Global Commodities Analyst

Mars · Other US Location

Company

Mars

Location

Other US Location

Type

Full Time

Job Description

Job Description:

Accountable for providing guidance, counsel, insights and analysis on commodities hedging P&L to ensure high quality decision making and a strong controls environment. Responsibilities include governance and control, reporting, analysis and planning of commercial commodities demand, commodities hedging gains & losses, and forecasting P&L impact for a global group of Commodities that are part of the hedging portfolio.

What are we looking for?

  • Bachelors Degree - Finance, Accounting, Economics, Business administration or similar.
  • Minimum 5+ years accounting experience.
  • Understanding of general accounting concepts; knowledge of debits/credits, assets/liabilities, Balance Sheet and P&L. Strong mathematical and analytical skills including the ability to interpret financial information.
  • Good communication and interpersonal skills with an attitude high in customer service.
  • Advanced Microsoft Office skills including Excel Word, Power Point.
  • Familiar with digital tools such as Microsoft Power Apps, Power BI, Alteryx.

What will be your key responsibilities?

  • Partners with Commercial on the information needed to forecast hedging gains and losses, provides needed information across functions for planning and budget setting purposes. Demonstrate leadership and provide a point of contact for KPI and financial reporting requirements and period close functions.
  • Responsible for using insights derived from understanding of the commodity risk management process to support ensuring a high quality and robust controls environment is in place over all activity.
  • Responsible for answering ad-hoc queries to enable full understanding at a unit level of commodity results throughout the year. This involves explaining complex topics like direct accounting, commodity price risk management and derivative hedging to associates across business units in a clear and understandable way.
  • Responsible for journal entry, reconciliation and maintaining GL accounts regarding hedging gains and losses, deferred gains and losses, and broker payable/receivable at period close along with the subsequent reporting and analysis related to all commodities hedging P&L.
  • Increase efficiency and control by using intuitive and automated models and databases where possible.
  • Complete special projects as identified each year to meet annual objectives in line with the treasury strategy. Proactively addresses issues and recommends opportunities for improvement.

What can you expect from Mars?

  • Work with over 130,000 diverse and talented Associates, all guided by the Five Principles.
  • Join a purpose driven company, where we're striving to build the world we want tomorrow, today.
  • Best-in-class learning and development support from day one, including access to our in-house Mars University.
  • An industry competitive salary and benefits package, including company bonus.

Mars is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law. If you need assistance or an accommodation during the application process because of a disability, it is available upon request. The company is pleased to provide such assistance, and no applicant will be penalized as a result of such a request.

Date Posted

08/05/2023

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