Manager Procurement - Commodities and Risk Management

Job Description

• Manage strategy development, deployment, and strategic planning for Agricultural Commodity ingredients and inputs.
• Lead the development of long-term strategies (including physical commodity sourcing and financial risk strategies, supplier management strategy, and S2P strategy) to meet regional and global business expectations.
• Manage alignment and deployment of global strategies and financial plans.
• Identify and manage connectivity of the Spend Tower with functional stakeholders, suppliers, and internal procurement teams.
• Manage stakeholder engagement and alignment throughout the end-to-end sourcing process.
• Develop risk mitigation and margin enhancement strategies and recommendations for purchased commodities.
• Calculate commodity exposure using cost models and stress tests for forecasted raw material purchases, oversee underlying risk exposure and monitoring process through various reconciliations.
• Create and maintain reports for category and market risk, trade activities, compliance documentation, and develop sensitivity dashboards including open volume impact on cost of goods sold.
• Ensure standardization of processes and tools in coordination with other Spend Towers.
• Coordinate delivery of assigned regional and global KPI’s.
• Be a point person responsible and accountable for delivery of goals for commodity procurement.
• Collect, manage, and report external market intelligence. Provide insights and report on commodity performance, trends, and forecasts.
• Monitor market dynamics and make coverage recommendations to optimize value in commodity markets. Analyze trends in commodity markets.
• Maintain physical and financial commodities positions in compliance with Commodity Risk Policy
• Other duties and responsibilities may be required and / or assigned as necessary.

Basic & Preferred Qualifications

Leadership Competencies :

Functional Competencies :

Industry-Competitive Benefits

Coupled with our compensation and bonus incentive programs, our benefits deliver rewards that are market competitive.  Some of the most attractive elements of our benefit programs include :

Health Insurance Benefits - Medical, Dental, Vision

Flexible Spending Accounts for Health and Dependent Care, and Health Reimbursement Accounts

Well-being programs including companywide events and a wellness incentive program

Paid Time Off

Financial Wellness – Industry leading 401(k) plan with generous company contributions, Financial Planning Services, Employee Stock purchase program, and Health Savings Accounts, Life and Accident insurance

Family-Friendly Employee events

Employee Assistance Program services – mental health and other concierge type services

Benefits may vary based on location, job role / level, job status, and / or the terms of any applicable collective bargaining agreements.

Job Requisition ID : Req-256772

Time Type : Full time

Anticipated Close Date : 03 / 28 / 2025