centre setup

- Experience in processing of high volumes of transactions

- Experience in workflow tools and document imaging systems

- Strong customer service, communication skills/soft skills"