At a Glance
- Tasks: Lead global procurement strategies for financial hedging in a dynamic confectionery business.
- Company: Join a fast-growing global biscuits and confectionery brand committed to quality and innovation.
- Benefits: Competitive salary, diverse work culture, and opportunities for professional growth.
- Other info: Work in a collaborative environment with a focus on sustainability and innovation.
- Why this job: Make a real impact in a role that combines strategy with hands-on trading experience.
- Qualifications: Graduate degree with 5+ years in risk management and commodity markets.
The predicted salary is between 63000 - 77000 £ per year.
Want to help us bring happiness to the world? Want to join an ambitious and fast growing global biscuits and confectionery business investing heavily in iconic global brands, infrastructure and people? Then this is the place for you. As proud bakers and chocolatiers and custodians of iconic global brands, we don’t compromise on the quality of ingredients in our products or on the people we hire. We are looking for entrepreneurial spirits who share our passion for bringing happiness to our consumers and who embody our Winning Traits. To succeed at pladis you need to be purpose-led, resilient and positive because we expect pace and agility, insist on collaboration and demand accountability. If that is your thing, then pladis offers global ambition, a clear Vision and roadmap for success, challenge, and unrivalled opportunities to learn and make an impact.
The Team: The Procurement team is made of 110 professionals working across the world to create competitive advantage for pladis through mid-term sourcing strategies and strong supplier relationships. Our 2025 Procurement vision aims at delivering more value for the business along 5 key business deliverables: Supply Continuity, Cost Out, Cash Flow optimization, Sustainability and Supplier Innovation. We work as a matrix organization, with Global Categories leveraging the pladis global size and Local Procurement ensuring a strong connection and proximity with our 5 regions (UK & Ireland, Western Europe & Emerging markets, Middle East – North Africa – India, Turkey – Eastern Europe – Central Asia, and North America).
The Role: The role holder of Global Procurement Head for Financial Hedging reports directly to the Raw Materials Categories Lead, who in turn reports into the CPO. Primary purpose is to be the Leader of the strategy and implementation of Commodity Price Risk Management framework, for £1bn of spend across multiple categories ranging from Cocoa, Wheat, Fats & Oils, Sugar, Dairy, Diesel, Energy to Packaging.
- Responsible for monitoring exchange traded commodity markets on a real time basis in order to execute against the approved trading strategies and CPRM policy.
- Is an authorised trader for hedging wheat, cocoa, gas and power, diesel and palm oil markets via financial instruments (Futures, SWAPS, Options, Structured Products).
- Responsible for maintaining the commodities Futures & Swaps trading book on a daily basis, so as to be able to have a view in real time of the company’s exposure.
- Work closely with Treasury and Finance to report futures purchases, hedge gains & losses and cashflow impacts from hedging activities.
- Keep treasury appraised of currency requirements.
- Responsible for utilising Technical Analysis, Econometrics and Regression Modelling to analyse past market price movements, and provide Global Lead for CPRM with a view of market direction and price forecast.
- Monitoring the global macroeconomic environment for issues that could have repercussions for commodity prices.
- Propose timely risk management strategies for key exchange traded commodities to Global Lead for CPRM on a monthly basis, and support with obtaining approval at the Procurement Board.
- Work with global and regional procurement teams to maintain a Financial Dashboard for key commodities purchases & PPV across all clusters.
- Work closely with commercial teams, to support them with market insights that will help them justify pricing proposals to retail customers.
- Take the lead in AOP price setting process for exchange traded commodities across all clusters.
- Support Global Lead for Raw Materials in continuing to evolve the risk management tool kit.
- Support the Research & Insights Manager with fundamentals research into the key commodities.
Education, Qualifications and Experience:
- Graduate qualification, Masters desirable.
- Market interest, Technical analysis, fundamental analysis and hedging tool knowledge.
- Knowledge of commodity markets, risk management, forward buying, spot market transactions, exchange rates & tax implications.
- Understands the principles of price risk management, supply risk & cost minimisation.
- Experience in trading financial derivatives, Futures & Options, SWAPS.
- A minimum of 5 years, with a proven success in risk management at regional or global level, in a worldwide organization.
- Procurement experience preferably within the food ingredients arena.
- Ability to deal with ambiguity within a complex and multicultural environment.
- Proven ability to work with cross-functional teams, with a collaborative mindset.
- Natural leadership & influence skills.
- Strong analytical skills.
- Ability to be hands on operationally as well as building a long term strategic vision.
- English is a must, proficiency in another language is desirable.
- Previous work experience in matrix procurement organization.
- Advanced Excel & Power Point skills.
- Available to work in Chiswick 3 days a week / travel on request to suppliers.
pladis is an Equal Opportunity Employer, committed to hiring a diverse workforce. All openings will be filled based on qualifications without regard to race, color, sex, sexual orientation, gender identity, national origin, marital status, veteran status, disability, age, religion or any other classification protected by law. We operate a strict Preferred Supplier List.
Global Head of Procurement for Financial Hedging in London employer: pladis Global
At pladis Global, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the fast-paced food manufacturing sector. Our employees benefit from comprehensive training and development opportunities, ensuring personal and professional growth while working in a supportive environment that values safety and efficiency. Located in Aintree, our team enjoys the unique advantage of contributing to a vital supply chain, with a focus on stock integrity and operational excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Global Head of Procurement for Financial Hedging in London
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like pladis Global.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Global Head of Procurement for Financial Hedging in London
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to pladis Global:Your cover letter should read like you’re chatting directly to pladis Global. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like pladis Global.
How to prepare for a job interview at pladis Global
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at pladis Global!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at pladis Global. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into pladis Global's culture.
