Associate Manager, Commodity Market Insights

1 month ago


Minneapolis, Minnesota, United States General Mills, Inc Full time

The Associate Manager, Global Commodities Insights is responsible for building best-in-class macro and commodity market intelligence for use across General Mills' Sourcing teams and global businesses. This role will work with the Sourcing Team for categories which could include grains, oilseeds, dairy, or animal proteins, providing market analysis and insights that contribute to our derivative and cash contracting strategy development. The Associate Manager, Global Commodities Market Insights will also support activities such as macroeconomic analysis and condition updates, monthly business communications and preparation for quarterly earnings call releases. The position reports into the Global Market Insights and Risk Manager.

ACCOUNTABILITIES

Market Analysis:

  • Analyze, interpret, and forecast markets within covered categories
  • Conduct category market analysis including fundamentals (supply/demand) and price forecasting
  • Collaborate closely with three other analysts on the team; Bring thought leadership and independent analysis to the team's market discussions


Coverage Strategies and Decision Support:

  • Effectively communicate category insights to key stakeholders to drive Sourcing and Portfolio strategy
  • Support the assumptions for Sourcing's monthly COGS estimation process by highlighting key market risks and opportunities
  • Provide market strip data to category teams for key financial processes including inflation guidance and annual budget cycles
  • Understand key cost drivers of the key global categories and how the underlying commodity dynamics influence total cost management
  • Summarize market indicators into insights for executive/C-suite level communications


External Perspective:

  • Interface with a variety of internal and external stakeholders to build a category intelligence network that integrates published data sources at the global and regional levels with 'on the ground' insights from suppliers and other industry participants including brokers, distributors, analysts, etc.
  • Integrate data analytics from external market information providers (Bloomberg, Data Monitor, etc.)

MINIMUM QUALIFICATIONS

  • Bachelor's degree in Supply Chain Management, Business, Economics, Mathematics, or Data Science
  • 5+ years of commodity and/or macroeconomic analysis
  • Experience in commodity market analysis and/or procurement
  • Succinct, clear synthesis of analysis into summary level insights to drive business decisions
  • Independent thinker and healthy debater
  • Financial acumen across markets, category cost models, and macroeconomic indicators

PREFERRED QUALIFICATIONS

  • Risk Management experience (hedging / use of financial derivatives)
  • Experience forecasting key macroeconomic indicators
  • Proven track record of influencing teams with data-supported insights
  • Food industry/CPG experience
COMPANY OVERVIEW

We exist to make food the world loves. But we do more than that. Our company is a place that prioritizes being a force for good, a place to expand learning, explore new perspectives and reimagine new possibilities, every day. We look for people who want to bring their best - bold thinkers with big hearts who challenge one other and grow together. Because becoming the undisputed leader in food means surrounding ourselves with people who are hungry for what's next.

Salary Range



The salary range for this position is $ $ / Annually. At General Mills we strive for each employee's pay at any point in their career to reflect their experiences performance and skills for their current role. The salary range for this role represents the numerous factors considered in the hiring decisions including, but not limited to, educations, skills, work experience, certifications, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range. Beyond base salary, General Mills offers a competitive Total Rewards package focusing on your overall well-being. We are proud to offer a foundation of health benefits, retirement and financial wellbeing, time off programs, wellbeing support and perks. Benefits may vary by role, country, region, union status, and other employment status factors. You may also be eligible to participate in an annual incentive program. An incentive award, if any, depends on various factors, including, individual and organizational performance.

General Mills is an Equal Employment Opportunity Employer. Women, minorities, veterans and individuals with disabilities are encouraged to apply to any General Mills employment opportunities.

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