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Job Description
Develop optimization algorithms for various spending areas.
Responsibilities
- Create TCO models for Suppliers and IHS and create financial models.
- Develop optimization algorithms for various spending areas.
- Assist in structuring 3rd-party expenditures and spend management strategies.
- Drive spends analytics strategy, including data integrity, reporting, and process alignment.
- Utilize advanced analytics for commodity catalogs, price books and scenario modeling.
- Oversee procurement data solutions and ERP system integrations.
- Collaborate on the creation and implementation of product and service catalogs.
- Conduct value engineering on procurement requests.
- Prepare monthly reports and slide decks.
- Perform financial modeling.
- Review tender scopes for accuracy.
- Sign off awards to ensure that all calculations and capturing was done correctly.
- Review the financial viability of the vendors before award.
- Implement OTP calculations.
- Develop comprehensive catalogues that are electronic and searchable.
- Maintain and update price indexes and catalog databases.
- Standardize and streamline catalog practices.
- Identify opportunities for catalog utilization.
- Integrate catalogues into procure-to-pay processes.
- Analyze and report on catalog-related metrics.
- Create and implement variance reporting tools.
- Review all strategic suppliers’ financial status annually.
- Track and validate negotiated savings.
- Support procurement performance assessment.
- Partner with Finance and business units to incorporate savings into budgets.
- Define overall and category-specific user system requirements.
- Evaluate and recommend system improvements.
- Drive change management and transitions.
- Develop and implement Supply Chain best practices, including KPI measurement and reporting automation.
- Convert business requirements to workable system solutions.
- Manage small- to medium-scale projects.
- Identify process gaps and recommend improvement initiatives.
- Collaborate with Supply Chain categories to optimize opportunities.
- Perform other tasks and duties as assigned by the Senior Specialist
Qualifications
- Bachelor’s degree in mathematics, Finance, Data science, AI or Value engineering.
- +3 years’ experience in analytics, business analysis, Data Science.
- Advanced proficiency in use of MS Excel, Access, SharePoint, and PowerPoint
- Experience with AX, Power BI, SAP, SQL, Business Objects and Tableau is desirable
- Knowledge of general trade spending, budget planning, forecasting and pricing execution.
- Knowledge and implementation experience with catalogue platforms and price indexes.
- Polygraph and psychometric tests prerequisite
Location: Lagos, Nigeria.
Apply: SPECIALIST BUSINESS ANALYSIS
