Namta Garg

Experience

1. Associate Team Lead

   Bunge

   Sep 2022 — Present · Sahibzada Ajit Singh Nagar, IN

   Daily Risk & Position Reporting:Monitor and report daily unhedged commodity positions, providing insights into trading exposure to support accurate financial records and risk mitigation.Variance Analysis:Analyze daily movements in unhedged positions in alignment with the business model and investigate significant variances to ensure accurate reporting of exposures.Unrealized Gain/Loss Reconciliation:Perform intercompany reconciliations of Unrealized Gain/Loss balances to ensure accounting consistency across group entities and support consolidation accuracy.Month-End Close Activities – Mark-to-Market Accounting:Execute month-end mark-to-market valuations of physical and traded commodities, considering Incoterms, delivery terms, and relevant market pricing.Pass journal entries for valuation adjustments in the General Ledger under Unrealized Gain/Loss.Accounting for Exchange-Traded Commodities:Perform mark-to-market valuations and post necessary entries for exchange-traded commodity futures.Recognize and post realized gains/losses on contract settlement.Foreign Exchange (FX) Reporting:Generate FX exposure reports and support hedging activities by providing accurate data for the management of open forex contracts.Balance Sheet Reconciliations:Conduct timely and accurate reconciliation of assigned GL accounts (e.g, Unrealized Gain/Loss, MTM adjustments) using OneStream, ensuring compliance with internal controls and SOX standards.Control & Compliance Activities:Perform supporting reconciliations to validate mark-to-market accuracy and ensure all accounting entries reflect economic substance. Escalate anomalies in line with R2R governance practices.

Education

• Institute of Chartered Accountants of India

  CA, .

• Indra Gandhi National Open University

  B.Com (A&F)

  2015 — 2018