About the Job

Middle Office leads external and internal compliance and IFRS9 standard in Danone, provides centralized Mark-to-Market visibility for direct materials and indirect spend (Milk, Plant based, ingredients, packaging, energy, logistics) for all zones.

We are seeking a professional Middle Office Lead who is experienced in commodity hedging with a proven track record in multinational companies and is looking for their next challenge. The successful candidate will be an effective communicator, diligent and detail-oriented, self-starting with exceptional analytical thinking and problem-solving abilities.

Key Responsibilities:

• Define and lead methodology of Mark-to-Market calculation for all zones and categories.
• Redaction and follow-up IFRS9 memos documentation and preparation for internal and external audits including effectiveness test for financial hedging scope. Ensure that hedge transactions comply with Executive Mandate.
• Control of forecasted demand vs actual, forecasted covers vs actual. Volatility risk allocation, COGS at Risk, coverage control. Monitor position limits in cooperation with Global Treasury
• Control of volumes exposure management, animation of data collection: quarterly volume actual and forecast x suppliers x Danone site. Conversion of physical volumes into financial exposure.
• Participate in contract validation cycle, oversee financial impacts for C&P organization (IFRS9, right indexation, pricing formulas, settlement mechanism, alignment with Danone global risk strategy), support category buyers with hedging strategy’s aspects.
• Lead monthly actual closing and quarterly forecasting processes of MTM and coverage position in collaboration with Risks managers, Business controllers, zones controllers and C&P leaders.
• Lead the MTM expansion project to leverage governance and visibility for non-hedgeable spend.
• Lead digital transformation of exposure management and MTM report through processes optimization and automation in PowerBI with Copilot agent usage.
• Provide training (ongoing training on compliance and MTM for procurement and finance stakeholders)
• Managing a team of 1 employee.

Meet your future manager! Your manager will be Vladislav STRAKHOV, Finance Director Dantrade.

To be successful in this role you fulfil the following:

• Solid knowledge and understanding of accounting principles and financial reporting requirements, as well as familiarity with relevant regulatory frameworks, such as International Financial Reporting Standards (IFRS), especially IFRS9 implications and derivatives regulations.
• Be open-minded, reliable, proactive and team-oriented person with strong analytical and problem-solving abilities
• Experience in process improvement and simplification
• Excellent communication and stakeholder management skills to support and collaborate with key internal (Category buyers, Market analysts and risk managers, Controlling, Treasury) and external stakeholders (financial counterparts).
• Solid experience, with proven experience in middle-office functions, preferably in a large corporate organization involved in purchasing contract hedging.
• Knowledge of BI tools to build dashboards for data analysis and reporting.
• A Master degree in Finance or related field.
• Ability to fluently communicate in English.

Working at Danone is a unique experience. It’s fast-paced and complex and, at times, it can get a little challenging. But it’s packed with opportunities to learn and grow working with some of the best-known brands in the world, like Evian, Alpro, Nutricia, Activia and Nutrilon. Bring your unique perspective, ambitions and entrepreneurial ideas to the table – the impact you could make might just surprise you. One Planet. One Health – BY YOU.

We’re proud to be a B-Corp certified company. That means we meet the highest verified standards of social and environmental performance, transparency, and accountability in everything we do.

We’re committed to building a diverse and inclusive team. As an Equal Opportunities Employer, we base our hiring decisions on merit, job requirements and business needs.*

We Offer

It’s an exciting time to join Danone. You’ll build meaningful relationships and networks working with large, dynamic brands. And the best part? You’ll be supported to grow an impactful career that you can be proud of. Together, we’ll build a healthier world.

All Danoners receive a complete package of benefits. This includes a competitive salary and yearly bonus, a premium free pension and great discounts on health insurance and Danone products. We understand the importance of flexibility and offer 30 days of annual leave (with the opportunity to purchase more) and a hybrid working environment, where you can work either from home or from one of our People Hubs in Hoofddorp, Utrecht and Rijswijk.

What’s Next

It’s simple – hit the “apply” button before the application deadline of February 28th. Please note that if we receive a high volume of applications, we may close the job posting earlier than the stated deadline. In order to comply with GDPR we can’t process your personal data without your given consent, so please apply directly via this website. Good luck! We can’t wait to meet you.

Need more information? Please contact Claudia Llona, Talent Acquisition Manager via claudia.llona@danone.com.

* All applicants will be considered for employment without attention to race, colour, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status