Finance Manager

Function Accounting, Finance and Treasury

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 scope covers all booking entries from trading to financial results, G&A, and taxes, as well as reporting in SAP-BFC. 

This position will have many contacts with Management, Traders, Execution, Controlling, SBS (Shared Business Service), and Treasury teams, locally but as well with Geneva, the regional trading hub.

Main Responsibilities

The position covers all financial aspects of the entity from accounting to controlling: business flows including hedging, G&A’s, financing, taxes, review and reporting (both local GAAP and IFRS, as well as statutory reporting and managerial). Ensure proper internal control environment at the Trading, Execution and Finance levels and harmonization with Group’s guidelines. Supervise and develop the local finance team.

Main duties will be:

Reporting

• Performing monthly and quarterly closings, and financial analysis & reports according to group standards and preparing IFRS reports
• Preparation of budget and periodical analysis of budget variances in terms of actual & forecast comparison 
• Preparing Ad-Hoc reports
• Presenting monthly P&L results to senior management
• Performing quarterly Central Bank Reporting

Controlling

• Coordination of activities in terms of finance, reporting, control perspective between functions
• Ensuring proper internal control environment at the trading, execution and finance levels and harmonization with Group's guidelines
• Performing month end controls (inventories, mark-to-market, reconciliation estimates vs accounting p&l, etc.)
• Daily position review for estimated P&L purposes
• Following FX exposure and taking necessary actions to minimize exposure in line with FX Policy

Accounting

• Leading monthly and quarterly closing processes
• Controlling accounting entries made by SBS for accuracy and consistency
• Sign-off on the bridge from IFRS to Statutory figures
• Ageing balance review
• Controlling declarations prepared by external accountants
• Cash movements booking entries (allocation of cash usage by business) and month-end bank reconciliations
• Review intercompany discrepancies highlighted by SBS
• Performing E-invoice reconciliations between back-office (SAP) and e-portal

Treasury

• Monitoring and interpreting cash flows and formulating best alternative financing structure
• Managing relationships with Banks
• Ensuring payables are paid in a time and receivables are collected promptly
• Management of cash operations
• Review of Forex & Futures bookings and reconciliation with broker statements
• Prepare Cash flow forecasts on a monthly basis

Tax

• Coordinating VAT refund process Tax advisors
• Monitoring VAT refund process and ensuring fast refund of VAT
• Supporting regional Tax Management and managing local tax risks
• Supporting regional Tax team on transfer pricing review
• Review of tax declarations prepared by external accountants

Others

• Managing the relationship with external auditors/tax auditors and other regulatory bodies
• Coordinating any (new) system enhancement with ERP consultants (including compliance with Turkish law)

Experience

Knowledge and Experience:

• Experience in accounting, controlling, and reporting
• Experience in audit welcome
• Trading / Broking (soft commodities) environment would be preferred
• Effective communication skills, both written and oral in Turkish and English
• Knowledge of SAP system - knowledge of SAP-BFC system would be a plus.
• Minimum years of experience in similar roles: 5 years
• Education: Accounting / Auditing

Other skills and competencies:

• Excellent Excel knowledge
• Very Good accounting understanding
• Ability to take full ownership
• Energetic and highly motivated, autonomous
• Analytic mind

Additional Information

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
• Hybrid work available (not applicable to all roles)
• Pension contributions
• Access to Training and Development 
• Access to Concierge Partnerships

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

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 scope covers all booking entries from trading to financial results, G&A, and taxes, as well as reporting in SAP-BFC. 

This position will have many contacts with Management, Traders, Execution, Controlling, SBS (Shared Business Service), and Treasury teams, locally but as well with Geneva, the regional trading hub.

Main Responsibilities

The position covers all financial aspects of the entity from accounting to controlling: business flows including hedging, G&A’s, financing, taxes, review and reporting (both local GAAP and IFRS, as well as statutory reporting and managerial). Ensure proper internal control environment at the Trading, Execution and Finance levels and harmonization with Group’s guidelines. Supervise and develop the local finance team.

Main duties will be:

Reporting

• Performing monthly and quarterly closings, and financial analysis & reports according to group standards and preparing IFRS reports
• Preparation of budget and periodical analysis of budget variances in terms of actual & forecast comparison 
• Preparing Ad-Hoc reports
• Presenting monthly P&L results to senior management
• Performing quarterly Central Bank Reporting

Controlling

• Coordination of activities in terms of finance, reporting, control perspective between functions
• Ensuring proper internal control environment at the trading, execution and finance levels and harmonization with Group's guidelines
• Performing month end controls (inventories, mark-to-market, reconciliation estimates vs accounting p&l, etc.)
• Daily position review for estimated P&L purposes
• Following FX exposure and taking necessary actions to minimize exposure in line with FX Policy

Accounting

• Leading monthly and quarterly closing processes
• Controlling accounting entries made by SBS for accuracy and consistency
• Sign-off on the bridge from IFRS to Statutory figures
• Ageing balance review
• Controlling declarations prepared by external accountants
• Cash movements booking entries (allocation of cash usage by business) and month-end bank reconciliations
• Review intercompany discrepancies highlighted by SBS
• Performing E-invoice reconciliations between back-office (SAP) and e-portal

Treasury

• Monitoring and interpreting cash flows and formulating best alternative financing structure
• Managing relationships with Banks
• Ensuring payables are paid in a time and receivables are collected promptly
• Management of cash operations
• Review of Forex & Futures bookings and reconciliation with broker statements
• Prepare Cash flow forecasts on a monthly basis

Tax

• Coordinating VAT refund process Tax advisors
• Monitoring VAT refund process and ensuring fast refund of VAT
• Supporting regional Tax Management and managing local tax risks
• Supporting regional Tax team on transfer pricing review
• Review of tax declarations prepared by external accountants

Others

• Managing the relationship with external auditors/tax auditors and other regulatory bodies
• Coordinating any (new) system enhancement with ERP consultants (including compliance with Turkish law)

Experience

Knowledge and Experience:

• Experience in accounting, controlling, and reporting
• Experience in audit welcome
• Trading / Broking (soft commodities) environment would be preferred
• Effective communication skills, both written and oral in Turkish and English
• Knowledge of SAP system - knowledge of SAP-BFC system would be a plus.
• Minimum years of experience in similar roles: 5 years
• Education: Accounting / Auditing

Other skills and competencies:

• Excellent Excel knowledge
• Very Good accounting understanding
• Ability to take full ownership
• Energetic and highly motivated, autonomous
• Analytic mind

Additional Information

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
• Hybrid work available (not applicable to all roles)
• Pension contributions
• Access to Training and Development 
• Access to Concierge Partnerships

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