Title: Associate Director of Commodities
Salary : $150-165,000
A leading Food & Beverage company in Frisco, TX is looking for an Associate Director of Commodities to manage spend across all ingredient and raw material purchasing categories and commodity risk management.
The Associate Director of Procurement will be responsible for…
- Manage commodity spend across US manufacturing plants.
- Analyze supply markets, commodity and financial risk, and forecast prices of commodities using fundamental and technical analysis.
- Present to senior leadership and stakeholders reports of commodity markets, their risks, propose and execute risk management strategies and annual business plans.
- Manage and report on hedging activities, complying with company policies and industry regulations.
REQUIREMENTS:
- 7+ years of procurement, purchasing, sourcing or commodity management experience within the food & beverage industry.
- Experience with hedging, trading or risk management for food commodities.
- Experience in food manufacturing, production or agriculture.
- Bachelor's degree in Finance, Economics, Supply Chain or other business-related field required.
- Master's degree preferred. Professional certifications including CRM certification are a plus.
- Extensive knowledge on raw material/ingredient sourcing.
- Strong analytical skills and financial/commercial knowledge.