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Procurement Analyst
3 months ago
We invite you to explore the award-winning culture, people, rewards and opportunities that make Comerica Bank so special. Make your next career choice a confident one.
Qualifications
Position Qualifications:
- Bachelor's Degree from an accredited university in Business, Finance, Accounting, Supply Chain or 4 years of relevant experience
- 2 years of experience in project management
- 2 years of experience with analytical and communication skills
Job Description
Governance Analytics Senior Analyst
This position is responsible for supporting the sourcing governance processes, analyzing sourcing and contract metrics, financial impact measurements and spend data.
The position has primary responsibilities for spend analysis, business stakeholder outreach to evaluate sourcing opportunities from expiring contracts and validating saving calculation methodologies for reporting to Business Finance. This position will provide support for audits, contract research and is expected to understand policy for all procurement processes, including end-to-end sourcing and risk controls.
Other job functions include analyzing, reporting, and presenting sourcing and contracting data. Additionally, this position will work with business stakeholders for coordination and engagement on processes that are hinged to the procurement process such as risk, legal, business finance, technology, accounting, etc. to ensure there is support of requirements embedded into our sourcing milestones.
Position Responsibilities:- Responsible for supporting governance and reporting activities across the sourcing and contracts team, facilitate the expiring contract process.
- Present analysis around contract reviews and sourcing benefit opportunities to Senior Management for consideration; responsible for tracking and reporting of spend and benefit (value/savings).
- Develop and implement process improvements, system controls and risk management
- Utilize e-Procurement systems to facilitate sourcing, contracting, and purchasing activities.
- Conduct market research and analyze relevant data (benchmarking, spend, contracts) to support execution of supplier/sourcing strategies.
About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.
Upon offer, Comerica conducts a comprehensive background and fingerprint check.
NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by the Business Bank, the Retail Bank, and Wealth Management. Comerica's more than 9,000 colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.
