Director of Sourcing - Sugar

Location: 

Chicago, IL, US, 60654

At Barry Callebaut, we are on a journey to transform the cocoa and chocolate industry. As the world’s leading manufacturer of high-quality chocolate and cocoa products, our actions truly shape the future of our industry. We are a business-to-business company, serving the entire food sector, from the cocoa bean to the finest chocolate product. We are a company with a purpose, we believe in doing well by doing good and reinvesting in the communities we operate. We have a long-standing commitment to sustainability and our goal is to shape a sustainable cocoa and chocolate future. We are headquartered in Zurich, and have more than 11,000 passionate Employees working in more than 35 countries worldwide. We are very proud of who we are and what we do. And of course, we are always looking for talented people to help us have a positive impact on our industry and beyond!

POSITION TITLE: Director, Sourcing - Sugar Trading

REPORTING TO: Vice President Sourcing - Americas

LOCATION: Chicago, IL

SCOPE AND RESPONSIBILITIES:

Job Summary:

This role manages the strategic sourcing of sugar and other semi-finished products as well as the futures market risk position and physical sugar trading in the Americas. Have full EBIT responsibility for Sugar Sourcing in all plants for the Americas as well as third-party sugar trading activities within the region. Manage day-to-day operations related to the third-party business. You will participate, contribute, and lead the sugar sourcing categories to ensure smooth coordination and internal communication with other Barry Callebaut departments.

Essential Functions:

  • Manage the supply of sugar for all Barry Callebaut factories in the Americas
  • Lead the strategic buying of third-party semi-finished products and sugar
  • Intimate knowledge of Mexican sugar market and suppliers, including but not limited to the following: IMMEX vs. Local vs. Export, white premium, Swaps, pedimentos, estandard vs. refined, and SNIIM pricing
  • Actively trade futures for hedging and speculative purposes surrounding sugar
  • Manage the sugar sourcing position for the Americas within Group limits and controls
  • Price sugar components in chocolate in close collaboration with pricing team
  • Represent BC in sugar committees and actively network within the sugar industry
  • Provide market intelligence to chocolate and cocoa customers either through visits or conference calls
  • Coordinate purchases of sugar and semi-finished products with BC Sourcing trading desk
  • Regularly exchange market and supplier information with BC Sourcing trading desk
  • Liaise with BC Sourcing analyst team to provide them information on the sugar market in the Americas
  • Lead the team within SAP contract management, supplier shipment coordination, and accounts payable monitoring
  • Support new sugar supplier approvals/re-approvals, as well as maintain supplier documentation through SRM portal
  • Ensure supplier adherence to contract Terms and Conditions
  • Effectively manage working capital, sugar inventory levels, for the region within Group targets
  • Lead and ensure end-of-month activities are successfully executed in support of financial reporting
  • Assist with supply strategy development, project, and physical position management
  • Work in coordination with AP/AR departments to monitor and ensure payments to Trading Partner and receivables are executed timely
  • Lead a team of 3-5 employees in multiple locations
  • Perform other duties as required

JOB QUALIFICATIONS:

Education:

  • Bachelor’s Degree in Business, Economics, Supply Chain, Food Science or other relevant majors required.
  • Master’s Degree strongly preferred.

Work Experience:

  • At least 5 years of experience as a soft commodities trader specializing in sugar
  • 5 - 10 years of experience in Risk Management assessing and approving commodity trade transactions
  • At least 5 years of experience leading people

Additional Requirements:

  • Professional working proficiency in Spanish required
  • Excellent strategic thinking and negotiating skills
  • Ability to
    • Interact with a multidisciplinary team
    • Work in a fast-paced, ever-changing business
  • Strong analytical and organizational skills
  • Strong work ethic and integrity
  • Excellent verbal and written skills
  • Knowledge of Excel, Word, Windows, and SAP
  • Familiarity working in a matrix organization
  • Available for travel up to 25% - 30%

 

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

If you want to learn more about Barry Callebaut, please find further information here.


Nearest Major Market: Chicago

Job Segment: Manager, Accounts Payable, Risk Management, Supply, Strategic Sourcing, Management, Finance, Operations

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