Commodity Hedging Specialist

Company: Jobot
Location: Turlock
Posted on: September 21, 2023

Job Description:

Price Analyst // Commodities // 100% Medical PAID!This Jobot Job is hosted by: Nicki GarciaAre you a fit? Easy Apply now by clicking the "Apply" button and sending us your resume.Salary: $75,000 - $90,000 per yearA bit about us:We are an example of what happens when you combine multiple families who have to same dream, and execute that idea. Together we have built one of the industries leading technologies for the ag and dairy industry. We hope to continue to break barriers and improve the science that helps put food on your table. As a Procurement Coordinator you would bee the gatekeeper of all plant purchasing for materials, repairs, and operations. With the companies 20MM+ dollar expansion this means tons of opportunity to shine! As the Procurement Coordinator you will be given the opportunity to select and negotiate with current and new vendors for products and parts, while managing the selection criteria. This is a great way to prove yourself and make your way into more challenging roles in the organization. What most people love about our organization is that we are always adding and changing our product line up as well as improving the work environment and programming available to staff. We pride ourselves in being the best in this business and hope to add people to the team who love food and ag and would like to be a part of something truly remarkable.Why join us?Free LunchesOvertime availableGrowth opportunitiesReports into the Accounting TeamFamily Benefits for under $400 per month!Above average compensationJob DetailsWe are seeking a highly skilled and motivated Commodity Hedging Specialist to join our team. The successful candidate will be responsible for monitoring and analyzing commodity markets, identifying hedging opportunities, and executing trades to manage price risk. This is a full-time position with competitive compensation and benefits.Responsibilities:

• Conduct market research and monitor CME prices to identify trends and opportunities for hedging.
• Analyze supply and demand curves to forecast future prices and develop hedging strategies.
• Execute trades to manage price risk and ensure that the company's commodity positions are appropriately hedged.
• Provide ad hoc reporting and analysis to support decision-making and risk management.
• Update unit pricing and maintain accurate records of hedging activities.
• Utilize VLOOKUPS, Pivot Tables, and HLOOKUPS to analyze data and create reports.
• Perform risk analysis to evaluate the effectiveness of hedging strategies and identify areas for improvement.
• Collaborate with internal teams to ensure that hedging activities align with overall business objectives.
• Stay up-to-date with industry trends and regulatory requirements related to commodity trading and hedging.Qualifications:
  • Bachelor's degree in finance, economics, or a related field.
  • 2+ years of experience in commodity trading, hedging, or risk management.
  • Strong analytical skills and the ability to perform complex price analysis and forecasting.
  • Proficiency in Excel, including VLOOKUPS, Pivot Tables, and HLOOKUPS.
  • Knowledge of supply and demand curves and their impact on commodity prices.
  • Familiarity with CME markets and trading platforms.
  • Excellent communication skills and the ability to collaborate with internal and external stakeholders.
  • Strong attention to detail and the ability to manage multiple tasks simultaneously.
  • Ability to work independently and make sound decisions in a fast-paced environment.If you are a results-driven individual with a passion for commodity trading and hedging, we encourage you to apply for this exciting opportunity. We offer a dynamic work environment, competitive compensation, and opportunities for professional growth and development.Interested in hearing more? Easy Apply now by clicking the "Apply" button.

Keywords: Jobot, Turlock , Commodity Hedging Specialist, Accounting, Auditing , Turlock, California