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Procurement Cost Analyst, NA
Position Description
In a Procurement Cost Analyst, Vantage is looking for a highly motivated, self-starter to be an integral part of a team that manages Owner Furnished Contractor Installed Equipment. In this role, you will be responsible for the preparation of capital expenditure documentation and highly detailed budgets for intricate, multi-phased, multi-faceted projects. You will also be responsible for identifying, providing, and reporting metrics on these highly complex budgets. Additionally, you will be integrally involved with invoice reporting, developing and maintaining department budgets, financial inventory allocation, user support of financial and accounting systems, contract administration, status and tracking report development, and daily support of the regional Procurement Managers and senior leaders in the department.
Regular collaboration and coordination will be required with our external supply chain partners and numerous internal teams such as Construction Cost & Finance, Accounting, Construction, Operations, and Legal. Occasional travel to Vantage Data Center sites may also be required.
Responsibilities
- Data Collection & Analysis
- Consolidate and manage financial information from multiple software systems.
- Enter Purchase Orders (PO's), review invoices, track budgets, allocate equipment from purchases to projects.
- Properly evaluate and update inventory for OFCI (Owner-Furnished-Contractor-Installed) equipment.
- Maintain and track internal sales transactions between legal entities.
- Assist in the management and support equipment inventory planning efforts and forecasting.
- Research market raw material pricing and track indices, assist in evaluation of equipment pricing.
- KPI Reporting & Performance Tracking
- Standardize templates and develop KPI's for project budgets and inventory program budgets for OFCI equipment.
- Maintain, track, and report budgets, cash flows, KPI's, sales transfers.
- Present financial metrics and analysis to project managers, department leaders, and executives.
- Update and maintain established change order and savings trackers.
- Collaborate with Cross Functional Teams
- Work with construction, finance, procurement and compliance to establish and maintain project budgets and have been accurately captured.
- Support Procurement Managers and Finance / Accounting with invoice approvals and troubleshooting issues.
- Ensure procurement data and reporting meets the needs of process with other department requirements.
- Continuous Process Improvement
- Coordinate with construction teams to improve reporting, scheduling, and monthly budget updates.
- Coordinate with vendors on routine production update delivery.
- Supplier and Market Insights
- Assistance in the tax reporting process of inventory in North America.
- Help develop and maintain record keeping and reports for the business.
- Work with compliance to ensure the department and vendors are within guidelines.
Job Requirements
- Education:
- Bachelor of Science in finance, accounting, quantity surveying, construction science, supply chain management, logistics, business administration, Engineering or related field or equivalent experience, is required
- Experience:
- 2 to 5 years of experience in a financial, accounting, or supply chain role is required, with a proven track record of managing complex data sets.
- Travel:
- Travel required is expected to be up to 20% but may increase over time as the business evolves
- Skills:
- Advanced proficiency in data analysis and visualization tools (e.g. Excel, Tableau, Power BI)
- Experience with procurement-specific software and systems (e.g., SAP Ariba, Oracle Procurement, One Trust)
- Strong critical thinking skills, with a focus on data-driven solutions to address procurement challenges.
- Ability to communicate complex analytical findings to senior executives and non-technical stakeholders in a clear and concise manner.
Physical Demands and Special Requirements
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is occasionally required to stand; walk; sit; use hands to handle, or feel objects; reach with hands and arms; climb stairs; balance; stoop or kneel; talk and hear. The employee must occasionally lift and/or move up to 25 pounds.
- Additional Details
- Salary Range: $95,000-105,000 Base + Bonus (this range is b