Accountant – Hopkins, MN

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. TSF also leverages Cargill’s international trade flows to create trade structures that provide funding to emerging market-based financial institutions and corporations. In additional to structured trade finance, internal funding, and international trade flows, TSF also maintains a Financial Trading Group (FTG) which focuses primarily on emerging markets fixed income and OTC derivatives trading.

The FTG Accounting and Reporting Analyst supports traders and transaction management teams in the Americas, Europe, and 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, and securities valuation. Successful candidates must be able to effectively collaborate with traders, transaction management and finance colleagues across FTG’s global offices, to demonstrate curiosity, conceptual strength, and a desire to learn various derivative products.

Principal Accountabilities

50% Daily Management of FTG Transactions

• Review daily P&L statements. Responsibility includes verification and reconciliation of P&L and communication to management and traders on material fluctuations and variances.
• Verification of positions, pricing and exposure compared to what the traders show.
• Account for trading and admin activities and ensure general ledger accurately reflects business activities.
• Pricing of FTG’s portfolio by pulling prices from Pricing Sources.

30% Monthly Reporting

• Process month end close functions. Review of balance sheet and intercompany reconciliations to ensure all items are supported. Report major exceptions in a timely manner.
• Review and analyze admin expenses.
• Liaise with Corporate Accounting and External Auditors to complete audits.

20% Miscellaneous

• 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.
• Assist in special projects as requested.
• Provide back-up coverage for other members of the accounting team.

Required

• Bachelor’s Degree in Accounting or equivalent professional degree
• 2 or more 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