Intern

COFCO • Richmond, VA

2d

About The Position

The Intern will support the launch of COFCO International’s cotton business in Australia. The role provides business and operational support across accounting, finance, treasury, position and profit-and-loss monitoring, credit controls, reconciliations, month-end activities, and transfer pricing preparation. The intern will also provide other support required by the cotton business and operations team.

Responsibilities

• Record cotton business transactions in the books.
• Handle accounts payable and accounts receivable for the cotton business.
• Allocate costs to the cotton business.
• Track daily profit-and-loss movements for the cotton business.
• Arrange funding, including intercompany and local bank loans, and allocate interest to the cotton business.
• Assist with checks of cotton business position movements.
• Onboard new cotton counterparties in MDG.
• Support the treasury team’s call-back process.
• Monitor credit limit usage.
• Assist with reconciling position and profit-and-loss differences with the cotton operations team in Singapore.
• Perform intercompany reconciliations for cotton.
• Provide support for cotton business month-end activities.
• Assist in preparing cotton transfer pricing.
• Provide other support needed by the cotton business and operations team.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: No Education Listed