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Sr. Analyst, Global Strategic Sourcing

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Strategic Sourcing
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180706 Requisition #
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COMPANY OVERVIEW:

                                                                                                     

Herbalife is a global nutrition company that has helped people pursue a healthy, active life since 1980. Our nutrition, weight-management and personal care products are available exclusively through dedicated independent Members in more than 90 countries. Our Mission is to change people’s lives by providing the best business opportunity in direct selling and the best nutrition and weight-management products in the world.

 

POSITION SUMMARY STATEMENT:

 

The Sr. Analyst, Spend and Savings Analytics will be responsible for performing analysis on sourcing related initiatives and cost savings opportunities. The Sr. Analyst will engage in pre-sourcing activities to identify and analyze sourcing opportunities utilizing spend data.  The Sr. Analyst will be responsible for gathering, analyzing and reporting on global savings initiatives generated by Indirect and Direct Global Strategic Sourcing teams.  The Sr. Analyst will be responsible for reviewing the savings project data reported by the regional Global Strategic Sourcing teams and ensuring its accuracy and validity in accordance with Global Strategic Sourcing and Finance policies. The position will monitor the savings project pipeline and achieved savings and track against savings goals. The position will report savings information to the Global Strategic Sourcing and Finance teams. The position will also provide analytical support on strategic sourcing initiatives to determine total cost of ownership.

 

DETAILED RESPONSIBILITIES/DUTIES: 

  • Identify and analyze potential cost savings projects and sourcing initiatives utilizing global spend data initiatives to determine if opportunity exits   
  • Gather and maintain cost savings and cost avoidance project data from the Indirect and Direct Global Strategic Sourcing teams across regions
  • Organize and lead meetings with regional Global Strategic Sourcing teams to identify opportunities and follow-up on cost savings projects data underway and completed
  • Review cost savings projects and validate supporting data to ensure it is accurate and reportable as savings based on Global Strategic Sourcing and Finance policy
  • Gather and monitor monthly savings data to ensure savings projects are realized
  • Engage with Global Strategic Sourcing and Finance teams globally to gather information and obtain input on validity of savings
  • Apply sourcing, accounting and financial principles to analyze savings projects
  • Prepare ad-hoc and monthly reports on the global cost savings data utilizing charts and tables   
  • Enhance current cost savings program to streamline and provide efficiencies to overall process
  • Perform total cost of ownership analysis on sourcing projects
  • Basic knowledge of Procurement best practices, Strategic sourcing, Inventory management and supply chain systems

REQUIRED QUALIFICATIONS:

 

Skills:

  • Ability to manage large data sets in excel
  • Demonstrated analytical and financial analysis skills
  • Ability to work independently and self-motivate in a fast-paced and rapidly changing environment
  • Ability to drive closure on open items 
  • Demonstrated ability to meet deadlines
  • Attention to detail
  • Excellent verbal, written and presentation communication skills 
  • Advanced computer skills (Microsoft Excel, Word, PowerPoint, Outlook)

Experience:

  • 5-7 years of relevant experience, including strategic sourcing, financial analysis, and reporting
  • Demonstrated record of managing large data sets and driving change based on analytical results
  • Demonstrated record of developing relationships with team members that has led to improved processes

Education:

  • Bachelor’s Degree in Business, Accounting, Finance or related field

PREFERRED QUALIFICATIONS:

  • 7+ years of financial analysis and strategic sourcing experience
  • Demonstrated record of independently managing multiple complex projects
  • Demonstrated record of conducting analysis of large and complex data sets and effectively communicate findings

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