Global Group Lead, Commodity Risk Management - Packaging and Energy
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Job Description Our Company The Kraft Heinz Company is revolutionizing the food industry - we will be the most profitable food company powered by the most talented people with unwavering commitment to our communities, leading brands and highest product quality in every category in which we compete. As a global food and beverage powerhouse, Kraft Heinz represents over $25 billion in revenue and is the 3rd largest food and beverage company in North America and 5th largest in the world. At Kraft Heinz, to be the BEST food company, growing a BETTER world is more than a dream - it is our GLOBAL VISION. To be the best, we want the best - best brands, best practices and, most importantly, the best people. Owners Only! This is a role for someone who craves a global challenge balanced by the desire to be accountable for delivering a best practice model in the Global Center of Excellence at Kraft Heinz. It is both a strategic and a tactical position. Those that do not want to get their hands dirty or build out a function without buying pre-packaged solutions should not apply. Global Group Lead, Commodity Risk Management -Packaging and Energy at a glance ... Reporting to the Global Head of Commodity Risk Management, the Global Group Lead is responsible for ~1.5-2 billion USD global spend. The categories are complex and volatile from a Global Supply Chain and Price Risk Management perspective. The individual in this position should be a commodity risk management expert, with a strong background in leading and developing strong teams, with a demonstrated capability to develop a holistic global price risk management strategy for multiple categories. The individual should drive and challenge the team to reach targets and provide solid advice on all related markets and supply issues to senior leadership. Key Ingredients: Develop and lead a high performing team of risk managers managing Packaging and Energy commodity portfolios, and support the function with best in class Market Insights, Research and Compliance. Oversight of and responsibility for the Global Commodity Risk Management program for assigned portfolio utilizing a hybrid of physical and financial instruments including futures, forward contracts, physical inventory, forecasting and communication to senior management. Design and implement effective short, mid, and long-term hedging strategies balancing external market drivers with internal goals and objectives of each business unit, and provide advanced risk analytics, market guidance and performance metrics to both regional and global business leaders. Coordinate strategy alignment throughout all the stakeholders in the Zone, gain approvals and document approved strategies for internal auditing. Coach and develop the team to manage price inflation and deflation focusing on both upside and downside market risks and contribute to their skills, development, and career planning. Lead weekly, bi-weekly, and monthly stakeholder alignment meetings to inform the zones and Global Procurement leaders of all Commodity positions, market outlooks and strategies. Utilize Zero Based Budgeting to justify cost and operate in a lean manner to maximize operating efficiency and speed of execution. Compliance, reporting and other duties: Ensure full compliance with the Kraft Heinz Global Commodity Risk Management and Hedging Policy Ensure full compliance with other Kraft Heinz policies including Procurement Policy and Code of Conduct Policy Ensure full compliance with any other internal guidelines and external regulations Ensure full compliance and support to all Kraft Heinz on social, environmental and sustainability projects Other projects and duties assigned by Kraft Heinz Management Recipe for Success: Apply if this sounds like you! Minimum Bachelor's degree required, master's degree preferred in a related field. At least 7 years of extensive Commodity Risk Management experience within a leading global CPG. Ability to effectively negotiate and influence business decisions and change. Can effectively articulate various perspectives and impacts of issues and project them into the future. Able to see all sides and the inherent value to stakeholders. Effective at establishing trust and building effective business relationships and getting things done through others. Organizational Agility - knows how to get things done both through formal and informal channels. Priority Setting - Spends his/ her time and the time of others on what's most important. Eliminates roadblocks and creates focus. Can be forceful and direct as well as diplomatic. Anticipates and adjusts for problems and obstacles. Strong written, verbal, and listening skills. Strong Analytical, Planning and Execution skills. High results-orientation. Location(s) Amsterdam Kraft Heinz is an Equal Opportunity Employer - Underrepresented Ethnic Minority Groups/Women/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity and other pro