Financial Analyst @ LogicSource, Inc. | Jobright.ai
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LogicSource, Inc. · 1 day ago

Financial Analyst

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Responsibilities

Analyze and produce meaningful interpretations and actionable results from spend tools (OneMarket Insights + Portfolio) and other client data
Provide procurement and analytical support to Indirect Procurement team
Collaborate with the Client’s internal stakeholders to identify and secure relevant data for analysis
Track, monitor and report on delivery of savings targets
Support development of Quarterly Business Reviews including developing analytics to report on sourcing progress and savings results
Deliver on-going analytical support to Category Directors including analyzing root cause analysis, cost pattern analysis, SRM development, supplier score carding, and total cost reviews
Deliver on-going analytical support to Sourcing Managers and the Center of Excellence (COE) including analyzing RFP results, comparing pricing and calculating savings
Lead activities throughout procurement and sourcing team to monitor spend under management and spend under contract
Read and extract inconsistencies within contracts and add value by outlining required SLAs
Deliver accurate and timely information to finance for issuance of invoices to the client
Monitor and report on key performance initiatives (KPIs) such as savings vs. baseline, purchase compliance to contract rates and usage versus demand management forecasts
Leverage operational data to drive continual process improvement, including value engineering of specifications, supplier consolidation and geographic/freight-based opportunities
Ensure procurement activities comply with all client policies and procedures including legal and regulatory
Maintain efficient and courteous relationship with client, vendors, and internal client contractors

Qualification

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Supply ChainFinancial AnalysisExcelStrategic SourcingProcurementContract AdministrationProject ManagementOne MarketMicrosoft OfficeSmartsheet

Required

Bachelor’s degree in supply chain, finance, economics or accounting
3+ years of experience in analysis, financial and/or operational reporting roles
Fluent with reporting systems, internet research, and general forms of technical infrastructure
Proficient at Excel/financial analysis and planning
Ability to turn complex data into meaningful reports
Strong organizational and communication skills
Exposure to strategic sourcing, procurement, contract administration, and/or project management processes
Strong attention to detail
Self-starter with ability to multi-task, make sound business decisions, and find hidden opportunities
Recommended System Experience: One Market, Microsoft Office, Smartsheet

Company

LogicSource, Inc.

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An innovative leader in procurement services and technology, LogicSource is purpose-built to drive profit improvement through better buying.

Funding

Current Stage
Growth Stage
Total Funding
$229.27M
Key Investors
FTV CapitalPegasus Growth Capital
2022-04-07Private Equity· $180M
2020-03-01Series B· $5.8M
2016-03-24Series Unknown· $2M

Leadership Team

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David F. Pennino
Founder, Chief Executive Officer, and Director
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Niki Heim
Chief Financial Officer and Chief Administrative Officer
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Company data provided by crunchbase
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