Procurement Analyst
Procurement Analyst
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Procurement Analyst will provide analytical support for the Strategic Sourcing and Supplier Management team at Atlantic Union Bank. The role will focus on cost/price analysis financial due diligence on suppliers industry research SarbanesOxley Act reviews and other analysis needed to support the strategic objectives of our business units. This individual will be a key resource for the team ensuring that the team has the information needed to make sound supply chain decisions for the Bank. He or she will be responsible for conducting analysis on a wideranging group of activities.
Position Accountabilities
- Providing the analytical horsepower on key procurement initiatives
- Conducting data collection efforts and complex baseline building from unstructured data
- Assisting in analyzing supplier bids/proposals and conducting advanced analyses to determine total cost of ownership
- Preparing and assessing potential sourcing scenario models
- Performing financial duediligence and third party background checks on suppliers
- Performing industry research and analysis
- Developing and maintaining detail spend analysis for existing supplier spend
- Developing and track key performance measures for the team
- Recommending sourcing/contracting opportunities
- Performing SOX/SOC reviews to highlight key risks
- Owning personal development to continually strengthen analytical skills
- Training others on analytical tips and tactics
Organizational Relationship
The position reports to the Head of Strategic Sourcing and Supplier Management
Position Qualifications
Education & Experience
- Bachelors degree in math finance business supply chain or equivalent military experience
- Minimum 5 years equivalent jobrelated experience with emphasis on analytics
- 2 years experience working in the financial services sector
- Experience working in a teamoriented collaborative environment
- Preferred: MBA or Masters Degree
- Preferred: 7 years equivalent jobrelated experience
Knowledge & Skills
- Passion and relentless drive to problemsolve for the business
- Exceptional analytical skills needed to assess the market place and perform cost/benefit analyses
- Ability to synthesize unstructured data into logical groups
- PC proficiency in Microsoft Office including: Excel (advanced skills) Word Outlook Project PowerPoint and other programs like SQL
- Systematically use data analysis and statistical methods
- Experience with forecast planning
- Subject matter expert in analytical techniques
- Ability to interpret data
- Ability to present data in a concise/easy to consume manner
- Report generation skills
- Highest ethical standards to ensure appropriate business relationships
- Ability to effectively prioritize and execute work with little direction
- Ability to work in an innovative/fastpaced environment
- Communication skills that compel decision makers to take action
- Appreciation and respect for diversity of thought people and practices
Salary offered will be based on several factors including but not limited to education work experience certifications etc. This position is also eligible to participate in either an applicable incentive compensation plan for the position or a discretionary profit sharing bonus program. General information on our comprehensive benefits package can be found by visiting are proud to be an Equal Employment Opportunity employer. We maintain a drugfree workplace
Required Experience:
IC
Employment Type
Full-Time
