Sourcing Analyst

Maxonic maintains a close and long-term relationship with our direct client. In support of their needs, we are looking for a Sourcing Analyst.

Job Description:

Job Title: Sourcing Analyst

Job Type: 3 months Contract

Job Location: New York City, NY, USA

Work Schedule: Hybrid Job – 1 day in a week Onsite

Responsibilities:

Responsibilities include assisting with the analytical work required by this group for key enterprise-wide sourcing projects (which provide cost savings and process improvement), providing internal customer service, and supporting the Team’s annual goals.

The successful candidate will work across Divisions globally, interacting regularly with stakeholders at both the Corporate and Divisional level. With significant growth potential, this position provides an opportunity to work on multiple projects simultaneously in both traditional and non-traditional spend categories across the Global Sourcing team.

Duties & Responsibilities:

• Work with Sourcing team leaders to identify opportunities to adjust processes and spending patterns for efficiencies and cost savings; engage appropriate stakeholders in the process.
• Performs risk and financial analysis to support sourcing decisions and projects using standard team templates
• Analyze and make recommendations based on report data to improve process and mitigate risks
• Maintain and keep sourcing trackers updated to ensure reporting is accurate
• Assists cross-functional teams in performing competitive events (RFPs, auctions, etc.) and developing sourcing models in support of category strategies.
• Leverages e-Business tools, such as spend analysis, supplier intelligence, bid/auction event management and others in support of spend category management strategies.
• Supports ongoing quality improvement, including score carding of suppliers, ongoing reviews with internal customers, and staying abreast of market trends, supplier intelligence and other relevant information.
• Work to identify and implement continuous improvement in sourcing strategies and compliance
• Contributes to Paramount’s diversity and sustainability commitment through consideration of these key areas during supplier selection and negotiation, and in ongoing supplier relationships.
• Maintains process workflow and internal communications to ensure seamless reporting of team’s projects and savings achievements
• Creates dynamic models to identify levers of negotiating influence and calculate savings estimates using Global Sourcing savings framework.
• In conjunction with the lead negotiator(s), present deal summary including savings analysis to VP/SVP of GTI Team as well as SVP Sourcing Finance as part of a regular cadence.
• Monitor and audit team project documentations to drive efficiency and consistency in work processes
• Collaborates with Finance teams to ensure data accuracy
• Assists in presenting results of sensitivity analyses to key stakeholders
• Ad Hoc sourcing projects.

Qualifications:

Minimum Education & Experience Requirements

• Bachelor’s degree required; MBA a plus
• 1-2 years' experience in Sourcing, Procurement, Finance, Business/Administration, Media, or Operations environment.

Knowledge & Skill Requirements:

• Strong analytical, business process analysis and problem-solving capabilities
• Skilled with technology-based systems including spend analytics and i-procurement tools
• Ability to develop detailed work breakdown structures
• Advanced knowledge of Microsoft Office, including Word, Excel (VBA a plus), Power BI, SharePoint, and PowerPoint
• Knowledge of Salesforce CRM tool a plus
• Excellent interpersonal and communication (written and oral) skills with the ability to effectively work in a team environment and on an individual basis
• Ability to think strategically, interpret specifications and use sound judgment to make business decisions
• Must have the ability to manage multiple tasks simultaneously, prioritize projects and deal with ambiguity
• Effective time management and organizational skills
• Self-motivated, takes initiative and is proactive in their approach
• Willingness to learn and understand sourcing best practices
• Experience in data analysis, financial/quantitative modelling, and business intelligence tools (Tableau). 

About Maxonic:

Since 2002 Maxonic has been at the forefront of connecting candidate strengths to client challenges. Our award winning, dedicated team of recruiting professionals are specialized by technology, are great listeners, and will seek to find a position that meets the long-term career needs of our candidates. We take pride in the over 10,000 candidates that we have placed, and the repeat business that we earn from our satisfied clients.

Interested in Applying?

Please apply with your most current resume. Feel free to contact Bikram Anand ( / ) for more details.