Commodity Analysis Manager

For well over a century, Nestle has been making the very best food and beverage products for families around the world. In the U.S., Nestle's well-known brands include: Nestle Toll House, Nestle Nesquik(tm), Nestle Carnation Coffee-mate, Stouffer's, Stouffer's Lean Cuisine, Nescafe, Libby's Juicy Juice, Buitoni, Taster's Choice, PowerBar, Nestle Crunch, Nestle Butterfinger, Wonka, Friskies Fancy Feast, ALPO, and Mighty Dog. For the eighth consecutive year, Nestle USA was named 'Most Admired Food Company in America' by Fortune magazine. Nestle in the USA is comprised of the following: Brands Company (including Beverage Division, Confections & Snacks Division, Foreign Trade Division and the Sales Division), Nestle Prepared Foods Company, Buitoni North America, Nestle Nutrition, Nestle Purina PetCare Company and Nestle Business Services. Within each company, there are functional support groups to produce, market and deliver quality brands and products to our consumer. Headquartered in Glendale, Calif., Nestle USA has 21,000 employees, $12.5 billion in sales with 51 manufacturing facilities, 5 distribution centers and 59 sales offices across the country. For more information, visit us at www.nestleusa.com EOE/MFDV Nestle is an 'Equal Opportunity Employer' and is looking for diversity in candidates in employment. POSITION SUMMARY:This leadership position provides strategic long-term financial guidance and champions or creates a vision for change. This person will partner with the strategic business unit/function to maximize performance throughout the organization. Provides leadership in actively coaching and developing team members. Ensures cross-functional team compliance with internal, external and operational audit requirements.This position is responsible for establishing, promoting and proactively enhancing business processes and championing a culture of business excellence. Key areas of responsibility include project management, decision support and financial analysis, planning and reporting. This position will partner will Purchasing to help forecast and report raw material and packaging material price movements for all parts of the organization including NUSA, Nutrition, Dreyers and Nestle Waters. In addition, this position will assist Global NBS in broadening the scope and control of key raw material throughout all of Nestle worldwide.PRIMARY RESPONSIBILITIESPosition responsibilities which are subject to change, include but are not limited to, the following:Oversee the Commodity Purchasing groups trading of Futures and Options for key raw and packaging material to ensure that there are proper controls are maintained in accordance with Nestle Accounting Standards (NAS) and International Accounting Standards (IAS39). Managing the operations of Commodities Finance group:* Risk Management:1) Reporting risk position (priced cover and futures/options) by business unit.2) Monitoring margin account balances.3) Audit of daily trading activities.4) Reporting realized and unrealized futures and options gains/ losses.5) Ensure that buying practices conform to purchasing policies set by management.6) Key raw material circuit breaker reporting.* Reporting and Analysis:1) Monthly Magnitude reporting-Key Raw Materials.2) Work with buyers to prepare forecast of commodity costs and other market projections.3) Assist business units in pricing decisions and budget preparation.* Systems1) Maintenance of existing NCPS commodities system.2) Assist in developing and implementing system enhancements or new system applications.* Vendor/Supplier Relations:1) Ensure timely processing and payment of vendor invoices-Key commodities.2) Work with Purchasing to seek out and take advantage of opportunities to reduce price, improve efficiencies in work processes and increase value to Nestlé.* Other projects as required. BASIC/ESSENTIAL REQUIREMENTS:* BA/BS with major or minor in Accounting or Finance, or BA/BS degree with coursework up to and including intermediate accounting * Minimum of 6 years experience in Accounting/Finance * Must be willing to travel approximately 10%PREFERRED QUALIFICATIONS* CPA, MBA* Previous management/supervisory experience* Futures and Options experience is a plus* Proven Customer Focus* Willingness to relocate for career advancementSTRONGLY PREFERRED TECHNICAL SKILLS* Extensive knowledge of US Generally Accepted Accounting Standards (US GAAP) or International Accounting Standards (IAS) assumptions, principles and constraints (i.e. economic equity, going concern, monetary unit, periodic reporting, historical cost, revenue recognition, matching, full disclosure, cost-benefit relationship, materiality, and conservatism)* Demonstrated ability to design financial and non-financial measurements and key performance indicators (KPI's) that drive improved business performance* Proven application of the principles of cost accounting and activity-based costing* Strong strategic planning skills * Advanced knowledge of financial concepts and principles including cash flow, NPV, IRR, ROI, and Economic Profit * Proven ability to manage multiple projects simultaneously* Proven ability to identify and implement business process improvements that drive improved performance and profitability* Nestlé Accounting Standards (NAS)-for internal candidates* Computer skills: MS Windows including intermediate Excel, Word, and PowerPoint; basic Access, and working knowledge of SAP or the equivalentPREFERRED PROFESSIONAL SKILLSDemonstrates leadership skills by:* Motivating, inspiring and persuading others to take action* Creating a compelling vision for change* Championing change and practicing what he(she) preachesDemonstrated ability to:* Make informed decisions under conditions of uncertainty* Manage/organize time, information, and resources effectively in order to meet deadlines and respond to requests on a timely basis; multi-task* Set performance objectives and quality standards for the team to maximize business results* Negotiate with and influence others* Think creatively* Leverage best practices* Prepare and deliver meaningful and concise presentations* Effectively communicate with senior management and diverse stakeholders* Collaborate with others to build career development plans that are mutually beneficial to individual and Finance Organization goals* Build and maintain relationships to train, coach, motivate and reinforce performance to achieve business goals* Apply expert knowledge of financial and accounting principles to the business and exhibit business acumen* Synthesize and analyze information with high degree of reliability, attention to detail and efficiency* Apply good judgment and professional integrity in decision-making RESPOND HERE! Respond immediately by accessing the following dedicated online response form which will allow you to cut and paste your resume. This form will go directly and immediately to the hiring authority for this position. Access the online response form at: http://sh.webhire.com/servlet/resp/rf?jobid=2244808&boardid=749