CHS Inc. Financial Controller - Danube in United States
Financial Controller - Danube
Date: May 4, 2021
Bucharest, RO, 50564
Req ID: 1291
Division: EMEA Corporate and Other
Employment Type: Full Time
CHS Inc. is a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States that provides grain, food and energy resources to businesses and consumers around the world. We serve agriculture customers and consumers across the United States and around the world. Most of our 11,000 employees are in the United States, but today we have employees in 19 countries. At CHS, we are creating connections to empower agriculture.
The Danube Finance Controller role is a key role in the company. Must have a good understanding of the business, understand the priorities and follow up closely on the region P&L, budget and variances. This role is a regional one, managing the Danube countries: Romania, Hungary, Serbia and Bulgaria, providing close support to the business.
Manage the budgeting process: budget preparation, follow up and quarterly forecast
To gather and maintain data about past performance ie. structure of portfolio by types of suppliers, commodities and related gross margin
To support FM in budgeting process, plan vs fact analysis, daily cash flow planning, working capital needs and gross margin budgeting)
Analysis to commercial department of executed or originated volume done with breakdowns
Support IT team in developing and testing new modules and IT controls
Identify deficiencies in control matrix and suggest improvements
Daily Commodity and Forex Position reporting supervision
Support finance in daily FX routine, including currency buy or sell, credit lines utilization, cash flow
Business KPIs development and controlling
Support reconciliation between Trading and Accounting PL, Estimated vs Actual, Monthly and YTD variances explanation
MTM calculation, checking and confirming with traders for Romania, Hungary, Serbia and Bulgaria
Intercompany reconciliation in Blackline (MTM, provisions, supplier accounts, advances on purchases, inventories)
Checking and recording, booking accruals and expenses manual freight cost, interest on stock days
Issurance fo the admin values of FX for BU split for CHS entities in Danube
Inventory reconciliation execution vs GL
Internal and external audit support, requests and checklist
Intercompany reconciliations, BS, PL, MTM
Accounts reconciliations in Blackline, MTM, provisions, supplier accounts, advances on purchases, inventories
Prepare the monthly PnL based on the reports from insight, compare with budget and report variances
Analyze the variances actuals vs budget and prepare the variances report
Minimum Qualifications (required)
Minimum 3 years accountant/finance analyst/finance business partner/finance controller experience within trading (will be a preference) or B2B business;
Good analytical skills, good understanding of the business
Good communication skills
Good understanding of USGAAP standards, as well as statutory standards and high level taxation knowledge
Good MS Office (especially Excel) skills
Attention to details, business-oriented attitude
Bachelor’s Degree in finance/accounting,
Proven qualification in US GAAP or IFRS (ACCA, CPA) will be a preference,
Upper intermediate/fluent English skills.
CHS offers a competitive total compensation package.
Compensation: This includes base wage and may consist of other earnings depending upon position within CHS, consisting of bonuses, incentives, commissions, merit pay. This position may be an opportunity for promotion.