Gunvor Reviews

3.9

68% would recommend to a friend

(92 total reviews)
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Torbjörn Törnqvist

82% approve of CEO

74% positive business outlook

Gunvor has an employee rating of 3.9 out of 5 stars, based on 92 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Gunvor employee rating is in line with the average (within 1 standard deviation) for employers within the Energy, mining, utilities industry (3.7 stars).

Reviews by job title

92 reviews
1.0
21 Nov 2020
Recommend
CEO approval
Business outlook

Pros

Good health insurance and PTO - you start off with 4 weeks.

Cons

Extensive working hours (especially during Close) was promoted, if not enforced in the back office led by the Controller. The Controller is from out-of-state so had plenty of time to work around the clock and had that expectation from the accounting team as well. Unprofessional banter, rude comments, and gossip heard through the open office floor. HR is aware of back office culture, but no improvements or management training was ever implemented. Several great analysts with good background in trading left around the same time. So much potential for that company wasted due to poor leadership and management. Outdated systems - lots of manual data entry comparing two accounting systems to consolidate accounting reports. No structure, nor training. Made it difficult for entire department to achieve monthly initiatives and meet deadlines. Front office culture is run differently.

2.0
1 Dec 2021

Great company as long as you Stay away from any back office roles

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Back office is pretty much a retirement community full of Koch “has- beens” who refuse to change their ways. They do not welcome any innovation or new way of doing things. The comptroller has free reign of the place and does whatever with no consequences. HR is completely aware but doesn’t do anything about it or cannot do anything about it, not sure which one it is. Comptroller keeps hiring all past retired friends with no infusion of young ambition into the place. There is no acceptance of new ideas because “that’s how we did it at Koch in the 1800s”. And that’s how it will be done until all the back office is forced to retire.

Cons

Gunvor back office is NOT the place to be if you are young and innovative and looking to join an ambitious team. Instead of being excited about your skill set you will be put on the back burner because the Koch “has beens” are too scared that you will take away their job. The CFO and Comptroller have an extreme silo mentality and isolate the back office team from the rest of the groups and run it like a private Gunvor within Gunvor and do whatever they can to CYA when Geneva rings the phone. They let Geneva know that things are run perfectly in the US office while the train wreck of the back office keeps barreling down the tracks. Plus there are no coworkers that you would have anything in common with if you are ambitious and in your 20s-40s - just being honest. They will say whatever it takes to bring you onboard and once you are there you will be bored out of your mind in the retirement community and their constant urge to hold on to their “faded glory” and jobs that you will leave eventually for a younger team. The front office management is completely aware of this but doesn’t really care as it is the “back office” and as long as the coal is being shoveled. They actually don’t even like the CFO but have to tolerate the comptroller and CFO jokers. Front office is actually the place to be and is run by younger managers that recruit younger ambitious crowd who are given a chance to pump fresh ideas into Gunvor. There is a lot of manual work but it’s the same case at every oil and gas. Don’t make the mistake of entering the back office in any role, you will degress in your career and mentally feel 40 years older because of the “ancients” you are surrounded with, unless that is what you want…it is not a place for YOUNG professionals

1.0
14 Sept 2020
Recommend
CEO approval
Business outlook

Pros

Good location of the office

Cons

Business processes not defined Talking behind colleagues' back Local management has no control over the flow of things Company has no clear vision for the future, companies values are vague New colleagues are not mentored, but rather 'thrown into water and checked once in a while if they're still floating' Terrible work-life balance (expect to work at evenings and nights) Upper management (Geneva) treats employees as naughty children

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Glassdoor has 122 Gunvor reviews submitted anonymously by Gunvor employees. Read employee reviews and ratings on Glassdoor to decide if Gunvor is right for you.