Metals Hedging Specialist

Metals Hedging Specialist

Prysmian is the world leader in the energy and telecom cable systems industry. Each year, the company manufactures thousands of miles of underground and submarine cables and systems for power transmission and distribution, as well as medium and low voltage cables for the construction and infrastructure sectors. We also produce a comprehensive range of optical fibers, copper cables, and connectivity for voice, video, and data transmission for the telecommunications sector.

We are 30,000 employees across 50+ countries. Everyone at Prysmian has the potential to make their mark, because whatever you do, wherever you are based, you will be part of a company that is helping transform the world around us.

Team Overview and Job Responsibilities

The Metals Hedging Specialist will support the hedging functions of the commodity portfolio. The successful candidate will work in support of Base Metal trading staff and will be exposed to a wide array of functions related to the company's core business. You will be responsible for working across multiple work teams, including operations, business units, vendors, and suppliers, to prepare proposals, quotes, and agreements that create savings for the business related to base metals. This role is an in-office role located in Highland Heights, Kentucky.

• Daily, weekly, monthly, and quarterly calculations and update metal values for the Sales team
• Back Office and Front Office activity
• Monthly calculations and update metal values in UPM and PPC3 (sales pricing).
• Aluminum and copper file maintenance and distribution are supported by the metals price providers.
• Assist in the maintenance of the daily metal book in an orderly manner, allowing for easy identification of key elements used to determine hedge quantities.
• Place hedge and target orders for Business Units, execute in a highly time-sensitive and demanding environment
• Accurately and completely reconciles all daily hedge activity, pricing orders, and exchanges on all filled orders as reported by brokerages. Will be responsible for reconciling all commodities. Handling futures exchanges on contract pricings.
• Review and confirm broker confirmations with our and the broker system.
• End of month reconciliation: Identify shortfalls and implement appropriate corrective action, analyze report data to determine errors at the facility and or sales level.
• Assist in coordinating with sales on coverage updates.
• Monthly invoices and Mark-to-Market activity
• Assist with transactions/daily functions as directed by the manager, including interfaces with the bank by telephone and email.
• Comply with all Prysmian policies, including but not limited to the Metals Policy.
• Other duties and assignments as directed

Qualifications:

• Strong Excel skills
• Ability to work in a fast-paced environment and multitask with exceptional attention to detail.
• Organizational skills: must be able to perform in a fast-paced, multi-task environment.
• Strong analytical and problem-solving skills
• Demonstrated ability to collect, evaluate, interpret, and communicate data from both internal and external sources.
• High sense of urgency
• Detail oriented
• Solid communication skills (both oral and written)
• Ability to work in a team setting and take direction from others.
• Proficiency using a computer equipped with Microsoft Office and other business software to prepare correspondence, documents, spreadsheets, charts, and reports.
• Manage time effectively, setting priorities and meeting deadlines.
• Knowledge in ERP systems (preferred SAP)

Education

• Bachelor's degree, preferably in Business, Finance, Economics, or other quantitative field.
• 1-3 years' work experience in investment management, financial controlling, supply chain, and/or similar roles is preferred.