Function: Global Procurement

(Sub)department: Commodity Price Risk Management (CPRM)

Job purpose: Manage the cover strategy and reporting for the Heineken commodity agriculture portfolio

Reports to: Commodity Risk Management Director

Direct Reports: None

Roles & responsibilities

1. Responsibility (scope): Set the strategy to manage commodity price risk across the agriculture portfolio with the use of own title hedging derivatives and supplier fixations.

2. Responsibility (nature of work): Analyse financial markets using fundamental and technical analysis to make hedging decisions staying within policy limits.

3. Responsibility (budget): Manages an annual global commodity spend of €900m across barley, corn and sugar markets.

4. Responsibility (Position management and influencer reporting): Execute all trades (physical and financial) with suppliers and banks. Report on YoY price moves with accuracy for key reporting periods during the year (SP/ AP/ ICG).

5. Role (reporting): Own month end reporting MTM (Mark to Market) valuations and hedge accounting documentation. Ensure adherence of all commodity positions according to Commodity Price Risk Policy.

6. Role (communication): Take ownership of all aspects of communication from the CPRM function. This includes the quarterly Podcast, weekly communications and quarterly financial markets assessment.

Experience & profile (what & how)

What:

• Education: University Degree in a business, financial, commercial, economic or technical discipline

• Work experience: 5 - 10 years in commodities.

• Required work experience in field of expertise: Experience in commodity risk management in either and FMCG or trading environment.

• Other fields of expertise: Supply chain knowledge of converting a raw material into a value-added product.

• Functional skills: Experience with IT systems, Microsoft Office, knowledge of industry trends

• Languages: Fluent English required – additional European languages an advantage

How:

• Key Leadership expectations: Develop, connect, shape & deliver using the HEINEKEN behaviors.

• Communication skills: Manages relationships with senior stakeholders on a strategic business partner level.

• Other skills: Strong leadership and people management skills to ensure the best delivery of the business solutions. Ability to drive change & continuous improvement in a decentralized environment to successfully deliver strategic multi-country projects.

Location:

This role will be based in Amsterdam