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Business Analyst Finance

Company:
Royce Ashland Group, Inc.
Location:
Morgantown, Pennsylvania, United States
Posted:
November 06, 2018

Description:

Currently looking for a Financial Business Analyst-Procurement to fill an opening with a company located in Morgantown, PA. Interested candidates must hold an advanced degree (MBA) in Finance with related business experience.

Job Overview:

Reporting to Finance, the Business Analyst – Procurement will provide analytical support to the procurement function.

Key responsibilities include tracking actual performance against budgeted targets.

The Finance Business Analyst will be a key contributor to the strategic planning process, annual budgeting process and updated forecasting.

Outstanding analytical and communication skills are critical to the success of this position.

Responsibilities of the Financial Business Analyst - Procurement:

1. Work closely with Procurement Department to track key purchasing initiatives including the international sourcing program, perform make versus buy analysis and establish a vendor scorecard to monitor vendor performance

2. Coordinate the purchasing projections for the strategic plan, annual budget and updated forecast and track actual performance against agreed plan

3. Analyze key cost drivers and other factors influencing cost of materials

4. Prepare and present monthly report summarizing key business initiatives including wins, losses and lessons learned.

5. Track market driven cost movements and impact on business.

6. Participate in price committee to determine pricing actions required to recover market driven cost movements and maintain margins.

7. Coordinate the strategic planning, budgeting and updated forecasts for the procurement functions

8. Track and report actual performance against agreed targets

Responsibilities of the Financial Business Analyst - Procurement:

Advanced degree (MBA) in Finance with related business experience to the duties and responsibilities noted above

Excellent analytical, interpersonal and communication skills

Advanced knowledge of Microsoft Office software, including Excel and PowerPoint

Ability to understand broader business issues and the cause-effect relationships within each functional area within a complex manufacturing environment

Understanding of Lean principles and ability to streamline operations

PL