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 18,000 people globally.
Job DescriptionMain accountabilities:
- Independently decide and execute financing drawdown with facility banks, including communication with banks, cost calculation, documents execution and Quantum input.
- Handle multicurrency cross border payment and collection, e.g. goods trading, service fees; align with platform and FX traders to ensure timely settlement of spot/forward position.
- Cash forecast and provide liquidity support to all platforms margin call and cash commodity purchasing
- Operate transit trades under general settlement a/c or FTE a/c
- Manage and monitor domestic and cross border cash pool
- Handle capital account business, such as capital injection, dividend payment, foreign debt, equity transfer
- FX gain or loss settlement based on daily FX exposure reporting
- Management and execution of deposit products in banks as well as deposit rates in system
- Daily inter-company funding transfer in Trax; monthly settlement of AR/AP in cash pool
- Monthly SAFE reporting of trade credit declaration (periodically)
- Daily Quantum matching of MT940 (periodically)
- Occasionally open/close bank accounts, update signature specimen/board resolution/dealing mandate, set up and maintain online banking.
Experience:
- At least 6 years’ treasury working experience in multinational corporations, experience in commodity/ trading/ manufacture/wholesale industries is preferred.
- Exposure to cross border payment/ collection (under both current account and capital account), familiar with SAFE/PBOC regulations and ASONE declaration.
- Experience of banks financing products, e.g working capital loan, Ebad, Letter of Credit, bank guarantee.
- Proficient with domestic/cross border cash pool and liquidity management.
- Proficient with FX spot/forward/swap operations; basic knowledge of soybeans OTC is a plus.
- Good at cross-departmental cooperation and communication.
Knowledge and skills
- Good cross-departmental cooperation and communication skills in both English and Chinese.
- Proficient in MS office, e.g., outlook, excel, etc.
- Experience in Quantum/Trax/SAP/Host-to-host systems is a plus.
Education:
- Bachelor’s or above degree in Accounting, Economics, Business Administration, Finance, or a related field.
- CET6 or above for English.
Additional Information
What We Offer
- A dynamic and stimulating international environment, which embraces diversity, equity and inclusion.
- Learning & development opportunities.
- Competitive compensation and benefits.
- Insurance systems & schemes.
Diversity, Equity & 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.
Skills Required
- At least 6 years of treasury experience in multinational corporations
- Experience with cross-border payments and collections involving current and capital accounts
- Familiarity with SAFE, PBOC regulations, and ASONE declarations
- Experience with bank financing products such as working capital loans, Ebad, letters of credit, and bank guarantees
- Proficiency with domestic and cross-border cash pooling and liquidity management
- Proficiency with FX spot, forward, and swap operations
- Strong cross-departmental cooperation and communication skills
- Good communication skills in English and Chinese
- Proficiency in Microsoft Office, including Outlook and Excel
- Bachelor's degree or higher in Accounting, Economics, Business Administration, Finance, or a related field
- CET6 or above English qualification
- Experience in commodity, trading, manufacturing, or wholesale industries
- Basic knowledge of soybean OTC trading
- Experience with Quantum, Trax, SAP, or host-to-host systems
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.
