Supplier Development Analyst 2 - Finance Admin

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REFERENCE JOB ID: 402265

 

SUMMARY
Under minimal supervision, develops and evaluates cost models based upon financial data extracted from industry research, current spending data, and commodity supply analyses.  Responsible for the collection, organization, analysis, summation and presentation of key information essential for Management decision making.

Develops or approves recommendations to change systems, policies and procedures; ensures timely and accurate implementation.  Participates in department and interdepartmental planning and management teams and works cross-functionally within the organization.

ESSENTIAL FUNCTIONS
• Data Collection/Organization:  Collects, organizes and analyzes data from internal/external sources in order to identify major expenditures, key items, savings opportunities and price variances.  Establishes and maintains a database for each category commodity, containing key business information such as company and market consumption history, leading suppliers and industry capacity, forecasts and trends.
• Commodity Background Analysis:  Researches commodity industries in order to obtain a thorough understanding of market factors, key influences, supply chain dynamics and major cost drivers and develop supplier cost and pricing models. 
• Conducts financial analyses of potential supply partners, including the evaluation of financial statement information and key ratio analysis.
• Commodity Maintenance:  Analyzes post contract data in order to gauge compliance levels and validate savings estimates.  Acquires and analyzes data in order to address specific issues and execute ad hoc analyses.  Develops and implements post contract satisfaction surveys and assist Management in addressing customer/field/supplier issues and concerns.
• Management Reports/Presentations:  Assists Management in the compilation of monthly, quarterly and annual commodity procurement reports that identify and explain any and all variances between budgeted and actual expenditure.  Monitors and evaluates supplier performance and compliance to contractual objectives. 
• Develops project presentations to Management that clearly communicate commodity risks and opportunities, category objectives and procurement strategy.
• Must maintain satisfactory attendance, to include timeliness.
• This job description reflects management's assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned.

SUPERVISORY RESPONSIBILITIES
N/A

QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION AND EXPERIENCE
Bachelor's degree from four-year College or university in business, engineering or sciences, plus 2 to 5 years experience; or equivalent combination of education and/or experience.

SKILLS
• Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures or governmental regulations.
• Ability to write reports, business correspondence and procedure manuals. 
• Ability to effectively present information and respond to questions from groups of managers, clients, customers and the general public.
• Computer skill requirements include: intermediate MS Word, Excel, Access and PowerPoint.
• Ability to type 35-40 wpm.
• Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations and permutations.
• Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory and factor analysis.
• Ability to define problems, collect data, establish facts and draw valid conclusions.
• Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Ability to perform work that is varied and may be somewhat difficult in character, usually involving limited responsibility, requiring frequent evaluation, originality or ingenuity.
• Knows and applies the fundamental concepts, practices and procedures of this particular field of specialization.

 

Equal Employment Opportunity

 

EEO/AA  M/F/V/D