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Procurement Analyst

Location: White Plains
Posted on: November 20, 2020

Job Description:

Overview The Procurement Data & Transformation Analyst, is responsible for identifying business unit requirements, creating data and process specifications, coordinating with project teams. Applies expertise in conducting needs assessments, data analysis and process mapping and gap analysis with businesses in support of the procurement efforts. Translates business needs into specifications for the technology teams to ensure system configuration and data requirements are met. The Procurement Data & Transformation Analyst reports to the Executive Director of Procurement Data & Transformation. These activities will be performed in support of the Procurement objectives to: * Centralize and automate back-office procurement, contract management and invoicing operations to drive cost and operational efficiency * Reduce vendor/supplier related legal, regulatory, financial and operational risk to the Firm * Improve vendor/supplier governance and performance management * Maximize visibility and control of vendor/supplier spend across businesses and regions * Increase purchasing power & leverage across SMBC businesses and regions Responsibilities Aid in establishing a single source data model for supplier/vendor data in AD and EMEA, including standardization of entity names and corporate parent/child hierarchies Support efforts to standardize categorization of goods and services across BU s/regions and ensure appropriate GL code mapping Conduct data and process mapping in developing invoice requirements based on various ERP systems/requirements and work with technical teams to support configuration / alignment in the procurement system Identify and map budget and local/regional tax requirements Identify tools/technologies to extract, transform and load data (contracts and invoices) in the procurement system Partner with business users and leadership to identify opportunities to improve procurement processes Works cross-functionally to solve issues and implement changes, following a defined, agreed upon project management methodology, interacting regularly with existing or potential clients Provide business analysis, workflow improvement, documentation, information research and disseminate as requested, effectively presenting results in oral and written format. Research Regulatory Requirements and internal procedural rules and determine the impact to SMBC. Capture requirements using interviews, document analysis, workshops, surveys, site visits, business process descriptions, use cases, business analysis, task and workflow analysis. Proactively communicate and collaborate with internal Departments and across Procurement staff to analyze information needs and functional requirements and deliver artifacts as needed (e.g., Functional requirements, Business Requirements, Definitions, Process Mappings). Continually identify and remediate operating deficiencies, in support of our continuous improvement program Respond to ad hoc requests (delivering research, information gathering, requested tasks, etc.) Qualifications Experience in Data Governance preferred. Excellent understanding of Information Technology, especially Business Requirement Definitions. Excellent verbal and written communication skills. Ability to analyze workflows and develop improvements based on research, interviews, and subject matter expertise. Understands how to analyze the risks, issues and future impact of decisions; incorporating continual adjustments from stakeholders to keep the project on course and when to escalate issues to higher levels. Provide well defined problem / opportunity statements by applying a methodical & data driven approach to problem solving Possesses a highly developed sense of accountability and follow-through with an ability to effectively prioritize multiple tasks, projects and goals. Ability to understand complex and highly technical concepts, and easily explain/translate them to peers. Ability to be a self-starter by working independently to identify and/or complete tasks, and successfully engage in multiple initiatives simultaneously while interacting professionally with a diverse group of executives, managers, and subject matter experts. Change management/influencing skills; ability to build relationships and credibility; facilitate working sessions with large and small internal teams and external stakeholders Experience and exposure to different project methodologies Ability to prioritize work by setting and meeting realistic deadlines. SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMF stock exchanges. In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization s extensive global network. The Group s operating compani the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd. SMBC is an EO employer M/F/Veteran/Disability Show moreShow less

Keywords: SUMITOMO MITSUI BANKING CORPORATION, White Plains , Procurement Analyst, Professions , White Plains, New York

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