Operational Controller - Cotton

Posted Yesterday
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Karachi, Sindh
Mid level
Food • Manufacturing
The Role
The Operational Controller is responsible for managing financial tasks related to cotton, including preparing FX positions, budgets, and profit & loss reports, maintaining stock records, monitoring commodity hedges, and preparing cash flow forecasts. Additionally, the role involves coordinating audits, ensuring tax implications are highlighted, and working on automation for data accuracy.
Summary Generated by Built In

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

Main Responsibilities.

• Prepare the FX position daily and coordinate with Head of finance and and ensure that FX exposure is

• within the required limit.

• Assist in preparation budget and coordinate with the regional team.

• Preparing daily Adhoc profit & loss for cotton and report to regional management after reconciling with the position

and getting it validated by the commercial team.

• Preparing weekly Adhoc profit & loss for cotton and report to regional management after

reconciling with the position and getting it validated by commercial team.

• Assist in preparation of documents and data required for internal and external audits.

• Maintenance of proper stock register and reconcile it with the execution records.

• Calculate MTM independently and ensure it correctly reflected in the SAP.

• Monitoring of the commodity hedge and report the variance.

• Ensure that CP balances always reflect true position.

• Prepare the aging inventory and share it with Head of Finance

• Maintain accurate record of forward contracts and highlight once the lifting date is approaching.

• Laise with Manager taxation to ensure that any abnormal impact of tax is properly highlighted for the cotton platform.

• Prepare and circulate the credit risk report on weekly basis.

• Prepare the monthly and weekly cashflow forecast.

• Prepare a reconciliation between flash and finalized P&L and provide the quantified explanations for the variance.

• Work on automation and digital transformation to improve the accuracy of the numbers.

Qualifications

Academic Qualification

· CA / ACCA Qualified

Experience

· CA Qualified With minimum 3 years of relevant Post Qualification experience or ACCA Qualified with 5 years of relevant Post Qualification experience.

Additional Information

Additional Skills:

  • Excellent advanced MS office skills 

  • Strong numerical and analytic reporting skills. 

  • Excellent Interpersonal skills

  • Excellent communication skills in English (written and spoken)

Languages: 

  • English

  • Urdu 

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

  • A workplace culture that embraces diversity and inclusivity
  • Access to Training and Development
  • Competitive Salary and Benefits
  • Regular events that foster team engagement

Top Skills

MS Office
SAP
The Company
HQ: Rotterdam
10,897 Employees
On-site Workplace
Year Founded: 1851

What We Do

Louis Dreyfus Company is a leading merchant and processor of agricultural goods. We leverage our global reach and extensive asset network to serve our customers and consumers around the world, delivering the right products to the right location, at the right time – safely, responsibly and reliably. Our activities span the entire value chain from farm to fork, across a broad range of business lines (platforms). Since 1851 our portfolio has grown to include Grains & Oilseeds, Carbon Solutions, Food & Feed Solutions, Coffee, Cotton, Juice, Rice, Sugar, Freight and Global Markets. We help feed and clothe some 500 million people every year by originating, processing and transporting approximately 80 million tons of products. Structured as a matrix organization of six geographical regions and eight platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 17,000 people globally. For more information, visit www.ldc.com.

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