Search by job, company or skills

C

Process Analyst-Hedging Operations

new job description bg glownew job description bg glownew job description bg svg
  • Posted a day ago
  • Be among the first 10 applicants
Early Applicant

Job Description

Position Title

Analyst | Hedging Operations

Function/Group

Finance India

Location

Mumbai

Shift Timing

1.30 PM to 10.30 pm

Role Reports to

Manager

Remote/Hybrid/in-Office

Hybrid


ABOUT GENERAL MILLS

We make foodthe world loves: 100 brands. In 100 countries. Across six continents. With iconic brands like Cheerios, Pillsbury, Betty Crocker, Nature Valley, and Hagen-Dazs, we've been serving up food the world loves for 155 years (and counting). Each of our brands has a unique story to tell.

How we make our food is as important as the food we make. Our values are baked into our legacy and continue to accelerate

us into the future as an innovative force for good. General Mills was founded in 1866 when Cadwallader Washburn boldly bought the largest flour mill west of the Mississippi. That pioneering spirit lives on today through our leadership team who upholds a vision of relentless innovation while being a force for good. For more details check out

General Mills India Center (GIC) is our global capability center in Mumbai that works as an extension of our global organization delivering business value, service excellence and growth, while standing for good for our planet and people.

With our team of 1800+ professionals, we deliver superior value across the areas of Supply chain (SC) , Digital & Technology (D&T) Innovation, Technology & Quality (ITQ), Consumer and Market Intelligence (CMI), Sales Strategy & Intelligence (SSI) , Global Shared Services (GSS) , Finance and Human Resources Shared Services (HRSS).For more details check out

We advocate for advancing equity and inclusion to create more equitable workplaces and a better tomorrow.


JOB OVERVIEW

Function Overview

The Finance organization partners across General Mills to provide financial expertise to guide and govern the company. We bring a distinctive skill set to help the company sustainably drive strong returns on investment, whether that's brand investments, capital investments or resource investments. We hold ourselves accountable for the areas where we are uniquely positioned to drive results - what we call our Strategic Priorities - but we never lose sight of the fact that we only truly win when the company wins. The Finance function operates as a global team through the partnership of a series of enterprise-focused and business-embedded groups.

Purpose of the role

The Hedging Desk is part of the Grain Accounting team and provides specialized operational and accounting support for commodity hedging activities. This team partners with traders and merchandisers to ensure hedge transactions are accurately recorded and reflected in internal systems.

The Analyst role is the risk, control, and analytical owner of the hedging desk. It elevates hedge operations beyond transaction processing and reconciliation by introducing advanced risk monitoring, exposure analytics, control strengthening, and error-prevention ownership across UGS and TPT systems.

The Analyst role is responsible for strengthening hedge desk stability by owning risk oversight, control design, complex break resolution, exposure monitoring, and analytical support. This role exists to reduce operational errors, strengthen regulatory compliance, and protect hedge integrity by introducing deeper system expertise, structured controls, and proactive risk governance.

KEY ACCOUNTABILITIES

Market Research & Trend Analysis

1. Evaluatingmarkettrends:Analyzingagriculturalproducts'supplyanddemandtrendstoforecastpricemovements

2. Analyzingdata:Usingadvancedanalyticalsoftwares/systemstoaccessreal-timedataandmarkettrends

3. Providinginsights:Conveyingcomplexdatainsightsclearlytostakeholders

Operational Management

1. Risk & Control Ownership

Own hedge control framework, SOX evidence, and regulatory compliance

Design preventive and detective controls for hedge processing

Monitor Total Operating Positions, hedge exposure, and compliance breaches

Perform root-cause analysis and implement permanent fixes

2. Advanced Hedge Analytics & Exposure Monitoring

Develop exposure, bushel valuation, and hedge effectiveness analytics

Identify trends, breaks, and control gaps impacting hedge stability

Provide analytical insight to traders, treasury, and risk stakeholders

3. Complex Reconciliation & Escalation Management

Own complex broker and UGS reconciliation escalations

Lead resolution of aged and systemic breaks

4. Desk Transformation & Automation Leadership

Lead hedge automation, SOP redesign, and control strengthening

Own UAT, enhancements, and system releases

Continuous Improvement

Identify, initiate, and implement process improvement ideas. Leverage Continues Improvement tools or mindset to identify recurring issues and work towards Institutional Solution.

Governance, Collaboration & Capability Building

  • Ensure clear process documentation is in place, utilized and updated in timely manner.
  • Demonstrate Subject Matter Expertise in the process.
  • Support audit and control to ensure compliance with GMI and Sarbanes-Oxley requirements.
  • Develop strong relationships with business partners including other Mumbai support teams and Minneapolis headquarter teams.
  • Actively participate in team or site events/initiatives.
  • Mentor/ coach new team members.

< span>MINIMUM QUALIFICATIONS

Specific Job Experience or Skills Needed

  • Minimum Degree Requirements: Full Time Graduation from an accredited university (Mandatory)
  • Minimum years of related experience required: 5+ Years.
  • Strong knowledge of derivatives, valuation methodologies, and hedge accounting.
  • Advanced reconciliation, audit, and exposure analysis capability
  • Strong system expertise (UGS, TPT, SAP, advanced Excel / Power BI)
  • Proven ability to independently manage risk-critical hedge processes
  • Advanced MS Office computer skills preferred (i.e. Word, Excel, Access, Outlook)
  • Speaks, reads and writes English fluently
  • Ability to work in a team environment
Competencies/Behaviors required for job.
  • Delivers outstanding results: through critical thinking, communication, interpersonal effectiveness and business acumen
  • Risk ownership and governance mindset
  • Decision ownership and accountability
  • Business Process and Analytics: Understand the financial implication & business driver behind them
  • Business Partnership: Professional attitude in dealings with traders, treasury, and risk teams
  • Financial Acumen: Understands accounting practices and implications
  • Lead Innovation: Innovate/experiment with new approaches and shifts priority when necessary

PREFERRED QUALIFICATIONS

  • Preferred Major Area of Study: Finance & Accounts
  • Preferred years of related experience: 5-8 years
  • Preferred Professional Certifications: Hedging Operations & Commodity Markets


More Info

Job Type:
Function:
Employment Type:

About Company

In sourcing our oats, we seek out oat varieties that can better withstand heat and drought and are higher in beta glucan.

Job ID: 144190661