Senior Sourcing Analyst

Job description

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 Op erating Plan (AOP) process by developing savings forecasts, pipeline assumptions, and cost baselines across indirect categories Assist in annual budget planning cycles , ensuring procurement initiatives are accurately reflected in functional and enterprise budgets Provide ongoing support to Finance and Category Managers to track actuals 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 Ensure accurate documentation, auditability, and consistency of all savings reported The Procurement Finance Analyst supports the Indirect Global Category Management team by driving financial transparency, reporting accuracy, and validated cost 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, maintains accurate project 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 to validate , track, and reconcile cost savings in alignment with corporate financial methodologies Support the Annual OP Procurement Systems & Data Management Maintain accurate and 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 Support development of sourcing pipelines aligned to AOP targets and budget commitments Provide analytical support for sourcing initiatives, including baseline development, benchmarking, and scenario modeling Assist in building business cases and validating financial assumptions for sourcing strategies Support occasional procurement activities such as purchase requisitions and supplier data coordination Data Analysis & Insights Conduct detailed spend analysis and identify opportunities for cost optimization and efficiency improvements Develop and maintain advanced 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 for monthly 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 Identify and implement process improvements to enhance reporting accuracy, efficiency, and scalability Support standardization of savings methodologies, reporting templates, and financial governance practices Assist with implementation and optimization of procurement and analytics tools Contribute to documentation of procurement and financial processes Administrative & Operational Support Manage procurement team communications, including inbox monitoring and 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 Advanced proficiency in 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 to validate savings, support AOP planning, and analyze financial performance Attention to Detail: High level of 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 in identifying and implementing process enhancements EEO Policy Statement