What are we looking for?

• Price Risk Management (PRM) experience in petrochemical and industrial metal derivative markets.
• Computer programing preferred but not required. Will be responsible for scaling our data analytics capabilities in Commodity Price Risk Management.
• Can be an entrepreneur and build projects from the ground up, align stakeholders and execute.  
• Self-motivated, resilient, and excellent organization skills.
• Strong Analytical, Planning, Market Research and Trade Execution skills
• Strong attention to detail and excellent problem-solving skills. Strong written, verbal, and listening skills
• 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
• Can stand alone
• Demonstrated ability to be consistent, dependable, and accurate in carrying out responsibilities to a successful conclusion. 
• Ability to work independently and efficiently, with minimal supervision in a fast-paced environment.
• Forecast impact to P&L for multiple businesses and stakeholders including tracking variances to budget.

What will be your key responsibilities?

• Development and execution of derivative hedging for Pet Nutrition North America including futures, options, and OTC’s.
• Supporting business unit sourcing managers on forward fixed price contract execution, price forecasting and communication to senior management.
• Provide guidance on which indexes to use in supply agreements to assist buyers in the development of price/cost models where appropriate with integrated suppliers.
• Cash impact models of commodity hedging strategies including Mark to market, Maintenance margins, etc.
• Perform correlation and regression market analysis if direct hedging relationships are unattainable.
• Innovate risk management tools to enhance and improve costs and margins.
• Analyze supplier and economic markets; identify and manage market risks and opportunities, review competitive insights.
• Identify and implement novel and creative means for reducing costs or otherwise improving total value for money.  This includes networking within the Mars Global Commercial community for best practices & ideas for reapplication.
• Collaborate with all Mars NA units and cross functional stakeholder to deliver an annual value improvement target of 4-5% of the total spend
• Compliance, reporting and other duties
  • Ensure full compliance with the Mars Inc. Commodity Price Risk Management Framework and Business Unit Hedging Policy
  • Ensure full compliance with Procurement Policy and Conduct Policy
  • Ensure full compliance with any other internal guidelines and external regulations
  • Ensure full compliance and support to all on social, environmental and sustainability projects
• Development of hedging strategies to mitigate market inflation and providing accurate cost forecasts.
• Development of hedging strategies that are based on fundamental economic analysis and implement within the context of tolerance for risk at the Business Unit
• Deliver finance excellence through cash initiatives such as OTC > Futures conversion strategies
• Excellent interpersonal and communication skills; both verbal and written including the ability to communicate effectively with all levels of the organization.
• Influence others not in direct span of control.
• Effectively manage relationships with all internal and external stakeholders; develop and maintain processes for integrating external ideas into the business

What can you expect from Mars?

• Work with over 130,000 like-minded and talented Associates, all guided by The Five Principles.
• Join a purpose driven company, where we’re striving to build the world we want tomorrow, today.
• Best-in-class learning and development support from day one, including access to our in-house Mars University.
• An industry competitive salary and benefits package, including company bonus.

About Mars:
Mars is a family-owned business with more than $35 billion in global sales. We produce some of the world’s best-loved brands: M&M’s®, SNICKERS®, TWIX®, MILKY WAY®, DOVE®, PEDIGREE®, ROYAL CANIN®, WHISKAS®, EXTRA®, ORBIT®, 5â„¢, SKITTLES®, BEN’S ORIGINAL® and COCOAVIA®. Alongside our consumer brands, we proudly take care of half of the world’s pets through our nutrition, health and services businesses such as Banfield Pet Hospitalsâ„¢, BluePearl®, Linnaeus, AniCura, VCAâ„¢ and Pet Partnersâ„¢. Headquartered in McLean, VA, Mars operates in more than 80 countries. The Mars Five Principles – Quality, Responsibility, Mutuality, Efficiency and Freedom – inspire our 130,000 Associates into taking action every day towards creating the world we want tomorrow.

Disclaimer:
Mars is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law. If you need assistance or an accommodation during the application process because of a disability, it is available upon request. The company is pleased to provide such assistance, and no applicant will be penalized as a result of such a request.​​​​​​​

Note to Search Firms/Agencies:
Mars, Incorporated and its subsidiaries and affiliates (Mars) do not compensate search firms for unsolicited assistance unless they have a written search agreement with Mars and the requisition is position-specific.  Any resumes, curriculum vitae, and other unsolicited assistance from search firms that do not have a written search agreement or position-specific requisition submitted to any Associate of Mars will be deemed the sole property of Mars and no fee will be paid in the event the candidate is hired by Mars.