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Associate Principal, Sourcing Data Insights - Procurement

SALARY: $89k - $110k plus 15%

LOCATION: CHICAGO, IL

HYBRID 3 DAYS ONSITE

Looking for a candidate who will be creating and maintaining reports for managing procurement activities. You will manage and analyze procurement data, oversee KPIs and metrics. Strong understanding of business analytics. 3 years using an ERP system administering SharePoint sites. Procurements roles involving strategic sourcing financial services industry preferred

The Associate Principal, Sourcing Data Insights will play a crucial role in developing quantitative methods to govern the procurement process. This includes designing a scorecard for the Strategic Sourcing function, creating and maintaining reports for managing procurement activities, and designing processes for intake and resource allocation. This role offers extensive collaboration opportunities with cross-functional teams. By working closely with Strategic Sourcing, IT, Finance, Legal, PMO, Data Governance and Operations, you can represent the department across the company and drive data-driven decision-making for Strategic Sourcing.

Qualifications:

• Strong understanding of business analytics with ample experience in procurement, IT contracts, and/or PMO. Knowledge of the sources of data that support the development and execution of sourcing strategies.
• Process analysis and improvement experience, with the ability to define and reinforce processes.
• Proven ability to collaborate and problem-solve effectively with cross-functional teams by developing partnerships with teams such as Strategic Sourcing, Legal, Finance, IT, Operations to understand, influence and obtain support to achieve objectives.
• Project management skills to manage data analytics projects that require frequent communication, organization and time management.
• Successful track record in discerning when and how to escalate and issue for resolution.
• Excellent communication and presentation skills with the ability to convey complex data findings and data-driven solutions to both technical and nontechnical stakeholders, the capability to create compelling presentations and reports, and to lead meetings.
• Attention to detail to ensure accuracy and completeness in reporting.
• Familiarity with relevant regulatory and industry requirements.
• Other functional experience particularly in IT, business strategy, business analysis or finance is an advantage

Technical Skills

• 3+ years' experience using an ERP system, using data visualization tools, and administering Sharepoint sites.
• Familiarity with analytics capabilities built into procurement-specific software, such as Oracle Fusion.
• Prefer experience in one or more of the following: ServiceNow, Archer, Apptio, Power BI, and/or Tableau.
• Advanced knowledge of Microsoft Office products and applications (Excel, PowerPoint, Word, Visio, etc.)

Education & Training

• 3+ years preferred experience in procurement roles involving strategic sourcing, procure-to-pay, supplier performance measurement, or in supply chain management roles.
• 3+ years of experience working cross functionally with tech and non-tech teams
• 2+ years preferred in project management office, and/or developing, implementing, and evaluating new and revised methods, procedures, and performance standards.
• 3+ years preferred experience in the financial services industry.
• Bachelor's degree in business management, supply chain, data science, information technology or a related field, OR an equivalent combination of experience, skills, training and education.
• Optional: Certifications in data science, business analytics, or supply chain are beneficial.