Sr. Analyst, Procurement (Peoria)

Compensation

: $77,430.00 - $136,150.00 /year *

Employment Type

: Full-Time

Industry

: Financial Services - Banking/Investment/Finance



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Job Posting Title

Sr. Analyst, Procurement

Position Summary



Overview

Responsible for overseeing and directing the financial reporting, planning, and analyses for the procurement function at Ferrara

Responsibilities
  • Forecast raw, pack and purchased procurement and PPV including evaluation of key risks and opportunities
  • Conducts cost/price analyses utilizing a variety of analytical tools that include market trends, parametric models, and statistical analysis
  • Provide annual operating plan decision support to align on key productivity and inflation targets, budgets/spending and standard development as needed
  • Supports the procurement organization in procurement activities including: preparing detailed bid instructions for the Request for Quote/Request for Proposal (RFQ/RFP) process
  • Translates estimates to financial forecasts, provides cost and/or price information to cross-functional teams, management and customers
  • Performs various economic analysis; net present value (NPV), internal rate of return (IRR), return on investment (ROI), break-even analysis and presents results to cross-functional teams, management and customers
  • Controls material savings and gives input for financial forecast
Ideal experience
  • 3+ years experience in a purchasing, procurement or supply chain finance support role
  • Ability to gather and analyze a wide range of internal and external data and make recommendations based on analysis of the information
  • Understanding of commercial contract language and ability to support or administer commercial contracts
  • High level of proficiency with Microsoft Office (Outlook, Word, Excel) and ability to leverage the internet to research products and services.
  • Ability to communicate with technical personnel from multiple skill areas
  • Ability to evaluate technical and operational information and issues
  • Ability to influence senior stakeholders
  • B.S. in Finance, Business, Economics, or related area; MBA/CPA preferred
Major milestones

Will play a key/lead role in:
  • Delivering cost improvement in procurement

Associated topics: business, business analyst, financial analyst, inspect, investment analytics, investment fund, legal, refinement, regulation, strategy * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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