Commodity Middle Office Analyst

**Position snapshot**

- Location: Panama, Panama City
- Company: Nestlé Global Procurement Division
- Act. Rate: Full-Time Act. Rate 100 %
- Type of contract: Permanent

**What we offer at Nestlé**

- Exciting opportunities to develop your career your way; across different brands, businesses, functions, and regions.
- Flexible working arrangements - facilitating creativity and collaboration.
- A culture of respect, with diversity, equity and inclusion at its core.
- A dynamic international environment empowering you to learn, develop and grow.

Don’t hesitate to connect with us during the recruitment process to learn more.

**Position summary**

**We are currently looking for a **Commodities Middle Office Analyst** to be based at our Procurement Hub in Panama City, Panama.

Reporting directly to the Head of Risk & Compliance for Nestrade, you will play a key role in ensuring the accurate execution and oversight of financial hedges, delivering precise reporting on hedging performance, and maintaining strict adherence to accounting standards and regulatory requirements.

You will provide transparency, mitigate risk, and support compliance across commodity transactions involving financial instruments.

**Global Procurement at Nestlé**

As a strategic partner to our businesses, we drive sustainable growth and unlock long-term value. With over 40 different nationalities based across our three dynamic hubs in Switzerland, Panama, and Malaysia, we operate on a truly global scale. With a strong focus on innovation and deep commitment to sustainability, we’re shaping the future of procurement. Our diverse teams lead with purpose, ensuring value creation through responsibly sourced supply across a broad range of direct and indirect categories. Join us and _Be a Force for Good._

**A day in a life of a Commodities Middle Office Analyst**:

- Perform daily reconciliation of commodity derivatives, ensuring accuracy and proactively investigating discrepancies to mitigate operational and financial risk.
- Review new positions against authorized trading limits and approved policies, providing timely insights and escalating any deviations to management.
- Deliver accurate trades position reports and monitor daily margin requirements to ensure compliance and risk control.
- Execute P&L and Mark-to-Market reporting, review hedge effectiveness calculations, and clearly communicate financial and compliance impacts to key stakeholders.
- Partner with Procurement, Finance, and Business teams to deliver data-driven analysis, evaluate strategic cases, and implement process improvements.
- Drive operational excellence by implementing enhanced controls and contributing to system upgrades, targeting reduced error rates and shorter cycle times.
- Maintain documentation for derivatives and audits, supporting adherence to internal and external guidelines through simplification, standardization, and automation.

**What makes you successful**:

- University or Master’s degree in Finance, Accounting, or Management; Accounting certification is an asset.
- Well established experience in Finance & Control or a Treasury-related function with interest in understanding of financial instruments and commodity markets.
- Strong analytical and organizational skills with exceptional attention to detail.
- Ability to work independently and collaboratively, with strong stakeholder engagement and influencing skills.
- Skilled at simplifying complexity, driving process standardization, and supporting automation initiatives.
- Proficiency in MS Excel (advanced), SAP FI/CO, and experience with automation tools (Power Automate, Power BI).
- Fluency in English, any additional languages are a plus.

NestradeCareer

Nestlé is committed to the accessibility of its recruitment process. If you require an adaptation during the recruitment process, please do let us know so we can support you effectively. All information will be treated confidentially.

At Nestlé, we want to help shape a better and healthier world, inspire people to live healthier lives and deliver impact at a scale and pace that makes a difference. We do this by fostering a diverse, friendly, supportive, and collaborative environment, that creates positive disruption, embraces innovation, and empowers people and teams to win. We aim to hire friendly, respectful, inspiring people who care about the people’s lives that we touch every single day.