Commodity Trader - Trading Manager

Ntice Sourcing Solutions; KwaZulu-Natal; On-site; ZAR 600 000 - 900 000; Full time

Job summary

A leading company in the sugar industry is seeking a Commodity Trader / Trading Manager to enhance export strategies and manage logistics operations. The role involves developing export plans, optimizing proceeds, and ensuring compliance with regulations. Ideal candidates will possess a commerce qualification and extensive experience in logistics and trading, contributing to the company's reputation and revenue growth.

Qualifications

• At least 5 years of experience in international logistics or freight handling.
• Experience in treasury and export trading is advantageous.
• South African nationality with a clean credit and criminal record.

Responsibilities

• Manage all aspects of raw sugar export administration.
• Develop detailed export plans for international markets.
• Implement pricing strategies to maximize export proceeds.

Skills

Management Experience

Leadership

Math

Customer Service

Education

3-year tertiary qualification in commerce

Job description

The South African Sugar Association (SASA) has a permanent opportunity available for a Commodity Trader / Trading Manager based in Maydon Wharf, KwaZulu-Natal.

This role is part of the Sugar Markets and Logistics Division.

The division handles marketing, sales, and logistics related to South Africa's bulk raw sugar, focusing on maximizing net proceeds within acceptable risk levels. Raw sugar is sold to refineries in South Africa for export to regions including the Far East, Middle East, and the United States, either directly or through trade houses. Price risk is managed via hedging on the Intercontinental Exchange (ICE) US Futures No. 11. Exports are facilitated through SASA's terminals in Durban and Maputo, in which SASA is a shareholder.

We seek to appoint a Commodity Trader / Trading Manager, reporting to the Export and Logistics Executive, to provide specialized administrative support to the export program.

The successful candidate will manage all aspects of raw sugar export administration, including planning, pricing, trading, and freighting functions. A key focus will be to implement strategies that enhance SASA's reputation, increase revenue from exports, manage risks, and reduce costs.

Duties and Responsibilities:

1. Contribute to the achievement of export strategies for SASA's raw sugar availability.
2. Maintain productivity and performance standards, and implement improvements or training as needed.
3. Develop detailed export plans for international markets, outlining critical deliverables and supporting actions.
4. Ensure net proceeds from exports are optimized within acceptable risk levels, utilizing storage facilities effectively.
5. Implement pricing strategies to maximize export proceeds.
6. Provide accurate information for calculating the Recoverable Price (RV) paid to growers.
7. Manage administrative reporting requirements to stakeholders.
8. Maintain a positive reputation for SASA with a diverse range of contacts.
9. Ensure accuracy and completeness of commercial information related to ship loading operations.
10. Oversee the implementation of the Export Department's credit insurance policy.
11. Ensure the quality of information reported adds value internally and externally, supporting key decisions in marketing and export planning.

Minimum Requirements:

• A 3-year tertiary qualification in commerce, with management accounting as a major.
• At least 5 years of experience in international logistics or freight handling.
• Experience in treasury and export trading is advantageous.
• South African nationality, with a clean credit and criminal record.

Additional Information:

• Visit www.sasa.za for more details about the division and industry role.
• This position offers an opportunity to apply your skills in a challenging environment.

Recruitment Process:

• SASA supports EE and BBBEE legislation.
• Priority is given to South African nationals, with foreign nationals considered only if local recruitment fails.
• Applicants will undergo assessments, credit, and criminal record checks.

Remuneration and Benefits:

• Market-related.

Experience Required: Manager

Key Skills: Restaurant Experience, Customer Service, Employee Evaluation, Management Experience, Math, Employment & Labor Law, Sanitation, Leadership, P&L Management, Mentoring, Supervising, Restaurant Management

Employment Type: Full-Time

Vacancy: 1