Senior Sourcing Analyst
We are constantly looking to add to our core talent. If you are seeking a career that is challenging and rewarding, a work environment that is diverse and dynamic, look no further - Haemonetics is your employer of choice.
Job Details
The Sourcing Analyst is responsible for
Operating Plan (AOP) process by developing savings forecasts, pipeline assumptions, and cost baselines across indirect categories
Assistinannual budget planning cycles, ensuring procurement initiatives are accurately reflected in functional and enterprise budgets
Provide ongoing support to Finance and Category Managers to trackactuals vs. AOP commitments, including identification of risks and opportunities
Deliver monthly and quarterly reporting on indirect sourcing performance, including savings realization, pipeline health, and KPI tracking
Ensureaccuratedocumentation, auditability, and consistency of all savings reported
The Procurement Finance Analyst supports the Indirect Global Category Management team by driving financial transparency, reporting accuracy, andvalidatedcost savings across procurement initiatives. This role partners closely with Finance to ensure rigor in savings tracking, supports the annual operating plan (AOP) and budget planning processes,maintainsaccurateproject data within procurement systems, and delivers actionable insights through reporting and analysis.
The position plays a critical role in enabling data-driven decision-making, ensuring compliance with financial standards, and supporting the execution of global sourcing strategies.
Key Responsibilities
Financial Reporting, AOP Support & Savings Validation
Own end-to-end procurement reporting, including savings tracking, cost avoidance, and budget impact analysis
Partner closely with Finance tovalidate, track, and reconcile cost savings in alignment with corporate financial methodologies
Support theAnnual OP
Procurement Systems & Data Management
Maintainaccurateand up-to-date project entries within procurement tracking tools (e.g., spend/savings tracking systems)
Ensure completeness and integrity of sourcing pipeline data, savings forecasts, and realized results
Manage procurement datasets, dashboards, and reporting outputs across multiple systems
Maintain supplier and category data including Preferred Supplier Lists and vendor master records
Support to Category Managers
Partner with Indirect Global Category Managers to track initiative progress,financial impact, and execution timelines
Supportdevelopment of sourcing pipelines aligned to AOP targets and budget commitments
Provide analytical support for sourcing initiatives, including baseline development, benchmarking, and scenario modeling
Assistin building business cases andvalidatingfinancial assumptions for sourcing strategies
Support occasional procurement activities such aspurchaserequisitions and supplier data coordination
Data Analysis & Insights
Conduct detailed spend analysis andidentifyopportunities for cost optimization and efficiency improvements
Develop andmaintainadvanced Excel models, pivot tables, and dashboards (e.g., Power BI)
Synthesize large datasets into clear insights and actionable recommendations
Track and report key procurement KPIs across categories and regions, including performance vs. plan
Presentation & Communication
Prepare executive-ready presentations formonthly business reviews (MBRs), quarterly business reviews (QBRs), and AOP discussions
Translate complex financial and procurement data into clear, concise, and visually compelling insights
Highlight key trends, risks, and opportunities in procurement performance
Support preparation of procurement communications and stakeholder updates
Process Improvement & Governance
Identifyand implement process improvements to enhance reporting accuracy, efficiency, and scalability
Support standardization of savings methodologies, reporting templates, and financial governance practices
Assistwith implementation and optimization of procurement and analytics tools
Contribute to documentation of procurement and financial processes
Administrative & Operational Support
Manage procurement team communications, including inboxmonitoringand responding to internal inquiries
Coordinate meetings, prepare agendas, and document key decisions and action items
Support survey administration, data collection, and results analysis
Qualifications
Bachelor’s degree in Finance, Business, Supply Chain Management, or a related field
5+ years of experience in procurement, finance, FP&A, or a related analytical role
Strong financial acumen with experience in budgeting, forecasting, or AOP planning processes
Advancedproficiencyin Excel (pivot tables, modeling) and data visualization tools (e.g., Power BI)
Experience working with procurement or financial systems (e.g., Ariba, Coupa, SAP) preferred
Excellent communication and stakeholder management skills
Key Competencies
Financial & Analytical Rigor: Ability tovalidatesavings, support AOP planning, and analyze financial performance
Attention to Detail: High levelof precision in reporting, tracking, and data management
Business Partnering: Strong collaboration with Procurement, Finance, and cross-functional teams
Communication: Ability to translate complex data into clear insights for diverse audiences
Organization & Execution: Ability to manage multiple priorities across reporting cycles and planning timelines
Continuous Improvement: Proactive inidentifyingand implementing process enhancements