Commodity Manager

 

One of the most critical functions for an organisation to undertake is the management of commodities, or instead, their supply and demand. A commodity is a manufactured product which has both value and price. It can be sold, again and again, making it a quick source of capital for many institutions such as banks, hospitals and retail warehouses. Various roles use the expertise of a commodity manager.

What is a Commodity Manager?

Commodity managers help businesses avoid risk and save money. Commodity managers are responsible for proposing alternative management systems to save costs or increase revenues. They are skilled in developing alternative solutions so that the management of a company can select the most advantageous one in terms of resources, profits, and investments. Commodity managers usually work at trading companies (retail or wholesale), investment banks, and specialised consultants.

They can also act as brokers, finding buyers and sellers for their clients when needed.

 

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Commodity Manager Job Description

Commodity Manager Job Overview

The role of a commodity manager is to oversee sales transactions to make sure that the company makes as much money as possible on every transaction. Commodity managers work closely with other departments because they often need to buy or sell products based on orders from other departments, such as sales or human resources.

Responsibilities of a Commodity Manager

Your day-to-day responsibilities will vary depending on your industry and position, but some of the most common tasks include:

• Managing finances and resources
• Negotiating contracts and agreements with suppliers/customers
• Directing employees within your department
• Managing multiple commodities, including but not limited to raw materials, food products, and other goods
• Track purchase orders for commodities from suppliers
• Ensure that inventory levels are maintained on a timely basis
• The commodity manager must also be able to manage multiple projects simultaneously while still keeping an eye on their budget
• Monitor trends of commodities to predict their demand and supply levels
• Supervise lower-level employees who manage individual commodities

Commodity Manager Qualifications and Skills

To become a commodity manager, you need to have an undergraduate degree in business administration or a related field. You should also have at least two years of experience working as an administrative assistant or similar role. This job requires an understanding of how to run a business and an ability to work well with people:

• Excellent communication skills: You need good communication skills, as you will work with many different people from various departments throughout the organisation. You must also deal effectively with customers and suppliers, who may have other goals than your own. You should also know how to write straightforward emails that explain complex ideas clearly without requiring additional clarification from your audience members (i.e., customers) later on down the road.).
• Working under pressure: Working well under pressure is essential for success in this position because there will often be deadlines that need to be met by specific dates.
• Strong analytical skills and organisational skills

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Commodity Manager Jobs currently open:

Group Financial Manager
Location: Stellenbosch
Salary:
My client, a nationally established group of companies, has an exciting opportunity for a Group Financial manager to join their team.Min 10 years experience in agricultural commodity trading, commodity risk management, Treasury and trade finance, Inventory and hedging management, Group finance and consolidations.The successful candidate will be a Qualified CA(SA) or have a CIMA (CGMA) qualificatio...
4 days ago


Senior Business Development Manager (Technical & Mining Consulting) - Centurion, Gauteng - Salary: Market-Related
Location: Pretoria
Salary: Market-related
The position demands someone who bridges commercial strategy and technical execution, taking market insight and turning it into a disciplined, high-value project pipeline.
4 days ago


Financial Specialist
Location: Gqeberha
Salary: Market related
Financial Reporting & Analysis Supply Chain & Expenditure Control Compliance & Risk Management Au
10 days ago


Bookkeeper
Location: Johannesburg
Salary: 240 000
Are you a detail-driven Bookkeeper with strong payroll experience and exposure to the trading and commodity environment?
11 days ago


Financial Manager/Head of Finance
Location: Bethlehem
Salary:
Be the Financial Leader Who Drives Growth, Not Just Reports on It
18 days ago


National Cable Sales Manager
Location: Durban
Salary:
Leading electrical wholesaler is seeking a National Sales manager (Cables) to lead and develop the overall portfolio and develop and guide the sales team.Our client, amongst traditional sales management responsibilities of exceptional customer service, sales delivery and sales team development, is looking for an experienced and astute trader, with knowledge of international sourcing, commodity pri...
34 days ago


Senior Mechanical Layout Designer
Location: Johannesburg
Salary: Annual
Mechanical Layout Designer
41 days ago


Procurement Manager
Location: Johannesburg
Salary:
55 days ago


Packaging Materials & Systems Administrator
Location: Stellenbosch
Salary: Monthly
Our client in the Stellenbosch/Joostenbergvlakte area is seeking a proactive and detailed-oriented Packaging Materials & Systems Administrator to join their packhouse operations team.
2 days ago


Compliance AND Credit Risk Officer- Agri Trading Commodity Exp Required
Location: Roodepoort
Salary:
5 days ago