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Commodity Manager
2 months ago
We are seeking a highly experienced and skilled Commodity Manager to join our team at Wilmar. As a key member of our organization, you will be responsible for managing the physical supply of raw sugar to our refineries, including contract negotiation, freight management, and execution of shipping and delivery programs.
Key Responsibilities- Manage the raw sugar supply chain, including contract negotiation, freight management, and execution of shipping and delivery programs.
- Develop and maintain contract terms and conditions for raw sugar contracts, freight contracts, and relevant pricing terms within refined sugar contracts.
- Execute raw sugar and freight contracts to ensure value is maximized along the supply chain and to ensure timely physical supply to refineries within agreed quality and cost parameters and target inventory levels.
- Work proactively with the Sales Team to communicate and coordinate the setting of raw sugar oncost rates with customers.
- Provide sugar and FX market information to sales staff and customers via regular market reports, customer visits, and daily interaction with Sales staff.
- Develop and execute price risk management strategies for retail, BIBO, Net Short Futures rolling (spreads), and other trading positions.
- Manage the financial performance of the Commodity risk management area, including futures and foreign exchange P&L, raw sugar oncosts.
- Play a leadership role across the Extended Leadership Team in a cross-functional capacity.
- Source, develop, coach, and retain talent in the Commodity team.
- Relevant tertiary qualification in a business-related discipline, e.g., Finance, Agriculture.
- Minimum of 15 years' work history of risk management and commodity trading, with experience in leading and managing a commodity trading/treasury/risk team.
- Minimum of 10 years' experience in the commodities industry.
- Collaborative.
- Solution-focused.
- Think creatively.
Wilmar is a leading agribusiness company with a presence in over 90 countries. We are committed to providing high-quality products and services to our customers while promoting sustainable practices and responsible business operations.
We offer a competitive salary package, onsite parking, and hybrid working (if applicable), annual bonus program, access to an EAP provider, an annual achievement plan, and access to our product library for those passionate bakers at heart.
We are an equal opportunity employer and we encourage applications from people regardless of gender, ethnicity, or religious beliefs. We are an Employer of Choice for Gender Equality (WGEA).
