Director, Commodity and Risk Management

ACH Food Companies, Inc. (ACH) is a prominent consumer packaged goods company. In North America, we market, sell, and manufacture a premier branded portfolio of cooking oils and baking ingredients and food service brands in the US, Canada, Puerto Rico, and Mexico. As the U.S. division of Associated British Foods (ABF), a $20 billion-dollar global food business, we have the backing and resources of a major food company, which empowers us to deliver consistent innovation and sustained growth.

We encourage an environment where people have the autonomy to create and deliver within their business.

Serves as the head of the commodity and risk management for ACH Food Companies. Responsible for the direction, planning and coordination of strategic sourcing and hedging activities for major commodities of all ACH business units. Manages risk for Soy, Corn, and Canola oil, corn, as well as packaging, energy, and diesel. Manages business relationships with strategic suppliers and continually evaluates the timely adjustment of sourcing strategy and plans to meet changing economic and competitive situations in a timely manner.

Leads the Commodity Risk Management Committee (CRMC) meetings. Responsible for supply and demand analysis, price forecasting, hedging and cost risk management for all major commodities in alignment with ABF standards, policies, and guidelines.

• Manages and directs the supply/demand price forecasting and cost risk management for raw material commodity underlie rs. Establishes hedging strategies with the support of industry systems & tools. Directly executes actual trades and contracts in commodities and options.
• Establishes and develops supplier relationships that support a favorable business environment. Manages relationships by establishing parameters for performance and expectations.
• Remains involved and supported business unit marketing efforts by attending meetings and serving as a resource for the decision-making process.
• Performs market analysis, including reporting on commodities production, weather, supply and demand variables, market intelligence and provides risk mitigation and margin enhancement strategies.
• Drive cost reductions through negotiations, leveraging opportunities, multi-sourcing and sound risk management principles.
• Establishes and maintains professional relationships with commodity industry experts to identify opportunities for enhanced commodity risk management strategies and tactics.
• Helps and provides guidance to the Mexico team with commodity & foreign exchange hedging strategies, and supplier relationship management.
• Manages hedging for packaging materials as well as diesel as applicable
• Negotiates contracts and directs the Request for Quote (RFQ) process from draft through final negotiation, when applicable in the commodity market.
• Ensures departmental compliance with Federal Anti-trust laws.
• Coordinates interface and activity with ABF Global Procurement and Treasury groups.
• Other tasks and duties as assigned.

• Bachelor’s degree in finance, management, or a relevant academic field.
• 10-15 years of related commodity and risk management experience. Strong knowledge of strategic sourcing principles and contractual language. In depth knowledge of the edible oils market. Knowledge of the renewable energy markets preferred.
• ION/Triple Point

• Free Vision Insurance
• 401K Matching Program
• Onsite Gym
• Flexible Hours
• Hybrid Work Schedule

• Starting Salary Range: $204,600-$268,170. This includes the starting base pay range. Exact compensation will vary based on candidates' qualifications, job related knowledge and experience and specific location.
• Variable Pay is included in compensation package yet not part of base salary range.

Employees at ACH Food Companies, Inc. enjoy a comprehensive suite of benefits designed to support you throughout your employment. ACH offers a choice of two PPO medical plans with low deductibles and dental coverage.

Vision and Life Insurance are provided at no charge. Employees have the opportunity to elect additional life insurance as a well as participate in a 401(k) with a company matching contribution.

“All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.”

ACH is an equal opportunity employer. We see value in ensuring a diverse, inclusive, merit-based, and equitable workplace.