Middle Office & PL Analyst

Sofia, Bulgaria
Job Reference JR0079922
Professional Areas Finance
Function Accounting, Finance and Treasury
Contract Type Permanent
Years of Work Experience 0 - 3
Start date 2024-10-31

Louis Dreyfus Company is a leading merchant and processor of agricultural goods. Our activities span the entire value chain from farm to fork, across a broad range of business lines, we leverage our global reach and extensive asset network to serve our customers and consumers around the world. Structured as a matrix organization of six geographical regions and ten platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 17,000 people globally.

The Middle office & PL analyst main responsibility will be to calculate, analyze and explain the daily results of the sugar trading desk, and assist the senior middle officer and the traders on the monitoring of the desk exposures.

Main Responsibilities:

  • Understanding trading Terms and Strategies.
  • Generate and analyze Daily Positions and P&L for designated line of business and publish it on a daily basis.
  • Analyses the daily performance of the line of business and explain to the head trader the P&L drivers.
  • Liaise with Trading and Execution, Risk Management Teams, and Accounting to achieve the daily task schedules.
  • Independently reconcile discrepancies related to contracts booking between the front and the accounting systems.
  • Ensure market valuation of positions held are as accurate as possible.
  • Understand and act as a backup for the position production and analysis of the Geneva desk.
  • Provide the business with P&L report tracking changes and review the month to date performance.
  • Provide support and assistance for the cash and derivatives traders to any questions related to position and P&L.
  • Oversee the daily P&L submission and reconciliation process of the other regions to ensure accurate daily P&L reporting to the Sugar and group Management.
  • Interact with Operational Control to ensure completeness of Month end financial close process.
  • Develop sugar trading market understanding (Futures/Cash/Pol/Expiries/Options/Brokers).
  • Process and system enhancement, specifically Atlas development and improvement.
  • On-going systems development and improvement.

Experience:

  • A Graduate / Postgraduate with 6 Months to 1 Year of experience preferably with studies in the Commerce/Finance field.

Skills and Competencies:

  • Excellent knowledge of Excel (including Power Query), programming skills (VBA, Python) will be a plus
  • Good understanding of commodity and derivative markets and instruments, interest for trading and soft commodity business
  • Strong analytical / quantitative skills
  • Detailed oriented and critical thinking with the ability to prioritize tasks.
  • Strong communication and interpersonal skills with good command over English language for effective interactions with traders and operations colleagues.
  • Pro-Active, problem-solving mentality.
  • Quick learner and willingness to adapt to new challenges in a dynamic environment with shifting priorities.

 

    Selection process:

    • Application Screening
    • HR Interview
    • Online Assessments
    • Hiring Manager Interviews (Teams meeting and possibly Face-To-Face)

    Diversity & Inclusion

    LDC is driven by a set of shared values and high ethical standards, with diversity and inclusion being part of our DNA. LDC is an equal opportunity employer committed to providing a working environment that embraces and values diversity, equity and inclusion.

    LDC encourages diversity, supports local communities and environmental initiatives. We encourage people of all backgrounds to apply.

    Sustainability

    Sustainable value is at the heart of our purpose as a company.

    We are passionate about creating fair and sustainable value, both for our business and for other value chain stakeholders: our people, our business partners, the communities we touch and the environment around us

    What We Offer

    We provide a dynamic and stimulating international environment, which will stretch and develop your abilities and channel your skills and expertise with outstanding career development opportunities in one of the largest and most solid private companies in the world.



    We offer

    - Competitive salary and benefits

    - Private medical insurance

    - Life insurance

    - Flexible working

    - Access to Training and Development 

    - Food vouchers

    - Transportation Allowance

    - Sports card with 90/10 coverage

    - 25 days annual leave

    - Modern office in communicative location

    - Fruits days in the office

    - Hybrid model of working

    Company Description

    Louis Dreyfus Company is a leading merchant and processor of agricultural goods. Our activities span the entire value chain from farm to fork, across a broad range of business lines, we leverage our global reach and extensive asset network to serve our customers and consumers around the world. Structured as a matrix organization of six geographical regions and ten platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 17,000 people globally.


    Job Description

    The Middle office & PL analyst main responsibility will be to calculate, analyze and explain the daily results of the sugar trading desk, and assist the senior middle officer and the traders on the monitoring of the desk exposures.

    Main Responsibilities:

    • Understanding trading Terms and Strategies.
    • Generate and analyze Daily Positions and P&L for designated line of business and publish it on a daily basis.
    • Analyses the daily performance of the line of business and explain to the head trader the P&L drivers.
    • Liaise with Trading and Execution, Risk Management Teams, and Accounting to achieve the daily task schedules.
    • Independently reconcile discrepancies related to contracts booking between the front and the accounting systems.
    • Ensure market valuation of positions held are as accurate as possible.
    • Understand and act as a backup for the position production and analysis of the Geneva desk.
    • Provide the business with P&L report tracking changes and review the month to date performance.
    • Provide support and assistance for the cash and derivatives traders to any questions related to position and P&L.
    • Oversee the daily P&L submission and reconciliation process of the other regions to ensure accurate daily P&L reporting to the Sugar and group Management.
    • Interact with Operational Control to ensure completeness of Month end financial close process.
    • Develop sugar trading market understanding (Futures/Cash/Pol/Expiries/Options/Brokers).
    • Process and system enhancement, specifically Atlas development and improvement.
    • On-going systems development and improvement.

    Experience

    Experience:

    • A Graduate / Postgraduate with 6 Months to 1 Year of experience preferably with studies in the Commerce/Finance field.

    Skills and Competencies:

    • Excellent knowledge of Excel (including Power Query), programming skills (VBA, Python) will be a plus
    • Good understanding of commodity and derivative markets and instruments, interest for trading and soft commodity business
    • Strong analytical / quantitative skills
    • Detailed oriented and critical thinking with the ability to prioritize tasks.
    • Strong communication and interpersonal skills with good command over English language for effective interactions with traders and operations colleagues.
    • Pro-Active, problem-solving mentality.
    • Quick learner and willingness to adapt to new challenges in a dynamic environment with shifting priorities.

     


      Additional Information

      Selection process:

      • Application Screening
      • HR Interview
      • Online Assessments
      • Hiring Manager Interviews (Teams meeting and possibly Face-To-Face)

      Diversity & Inclusion

      LDC is driven by a set of shared values and high ethical standards, with diversity and inclusion being part of our DNA. LDC is an equal opportunity employer committed to providing a working environment that embraces and values diversity, equity and inclusion.

      LDC encourages diversity, supports local communities and environmental initiatives. We encourage people of all backgrounds to apply.

      Sustainability

      Sustainable value is at the heart of our purpose as a company.

      We are passionate about creating fair and sustainable value, both for our business and for other value chain stakeholders: our people, our business partners, the communities we touch and the environment around us

      What We Offer

      We provide a dynamic and stimulating international environment, which will stretch and develop your abilities and channel your skills and expertise with outstanding career development opportunities in one of the largest and most solid private companies in the world.



      We offer

      - Competitive salary and benefits

      - Private medical insurance

      - Life insurance

      - Flexible working

      - Access to Training and Development 

      - Food vouchers

      - Transportation Allowance

      - Sports card with 90/10 coverage

      - 25 days annual leave

      - Modern office in communicative location

      - Fruits days in the office

      - Hybrid model of working